News Details

Changes needed to keep smaller teams in F1

Force India team co-owner and principal Vijay Mallya believes Formula 1 is heading toward a scenario which could see several of the smaller teams drop out due to financial concerns. The Indian, who himself is struggling financially with the sale of his beers and spirits company to cover mounting debts from his airline, warns that F1 must change to ensure its survival. "On one hand the FIA and FOTA - when it existed in full strength - had resolved that we need to reduce the costs of Formula One," he told the official F1 website. "But rather than reducing costs, one or two teams have decided winning at any cost is more important than the sustainability of the sport, so there is...
Full Story »
12y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Fernley says costs threaten some F1 teams

Some Formula One teams face a fight for survival next season when engine...
12y ago from SuperSport.com

Teams warned of Pirelli test

According to Sky Sport F1, the Formula One teams were warned not to take...
12y ago from Formula1Blog.com

Mallya: 2014 rules squeeze small teams

Formula 1's 2014 regulation changes risk squeezing smaller teams out of...
12y ago from AutoSport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Paul Merson predicts Liverpool vs Arsenal and other...

We had an incredible finish to gameweek 2 on Monday. Newcastle and...
1h ago from SportsKeeda.com

Eze, Madueke and Arsenal's early test of depth against...

The last time Arsenal visited Anfield, for the 2-2 draw with Liverpool in...
2h ago from SkySports.com

Madueke or Nwaneri? Arsenal expert names who he...

Arsenal FC journalist Charles Watts has provided his insight into how...
2h ago from CaughtOffside.com

Colouring outside the lines

In 2023-24, Arsenal Women toiled against low blocks. They lost games they...
2h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.