News Details
FIA urges Formula 1 to cut costs
Williams Martini Racing
The FIA says that the absence of Marussia and Caterham from this weekend's United States Grand Prix shows that it was right to push for cost cutting measures earlier this year.
FIA President Jean Todt proposed a cost cap which would reduce spending, but his concept was abandoned when he realised that he would not have the required backing from Formula 1 teams.
Only 18 cars will participate at Austin this weekend and an FIA statement says that they foresaw the situation.
"The FIA has been informed of the financial difficulties of the Caterham F1 and Marussia F1 Teams and of the considerable uncertainty surrounding their participation in the final races of the...
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11y ago from F1Zone.net
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