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...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
Will Marussia also miss the United States GP?
End of the F1 road for Marussia?
Formula 1's grid may have shrunk to just...
11y ago from GrandPrix247.com
Administrators confirm Marussia will miss Austin
Marussia F1 Team
Administrators acting on behalf of the Marussia Formula...
11y ago from F1Zone.net
Marussia enters administration
Marussia is now being managed by administrators, mere days after...
11y ago from GrandPrix247.com
Fernandes: Small teams can't compete
Caterham F1 Team
Former Caterham owner Tony Fernandes says that small...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Pato O'Ward on the 'red flag' that has prevented an...
No description available...
1h ago from Motorsport.com
IndyCar drivers impressed with ‘new standard’...
IndyCar is in the middle of a busy race weekend on a brand new street...
1h ago from MotorsportWeek.c...
How to watch the IndyCar Grand Prix of Arlington:...
No description available...
21h ago from Motorsport.com
Conor Daly snags Indy 500 ride with Dreyer and Reinbold
Dreyer and Reinbold Racing has announced that Conor Daly will drive for...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Safari Rally Kenya: Why 'you would be faster with...
No description available...
54m ago from Motorsport.com
Solberg clings on to Safari Rally lead as Ogier hunts...
Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...
2h ago from MotorsportWeek.c...
WRC Safari Rally Kenya: Oliver Solberg hangs on to...
No description available...
3h ago from Motorsport.com
WRC Safari Rally Kenya: Solberg leads as Ogier hauls...
No description available...
8h ago from Motorsport.com
Popular On GunnersToday.com
Premier League news: Carrick backs Maguire for World...
No description available...
2h ago from TheGuardian.com
Mikel Arteta provides fitness update on 2 key Arsenal...
Arsenal coach Mikel Arteta has shared fitness updates for key players...
1h ago from SportsKeeda.com
Arsenal hoping to secure future of 2 key players with...
Arsenal are reportedly hoping to renew the contracts of key players Declan...
4m ago from SportsKeeda.com
Arsenal vs Everton preview: Odegaard and Trossard...
No description available...
3h ago from SkySports.com
Comments
Hottest News
Adrian Newey blasted for Aston Martin disaster: 'He should...
Former F1 team manager Peter Windsor has... Read More »
3h ago from GPFans.com
Wolff reveals where Mercedes is beating its rivals in...
Mercedes team principal Toto Wolff made no effort... Read More »
4h ago from F1i.com
Charles Leclerc fumes after bizarre Ferrari issue ruins...
Charles Leclerc was left furious after an... Read More »
8h ago from MotorsportWeek.com
