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
Marc Marquez: 'It's not that the others are going...
No description available...
14h ago from Motorsport.com
Pedro Acosta ‘barely makes it through’ to Q2 after...
No description available...
14h ago from Motorsport.com
Johann Zarco tops second MotoGP practice at Le Mans,...
Johann Zarco continued Honda's Friday dominance to top the second MotoGP...
18h ago from MotorsportWeek.c...
What’s behind Honda’s pace-setting speed in French...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Enzo Fittipaldi snags first Indy NXT win in Race 1 of...
No description available...
10h ago from Motorsport.com
IndyCar postpones IMS qualifying due to rain
The NTT IndyCar Series has postponed qualifying due to continuing...
10h ago from MotorsportWeek.c...
Rain washes out IndyCar qualifying at Indianapolis...
No description available...
10h ago from Motorsport.com
Second IndyCar practice at IMS headed up by Alex Palou
IndyCar took to the Indianapolis Motor Speedway road course for the...
13h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Portugal: Organisers investigate major stage...
No description available...
12h ago from Motorsport.com
WRC Portugal: Adrien Fourmaux off gives Sebastien...
No description available...
15h ago from Motorsport.com
Dani Sordo questions “stupid” WRC tyre rules amid...
No description available...
20h ago from Motorsport.com
WRC Portugal: Hyundai on top as overnight leader...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
'I can't see…' – Jamie Carragher makes big...
Liverpool legend Jamie Carragher has admitted he can see there being a...
1h ago from CaughtOffside.com
Mikel Arteta responds to Wayne Rooney claiming Arsenal...
Arsenal manager Mikel Arteta has issued a response after Wayne Rooney...
43m ago from SportsKeeda.com
I can tell you what I won't be doing this evening...
Morning all. West Ham is tomorrow. I don't want to talk about West Ham...
23m ago from Arseblog.com
Sources: Chelsea & other PL clubs eyeing...
Chelsea are understood to be on alert for the possible transfer of Arsenal...
13m ago from CaughtOffside.com
Comments
Hottest News
Aston Martin are in crisis but Alonso would never 'throw in...
Fernando Alonso may be struggling to get anything... Read More »
43m ago from GPFans.com
Carlos Sainz 'open to' sensational McLaren F1 return
Carlos Sainz is considering making a shock return... Read More »
1h ago from GPFans.com
Editor's Desk: 2026 Formula 1 turning us into Schizophrenics
As the reality of the 2026 Formula 1 season... Read More »
33m ago from GrandPrix247.com
