News Details

Tost: We spend far too much money in Formula 1

  Toro Rosso team principal Franz Tost is adamant that Formula 1 has to do something to reel in and restrain costs, while warning that manufacturers will one day pull the plug on what he terms 'intolerable' costs. Speaking to Tiroler Tageszeitung, Tost  said, 'Costs have to be reduced. It cannot be that teams spend 450-million euros a year, while at the same time every penny counts when selling street cars to consumers. Furthermore, manufacturers will not accept these budgets forever. This is intolerable. We spend far too much money in Formula 1.' Tost suggests, 'For example each team has a budget of 150-million available, all of which is controlled by the FIA. The big teams will...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

F1 has too many races in Europe, says Toro Rosso boss

Toro Rosso team principal Franz Tost believes that Formula 1 still has too...
9y ago from Motorsport.com

Engine equalisation would rein in Mercedes dominance -...

 XPB Images Toro Rosso boss Franz Tost believes that Mercedes'...
9y ago from F1i.com

Too many F1 races held in Europe

Toro Rosso team principal Franz Tost feels that too many races on the...
9y ago from PlanetF1.com

Gasly: Marko relationship improved despite Toro Rosso...

Pierre Gasly believes his reaction to missing out on a Toro Rosso F1 seat...
9y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Andretti lights up IndyCar Long Beach practice, Will...

The field of 25 drivers in the NTT IndyCar Series roared out of a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal will not play for a draw in Manchester City...

t;li>Arsenal coach sees trip to Etihad as ‘a big opportunity’Bukayo...
6h ago from TheGuardian.com

Papers: Arsenal interested in Leicester teenager as...

The top stories and transfer rumours from Saturday's newspapers...
5h ago from SkySports.com

Wayne Rooney makes huge Arsenal title claim amid late...

Manchester United legend Wayne Rooney has backed Arsenal to clinch the...
9h ago from CaughtOffside.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.