News Details

Marussia: Cut costs or fail

Marussia sporting director Graeme Lowdon says F1 needs to adopt some sort of cost cutting technique or risk being "seen as some kind of failure." Although the FIA had hoped to introduce a cost cap next season, those plans were scratched when the sport's Strategy Group - comprising Ferrari, McLaren, Mercedes, Red Bull, Lotus and Williams - refused to play along. The veto has not gone down well with Formula 1's smaller teams with Lowdon warning that the sport could face long-term consequences unless something is done. "We want to see Formula One grow, and there is an important lesson to be learned from sports that have demonstrated huge growth over the last five to 10...
Full Story »
11y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

F1 set for cost-cutting summit on 1 May

F1 will move to put cost-cutting efforts back on the agenda during a May 1...
11y ago from GrandPrix.com

Formula 1 set for cost-cutting showdown on 1 May

Formula 1 set for cost-cutting showdown on 1 May 20 April, 2014 Formula 1...
11y ago from GrandPrix247.com

Lowdon slams anti-cost cap teams

Marussia sporting director Graeme Lowdon has said claims from teams that...
11y ago from Crash.net

Horner defends scrapping cap

Christian Horner has defended the decision to scrap a proposed cost cap,...
11y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Mick Schumacher building confidence after first...

Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
45m ago from MotorsportWeek.c...

Arrow McLaren unveils liveries for 2026 IndyCar...

Arrow McLaren has taken the wraps off its trio of challengers for the...
17h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I asked them…' – Chelsea boss Liam...

Chelsea manager Liam Rosenior has slammed Arsenal for showing what he felt...
1h ago from CaughtOffside.com

Liam Rosenior accuses Arsenal of lack of respect after...

t;li>Arsenal staff member was in Chelsea half before cup tie‘There...
1h ago from TheGuardian.com

Arsenal and Chelsea pushing hard for 16-G/A phenomenon...

Julian Alvarez continues to be linked with a return to the Premier League....
2h ago from CaughtOffside.com

'Arsenal are interested…': Romano transfer...

Newcastle United midfielder Sandro Tonali has been linked with a move away...
2h 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.