News Details

Budget cap alone won't solve F1's high costs - Todt

Formula 1 cannot just rely on a budget cap to sufficiently bring down costs in the championship, reckons FIA president Jean Todt. Although a defined limit on team spending is being pursued by F1’s owners as a key change for the future, Todt believes it would be a mistake to rely on it exclusively as a means of controlling expenditure. He thinks that a cost cap must go hand-in-hand with other regulations that help make F1 cheaper, otherwise there is a risk of the concept failing. “We have been talking about cost control/cost cap for a while,” said Todt. “I believe it is a good move, but for me it has to be a combination. “We need to make regulations which will have some impact on...
Full Story »
7y ago from Motorsport.com 0
Share

You May Also Be Interested In...

Cosworth would require manufacturer backing for 2021...

Cosworth won't be developing an engine for the 2021 Formula 1...
7y ago from MotorsportWeek.com

Vasseur and Todt hail F1's amazing young talent pool

Sauber boss Fred Vasseur and driver manager Nicolas Todt believe F1 has...
7y ago from F1i.com

Aston Martin's Palmer backs Todt's 'global engine' idea

Aston Martin CEO Andy Palmer believes Jean Todt's idea of a 'global...
7y ago from F1i.com

Alfa Romeo Sauber 2018 F1 Car Concept Design

Alfa Romeo’s return to the Formula 1 for the first time since the...
7y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

LCR boss reveals Honda is ‘more determined than...

LCR team owner Lucio Cecchinello has revealed that Honda is "more...

Francesco Bagnaia explains ‘weak point' that...

Factory Ducati rider Francesco Bagania explained his "weak...

Yamaha officially begins testing of V4 MotoGP engine

Yamaha technical director Max Bartolini has confirmed the MotoGP factory...

Popular On IndyCarToday.com

Scott Dixon fastest as technical issues delay first...

34 drivers arrived at the Indianapolis Motor Speedway on Wednesday eager...

Three rookies, five returning drivers successfully...

The NTT IndyCar Series held the beginning of a two-day open test session...

Popular On TotalWRC.com

M-Sport chief Malcolm Wilson nominated as FIA deputy...

Malcolm Wilson, OBE, and founder of title-winning WRC outfit M-Sport, has...
16h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Manchester United pushing to sign strikers wanted by...

Manchester United are pushing to sign Victor Osimhen and Matheus Cunha...
2h ago from SportsKeeda.com

'Only he looked like he wanted to play', 'The perfect...

Arsenal fans online have singled out and commended Jakub Kiwior for his...
3h ago from SportsKeeda.com

'What's this bozo gene', 'Costing us every game' -...

Arsenal fans were left disappointed by the display of star defender...
4h ago from SportsKeeda.com

Arsenal 'convinced' Mikel Arteta transfer target will...

Arsenal are reportedly confident that one of their main summer transfer...
3h ago from SportsMole.co.uk

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.