Todt: F1 Teams cost saving proposals are ridiculous
Jean Todt has slammed as “a joke” the initial cost-saving proposals put forward by formula one teams. The powerful..
Jean Todt has slammed as “a joke” the initial cost-saving proposals put forward by formula one teams. The powerful..
F1’s smallest teams have proposed a mid-season development freeze to cut costs from 2015. After the powerful ‘Strategy..
Lotus team owner Gerard Lopez on Sunday indicated he was unhappy to have joined the opposition against the introduction of budget caps. The..
F1 will move to put cost-cutting efforts back on the agenda during a May 1 meeting. Earlier, it was reported FIA president Jean Todt was..
F1 is heading towards a budget cap of EUR 150 million per team for the 2015 season and beyond. FIA president Jean Todt said he is confident..
Niki Lauda has admitted Mercedes upped its F1 budget in the quest to chase down the sport’s top teams. As the German marque looks set..
A ‘cost cap’ in formula one is coming, the FIA said in a surprising announcement on Monday. Although many teams are facing..
Romain Grosjean has admitted he is not sure if Lotus‘ money problems have been solved. The Enstone based team had been delaying..
Ferrari has hit back at reports in a famous British magazine that its budget is the highest in formula one. Autosport said Ferrari’s..
Vitaly Petrov has admitted he could switch to the German touring car series DTM in 2014. The Russian has been looking to return to formula..
A Lotus contract with Nico Hulkenberg‘s name on it will be signed at Enstone “either today or tomorrow”, the German..
Williams Deputy boss Claire Williams insists she is “happy” with the Oxfordshire based team’s budget for 2014. Her..
A bigger budget would help Sauber to emerge from its competitive crisis, team boss Monisha Kaltenborn has admitted. The grey C32s were off..
A dark cloud has moved above next year’s inaugural Russian grand prix. Speed Week is reporting that the debt-ridden race organiser,..
Kimi Raikkonen, 2013’s early championship leader, has questioned whether Lotus can keep up its winning pace throughout the season...
F1’s funding model is ‘starving’ the smaller teams, Marussia refugee Timo Glock claims. The 30-year-old German has had to..
Timo Glock has lamented the trend at the back of F1’s grid. The salaried German has been dropped by Marussia mid-contract, with the..
Christian Horner was not at Maranello recently to discuss his or Adrian Newey’s possible switch to Ferrari. When the Red Bull team..
Latest F1 rumours are that Turkish F1 grand prix will have return on the F1 calender. Formula one raced at the Hermann Tilke-penned..
Red Bull’s new title sponsorship for 2013 and beyond is worth an additional EUR 15 million per year, according to the German magazine..