Click to view our fantastic subscription offers

Instant access to the F1 paddock

You have 5 views remaining

You have read 10 stories this month. After 15, you will need to register or subscribe.

Register with us for free to view 30 stories a month.

Or subscribe to AUTOSPORT+ for unlimited news stories and access to our exclusive subscriber-only content.

Our commitment to quality journalism

We've introduced metered access to AUTOSPORT which will ensure that the majority of our visitors can continue to view the site for free. But we think that is worth a small investment from those who use it most, so that we can continue to send the leading experts in their field to motor racing paddocks all over the world to break the latest news and produce the most compelling interviews and race reports.

Every visitor gets 15 free page views per month. Once you reach the limit you can register to get 30 views or choose one of our value-for-money subscription packages to continue viewing and to get additional access to a range of features including:

  • Unlimited access to AUTOSPORT with news and views from the paddock
  • Enjoy AUTOSPORT+: subscriber-only analysis, comment and top-quality pictures
  • Get AUTOSPORT magazine in a digital format on your computer or iPad every week
  • Full access to FORIX - the world's best motorsport statistics website

We greatly appreciate your continued support to keep AUTOSPORT at the forefront of motorsport coverage, and we look forward to welcoming you as a new subscriber.

Glenn Freeman Editor
Find out more about our subscriptions

GP2 to extend life of current car as part of cost-cutting plan

Barcelona GP2 start 2013The GP2 Series will reuse its existing chassis for the fourth three-year lifecycle that begins next season as part of a cost-cutting exercise, AUTOSPORT can reveal.

GP2 chief Bruno Michel has targeted a budget reduction of "more than 10 per cent" for his teams from 2014 in reaction to the ongoing economic crisis.

Already this season, two teams - iSport and Ocean Racing Technology - were forced out of the Formula 1 feeder series citing a lack of suitably-funded drivers.

A new Dallara had been produced for the previous three lifecycles, meaning teams have traditionally had to outlay the cost of the new chassis and factor it into their budgets for drivers across the three seasons.

"Ahead of the 10th year of GP2, generally speaking the series has been going very well," Michel told AUTOSPORT, "but the economic crisis has been hitting the industry. Everybody is feeling it.

"We understand now that it's quite difficult to find 26 drivers with that level of budget, so we have taken some steps to lower the cost of the series for next season and beyond.

"I can't give precise figures, because these will vary from one team to another, but these moves will allow them to decrease their costs by a significant percentage.

"We will stick with our current car, which means it no longer depreciates over three years but six.

"We will leave the option open to produce an update kit, like we did with GP3 this year, because the look of the 2014 F1 cars could change with the new engine formula, we don't know yet. But that will be a lot less than the cost of a new car, that's what we want to avoid."


GP2 has worked with its respective chassis and engine suppliers Dallara and Mecachrome to reduce the cost of spare parts, and is to review its calendar to decrease its freight costs.

It currently includes four flyaway events, but with the potential of adding Moscow (which its European-based teams would not have to fly kit to) and shifting freight by boat rather than plane whenever possible.

Sam Bird, Russian Time, Barcelona GP2 2013"If we achieve that, I believe we can cut our freight costs by 50 per cent," said Michel. "Our aim is to make sure all our teams are sustainable; we understand the market has changed.

"Between using the old car, the discounted spare parts and engines, the reduced freight costs and looking again at our calendar, at the end of the day this is a good package that teams can then pass on to the drivers in terms of the budgets they need. This will definitely make a positive impact on them."

As with previous lifecycles, teams will be invited to tender for the 2014-16 slots in the summer. Michel says that all of his existing squads have registered their interest in staying on, as well as some from outside the series too.

  More news  
Read the AUTOSPORT Digital Edition
Visit the shop
See highlights from 60 years of AUTOSPORT