Briatore Wants Further Cost-Cutting in F1

Renault boss Flavio Briatore has backed calls for dramatic cost cuts to be made in Formula One, on the same day that the FIA has vowed to implement such changes to future regulations

Briatore Wants Further Cost-Cutting in F1

Briatore believes that the sport has to face up to the growing problem of rising costs - and has hinted that Formula One supremo Bernie Ecclestone should take some of the blame for letting the situation get out of control

When asked what he would change if he was appointed to run Formula One, Briatore told the official Formula One website: "Bernie. The way he thinks.

"We have to cut costs and put on more entertainment. As for the costs, teams are supposed to make money and not lose money. And we are supposed to be part of the entertainment business so the show has to become better."

The FIA issued a statement on Tuesday expressing their disappointment at the lack of cost cutting measures put forward by teams in their planned rules for 2008.

Briatore believes cost cuts are vital, and has suggested that moves should be made to bring them into the sport before 2008.

" I am with (FIA President) Max (Mosley) that the 2008 changes should be implemented before that - at least in parts," he said. "On the other hand, the small teams have to come to terms with their financial situation. Why have a headcount of 200 people? I have proven that it is possible to run a team with a staff of only 80."

Ecclestone has responded to Briatore's comments and claimed that he has also been in favour of reducing costs.

"It is strange that Flavio would want to change the way I think as he has been following my suggestions for years," he said. "One of these has always been to reduce the necessity of having to spend a large amount of money to be competitive. The problem is stopping the manufacturers granting such a large budget for the engine development, which then has to be spent.

"I have also for a long time explained to the teams that not only are we a sport but also we are in the entertainment business like all other sports. Regretfully the teams and drivers think Formula One is for their entertainment."

shares
comments
Toyota Continue Development on TF105B

Previous article

Toyota Continue Development on TF105B

Next article

Klien to Drive for the Remaining 3 Races

Klien to Drive for the Remaining 3 Races
Load comments

About this article

Series Formula 1
Author Jonathan Noble
How Verstappen and Hamilton’s Imola clash sets the tone for F1’s 2021 title fight Plus

How Verstappen and Hamilton’s Imola clash sets the tone for F1’s 2021 title fight

In Max Verstappen's Formula 1 career to date, he has been cast as the 'pretender', an acknowledged top-line performer without the car to regularly challenge Lewis Hamilton. But that no longer applies in 2021, and the start to the Emilia Romagna Grand Prix was the most telling signal yet of what we can expect from their duel this year

How “overwhelming” McLaren move has given Ricciardo a new verve Plus

How “overwhelming” McLaren move has given Ricciardo a new verve

Daniel Ricciardo has found a new lease of life at McLaren – a move that’s been years in the making, as he explains to STUART CODLING…

Formula 1
Apr 20, 2021
The German legend who raced and beat Nuvolari Plus

The German legend who raced and beat Nuvolari

Ninety years ago, Rudolf Caracciola became the first non-Italian to win the epic Mille Miglia. We look at how he stacks up to the most famous pre-war ace Tazio Nuvolari, one of the drivers he beat on that day in 1931

Formula 1
Apr 20, 2021
How 2021's midfielders have taken lessons from F1's top teams Plus

How 2021's midfielders have taken lessons from F1's top teams

Formula 1’s latest Imola adventure turned into an expensive trip for many teams due to several crashes throughout the weekend. While balancing the books is an added factor in 2021 with the cost cap, a few midfield teams have cashed in early on development investments

Formula 1
Apr 19, 2021
Emilia Romagna Grand Prix Driver Ratings Plus

Emilia Romagna Grand Prix Driver Ratings

A frantic wet race at Imola produced plenty of excitement and drama as drivers scrabbled for grip. Amid the hatful of mistakes and incidents that ensued, who kept their noses cleanest?

Formula 1
Apr 19, 2021
How the Emilia Romagna GP result hinged on three crucial saves Plus

How the Emilia Romagna GP result hinged on three crucial saves

Rain before the start of the Emilia Romagna Grand Prix promised to spice up the action, and the race certainly delivered on that. Max Verstappen got the best launch to win from Lewis Hamilton, but both got away with mistakes that could have had serious consequences

Formula 1
Apr 19, 2021
The back-bedroom world-beater that began a new F1 era Plus

The back-bedroom world-beater that began a new F1 era

The first in a line of world beaters was designed in a back bedroom and then constructed in a shed. STUART CODLING recalls the Tyrrell 001

Formula 1
Apr 18, 2021
The clues Hamilton’s F1 contract afterthought gives to his future Plus

The clues Hamilton’s F1 contract afterthought gives to his future

The Formula 1 world reacted with surprise when it learned Lewis Hamilton’s long-awaited new Mercedes deal guarantees his presence on the grid only until the end of 2021. Both parties claimed publicly they were happy with the arrangement but, asks MARK GALLAGHER, is there more to it than that?

Formula 1
Apr 17, 2021