Cost-cutting talks set for after China
FIA president Max Mosley will meet with the newly-formed Formula One Teams' Association immediately in the days after the Chinese Grand Prix to discuss the urgent cost-cutting measures that the sport requires
Yesterday evening Mosley told the BBC that F1 faced "serious difficulties" as early as 2010 if the teams could not reduce their expenditure.
He met with Ferrari president and FOTA chairman Luca di Montezemolo in Nice today to make arrangements for continuing the dicussion with FOTA.
"After a constructive meeting they agreed that the FIA President would invite the full membership of FOTA to a meeting immediately following the Grand Prix of China," said an FIA statement.
"At this meeting the FIA will discuss and share with the teams the strategic decisions which are now urgently required, having regard to current world-wide economic problems."
The statement added that the meeting would cover "very significant and urgent reductions in costs, future technical regulations for chassis and drive train, maintaining the competitive element - future performance differentiators."
Share Or Save This Story
Hamilton accepts blame for incident with Albon in F1 Brazilian GP
Ferrari drivers called to F1 stewards over Brazilian GP collision
Will Alonso's Indy failure end the age of versatility?
Why Mercedes won't contest Antonelli's British GP track limits penalty
Hamilton keeps British GP podium after escaping yellow-flag sanction
Verstappen "fed up" with Red Bull issues as he reveals cause of British GP crash
DTM Norisring: Thiim doubles up to grab championship lead
Subscribe and access Autosport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
Top Comments