Mallya cautious on FIA's new rules

Force India boss Vijay Mallya says he is cautious about the FIA's introduction of a budget cap for the 2010 season

Mallya cautious on FIA's new rules

The governing body confirmed on Thursday that Formula 1 teams will be able to adhere to an optional £40 million budget cap from next year, with more technical freedom allowed for them.

McLaren and Williams have already reacted to the plan with scepticism, saying they are against a championship with two sets of rules.

Mallya said he was in favour of moves to reduce costs, but admitted the proposals have to be fully analysed.

"In principle Force India welcomes all cost cutting initiatives and budget caps, but we must fully investigate and understand the implications of the current measures proposed by both the FIA and FOTA," said Mallya.

"We will review the proposal internally and within the next FOTA meeting scheduled for Wednesday 6 May and until this point it would be inappropriate to comment further."

World champions Ferrari, meanwhile, refused to make any comments about the new rules.

"With regards to the press release put out by the FIA on the day after the WMSC meeting, at the moment, Ferrari does not intend to make any comment on the matter," a statement from Ferrari said.

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