Mosley calls cost-cuts meeting

FIA president Max Mosley has stepped in to try and resolve the difference of opinions between teams about how to cut costs in Formula 1 by calling a meeting next month to discuss a plan of action

Mosley calls cost-cuts meeting

Mosley, who has long campaigned for action to be taken about cutting costs in F1, will meet with team bosses on January 28 to try and find a unified way forward to help prevent trouble further down the road.

The FIA has not been involved in recent discussions to cut costs in the sport - with nine of the sport's 10 teams agreeing to reduce testing by around half and make moves towards a control tyre from the start of 2006.

The problem with that agreement has, however, been that Ferrari has rejected those plans - fearing that as Bridgestone's only front-running team its competitiveness would be compromised by a dramatic reduction in testing.

Only last week autosport.com also revealed that Honda was against a dramatic reduction of testing down to 24 days during the season.

With splits beginning to appear between the teams about a unified way forward, Mosley will attempt to ram home the message that action needs to be taken.

Speaking to The Daily Telegraph, Mosley said: "If we do not do something this year, we will have the same crisis in 2006 and we won't get 10 entries [on the grid]. This sport desperately needs new blood. We need to attract new teams. We have attended to safety as much as we can for next year. Now we must urgently look at costs.

"This business could be profitable, with teams queuing up to take part. Yet what we have is millions spent on silly things that people in the grandstands neither see nor care about. Why do teams need 100 people working on electronics? It takes 1,000 people to put two cars on the grid. If anyone thinks that does not need sorting out they don't know what they are talking about."

The teams themselves have already scheduled a meeting in early January to try and agree their own way forwards - although this may now be delayed to coincide with Mosley's gathering.

shares
comments
New calendar poses problems

Previous article

New calendar poses problems

Next article

Mosley Predicts Another Schumacher Title in 2005

Mosley Predicts Another Schumacher Title in 2005
Load comments
How F1’s other champion to emerge from 1991 thrived at Lotus Plus

How F1’s other champion to emerge from 1991 thrived at Lotus

Mika Hakkinen became Michael Schumacher’s biggest rival in Formula 1 in the late-90s and early 2000s, having also made his F1 debut in 1991. But as MARK GALLAGHER recalls, while Schumacher wowed the world with a car that was eminently capable, Hakkinen was fighting to make his mark with a famous team in terminal decline

The forgotten F1 comeback that began Jordan’s odyssey  Plus

The forgotten F1 comeback that began Jordan’s odyssey 

Before Michael Schumacher – or anyone else – had driven the 191 (or 911 as it was initially called), Eddie Jordan turned to a fellow Irishman to test his new Formula 1 car. JOHN WATSON, a grand prix winner for Penske and McLaren, recalls his role in the birth of a legend…

Formula 1
Sep 20, 2021
The squandered potential of a 70s F1 underdog Plus

The squandered potential of a 70s F1 underdog

A podium finisher in its first outing but then never again, the BRM P201 was a classic case of an opportunity squandered by disorganisation and complacency, says STUART CODLING

Formula 1
Sep 18, 2021
The other notable Monza escape that F1 should learn from Plus

The other notable Monza escape that F1 should learn from

OPINION: The headlines were dominated by the Italian Grand Prix crash between Max Verstappen and Lewis Hamilton, who had the halo to thank for avoiding potentially serious injury. But two days earlier, Formula 1 had a lucky escape with a Monza pitlane incident that could also have had grave consequences

Formula 1
Sep 17, 2021
How Monza only added more questions to F1's sprint race conundrum Plus

How Monza only added more questions to F1's sprint race conundrum

With two sprint races under its belt, Formula 1 must now consider its options for them going forward. While they've helped deliver exciting racing on Sundays, the sprints themselves have been somewhat lacking - creating yet another conundrum for F1 to solve...

Formula 1
Sep 16, 2021
Who should Alfa Romeo sign for 2022's F1 season? Plus

Who should Alfa Romeo sign for 2022's F1 season?

OPINION: With Valtteri Bottas already signed up for 2022, all eyes are on the race for the second seat at Alfa Romeo next year. Antonio Giovinazzi is the current incumbent, but faces a tough competition from appealing short and long-term prospects

Formula 1
Sep 15, 2021
The "forced break" that was key to Ricciardo's Monza excellence Plus

The "forced break" that was key to Ricciardo's Monza excellence

OPINION: Daniel Ricciardo has long been considered one of Formula 1’s elite drivers. But his struggles at McLaren since switching from Renault for 2021 have been painful to watch at times. Yet he’s recovered to banish those memories with a famous Monza win – built on a critically important foundation

Formula 1
Sep 14, 2021
How Verstappen is ruining his F1 title battle with Hamilton Plus

How Verstappen is ruining his F1 title battle with Hamilton

OPINION: The Italian GP clash between Lewis Hamilton and Max Verstappen followed a running theme in the 2021 Formula 1 title fight. Their close-quarters battles have often resulted in contact - and although Hamilton has shown a willingness to back off, Verstappen must learn to temper his aggression

Formula 1
Sep 14, 2021