Team reactions please Mosley
FIA president Max Mosley was "surprised" and "pleased" with what he called the constructive outcome of a meeting between the FIA and Formula 1's team principals to agree on regulations designed to revolutionise the sport
The regulations, most of which are expected to come into effect in 2006, have been designed to reduce costs and increase the spectacle of F1.
"I think we will see a new engine formula in 2006," said Mosley. "The manufacturers have proposed to reduce costs by 50 percent. One of them told me that they were spending one billion Euros per year for 14 cars on the grid. That is not sustainable by any calculation.
"There is complete agreement to go for the least expensive solutions."
Team bosses met the proposals with a unanimously positive reply. "One of the best meetings of recent years," was how Renault F1 team principal Flavio Britore described it.
BAR's David Richards commented: "There were a lot of very sensible proposals put forward. And hopefully a timetable that will see us have a strong future."
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