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Why F1's cost-cutting proposals fall short

As Formula 1 bosses gear up for a crucial F1 Commission meeting on Wednesday, DIETER RENCKEN explains why the proposed cost-cutting ideas are simply not good enough

As this is written, just two weeks remain to Formula 1's June 30 regulatory deadline, after which rule changes for the following season require unanimous agreement within the 25-strong* Formula 1 Commission, rather than by 70 per cent majority before that date.

Thus, if F1 is to make any progress in 2015, the sport needs to get all its ducks in a row before Wednesday's F1 Commission meeting in London, ahead of the FIA's crucial World Motorsport Council session in Munich on June 26 - at which changes escalated to the WMSC by the Commission are either ratified and pass into law, or are rejected and returned for redrafting.

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