Mosley delighted after FIA reaches costs agreement with teamsmula
Posted by Frantic
From formula1.com
The FIA and the Formula One teams have reached agreement on cost cutting measures following a Monte Carlo meeting on Wednesday, which both parties described as the most successful any of the participants can remember.
Exact details will be released following Friday’s FIA World Motor Sport Council meeting, but the measures are said to meet all objectives put forward by the FIA for 2010. The teams have also put forward proposals for significant savings in 2009.
“I am delighted with the outcome of this meeting,” said FIA President Max Mosley after the meeting, with Formula One Teams Association (FOTA) counterpart Luca di Montezemolo adding, “The unity of the teams was fundamental to meeting the goals for a new Formula One, but with the same DNA, as requested by the FIA.”
The measures are expected to include a major cut in the current 30,000 km testing allowance and further limits on aerodynamic development and wind tunnel usage. An increased use of standard parts is another possibility.
It remains to be seen whether the teams have come up with an acceptable alternative to the FIA’s standard engine proposals, which interested parties must sign up for by Thursday afternoon.
Full statement from the FIA and FOTA:
FIA and FOTA have had the most successful meeting on Formula One matters which any of the participants can remember.
Agreement was reached on measures to meet all the objectives originally put forward by the FIA for 2010 and thereafter in addition to which FOTA have now made proposals for very significant cost saving in 2009 while maintaining Formula One at the pinnacle of motor sport and reinforcing its appeal.
These proposals will be put to the FIA World Motor Sport Council on Friday following which full details will be released.
FIA President Max Mosley said,
“I am delighted with the outcome of this meeting.”
FOTA President Luca di Montezemolo said,
“The unity of the teams was fundamental to meeting the goals for a new Formula One, but with the same DNA, as requested by the FIA.”
Well, quite good after all
let´s see what happens
The FIA and the Formula One teams have reached agreement on cost cutting measures following a Monte Carlo meeting on Wednesday, which both parties described as the most successful any of the participants can remember.
Exact details will be released following Friday’s FIA World Motor Sport Council meeting, but the measures are said to meet all objectives put forward by the FIA for 2010. The teams have also put forward proposals for significant savings in 2009.
“I am delighted with the outcome of this meeting,” said FIA President Max Mosley after the meeting, with Formula One Teams Association (FOTA) counterpart Luca di Montezemolo adding, “The unity of the teams was fundamental to meeting the goals for a new Formula One, but with the same DNA, as requested by the FIA.”
The measures are expected to include a major cut in the current 30,000 km testing allowance and further limits on aerodynamic development and wind tunnel usage. An increased use of standard parts is another possibility.
It remains to be seen whether the teams have come up with an acceptable alternative to the FIA’s standard engine proposals, which interested parties must sign up for by Thursday afternoon.
Full statement from the FIA and FOTA:
FIA and FOTA have had the most successful meeting on Formula One matters which any of the participants can remember.
Agreement was reached on measures to meet all the objectives originally put forward by the FIA for 2010 and thereafter in addition to which FOTA have now made proposals for very significant cost saving in 2009 while maintaining Formula One at the pinnacle of motor sport and reinforcing its appeal.
These proposals will be put to the FIA World Motor Sport Council on Friday following which full details will be released.
FIA President Max Mosley said,
“I am delighted with the outcome of this meeting.”
FOTA President Luca di Montezemolo said,
“The unity of the teams was fundamental to meeting the goals for a new Formula One, but with the same DNA, as requested by the FIA.”
Well, quite good after all
let´s see what happensit seems like they have quite a good approach, and are co-operating (at least publicly), so let's hope that continues!
X (@ed24f1)
X (@ed24f1)
Just goes to show that Max knows his shite....
"There are some pikeys there at Turn 10 putting tarmac down - what do you think of that?" - Martin Brundle
"There are some pikeys there at Turn 10 putting tarmac down - what do you think of that?" - Martin Brundle
Sorry, only registered users may post in this forum.