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Tag Archive: Jean Todt
Jean Todt has slammed as “a joke” the initial cost-saving proposals put forward by formula one teams.
The powerful ‘Strategy Group’ teams vetoed the FIA president’s plans for mandatory budget caps beginning next year, instead arguing that costs can be alternatively reduced through the sporting and technical regulations.
Dietrich Mateschitz, Red Bull’s low profile team owner, has renewed his attack on the new face of formula one
Mateschitz renews attack on ‘new’ F1
The Austrian billionaire has already been highly critical of the sport’s radical new rules for 2014, featuring turbo V6 engines and restrictions on the use of fuel. Now, he has told Salzburger Nachrichten newspaper: “We have a plethora of regulations, restrictions, rules, penalties.
Jean Todt insists his hands are tied after F1′s most powerful teams vetoed the move to a budget cap for 2015.
It has been suggested former FIA president Max Mosley, whose antagonistic approach stands in stark contrast to the low-profile Frenchman Todt, would have found a way to force the teams to embrace the cost-cutting crisis.