Formula One
25 November 2009

Formula One news

Montezemolo wants to reduce costs in F1

Montezemolo wants to reduce costs in F1

02 January 2007

Ferrari President Luca di Montezemolo wants to see if Formula One teams can reduce their budgets they work with. Teams such as Ferrari are rumoured to have spend over 250 million euro in 2006.

The FIA is talking about costs reduction for years already and as a result it has introduced the 'two races engine rule' in 2006. Now Ferrari preseident Luca di Montezemolo openly supports the idea to reduce the costs for teams in Formula 1. "Formula 1 must find a way to limit its costs," he told Corriere della Sera. "It is crucial for the sport to reduce the costs."


more news


Homepage



Test Schedule

01 Dec. Jerez
02 Dec. Jerez
03 Dec. Jerez
full overview

GPUpdate.net poll

Question:  Which new 2010 team will be quickest?
Poll results