Home NEWS by SERIES F1 F1 : Majority vote rule decision could impose a Formula 1 budget limiting cap in 2013
Your display of gratitude and support by making a donation through PayPal today is vital in enabling us to continue bringing this motor sport news service to you tomorrow.  Please show support  Your display of gratitude and support by making a donation through PayPal today is vital in enabling us to continue bringing this motor sport news service to you tomorrow.
Your contribution is VITAL
in allowing us to continue.


Amount: 

F1 : Majority vote rule decision could impose a Formula 1 budget limiting cap in 2013 E-mail
Thursday, 17 May 2012 08:38
It is possible Formula One teams will be limited to a budget cap in 2013, according to Germany's Auto Motor und Sport.

The budget cap idea saw the sport almost implode amid the bitter political war of 2009, when proposed by controversial former FIA president Max Mosley.

But it is back on the agenda in 2012, and according to new rules, where a majority of teams can now push through a change, it could be imposed next season.

"Ten of the 12 teams are in favour," Auto Motor und Sport said, referring to the push to have cost cutting moved from the FOTA gentleman's agreement to the actual sporting regulations.

It means that the two dissenting teams, the Red Bull owned Red Bull Racing and Toro Rosso, will have no say.

"The cost to be competitive in Formula One at present is too high," the boss of the energy drink company's premier team, Christian Horner, said recently. "I don't think anybody will dispute that.

"The debate is how we achieve it."

Not only that, the German report said nine teams are in favour of Mosley's old budget cap idea, with annual expenditure limited initially to EUR170 million and then diminishing to 100 million over a few seasons.

F1SA.com

If you found this service informative please be kind and leave a tip.
If You Like This Service Please Leave a Tip Here
If You Like This Service Please Leave a Tip Here

© F1SA.com

 
OVER 18 YEARS OF SERVICE TO ALL PASSIONATE F1 AND MOTOR SPORT SUPPORTERS
Informing those in the know who want to know even more
Dedicated to Rudolf Ray +++ 14 April 2002 to 7 September 2007 +++

fosa