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FIA President Max Mosley has asked the Formula One teams for proposals on how to cut the costs of competing in the sport by 50 percent. The proposals, which must be submitted within three months and have the support of the majority of teams, will help form revised regulations for the 2011 season. ?Formula One is becoming unsustainable,? said Mosley in a letter to the teams. ?The major manufacturers are currently employing up to 1000 people to put two cars on the grid...
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FIA President Max Mosley has asked the Formula One teams for proposals on how to cut the costs of competing in the sport by 50 percent. The proposals, which must be submitted within three months and have the support of the majority of teams, will help form revised regulations for the 2011 season. ?Formula One is becoming unsustainable,? said Mosley in a letter to the teams. ?The major manufacturers are currently employing up to 1000 people to put two cars on the grid...
More...