BMW Threaten to Quit F1 Over Budget Cap
6 May 2009, 07:20 UTC · By: Ovidiu Panzariu / BMW are the second manufacturer to issue a quit threat in Formula 1 these days, following FIA's new confirmed rules for 2010. After the international body set the benchmark for a potential two-...
Ecclestone Hits Back at Mosley for Ferrari Comments
4 May 2009, 09:42 UTC · By: Ovidiu Panzariu / A new episode of the Bernie Ecclestone vs. Max Mosley drama seems to have unfolded recently, following the latter's comments on F1's most faithful competitor, Ferrari. Talking to the Finan...
Mosley: Formula 1 Could Survive Without Ferrari!
3 May 2009, 11:03 UTC · By: Ovidiu Panzariu / FIA president Max Mosley made it very clear that the international body will not renounce their newly-confirmed budget cap for 2010 on the wishes of Formula One’s “big guns” Ferrar...
FIA Confirm Refueling, Tire Warmers Ban
30 Apr 2009, 13:20 UTC · By: Ovidiu Panzariu / The International Automobile Federation (FIA) have confirmed that refueling and tire blankets will be banned for the upcoming season. As argued by the international body in a complete statement earl...
Formula One Budget Caps Explained
30 Apr 2009, 12:26 UTC · By: Ovidiu Panzariu / Following the World Motor Sport Council meeting in Paris, on April 29, the international body has issued a complete statement confirming the introduction of a voluntary £40m budget cap, while ...
FIA Confirm £40m Budget Cap for 2010
30 Apr 2009, 11:04 UTC · By: Ovidiu Panzariu / From 2010, all teams will have the option to compete with cars built and operated within a stringent cost cap. The cost cap for 2010 will be £40m per annum. This figure will cover all tea...
Prodrive Confirm Plans for 2010 F1 Entry
23 Apr 2009, 13:24 UTC · By: Ovidiu Panzariu / We know there have been plenty of rumors regarding a potential Formula One entry for Prodrive, only this time it has been officially confirmed by the company's boss David Richards. The team tha...
Aston Martin to Make F1 Debut?
23 Apr 2009, 08:38 UTC · By: Ovidiu Panzariu / The cost-cutting policy introduced by the International Automobile Federation for the Formula 1 championship from 2010 onwards has certainly proved a success so far. Nothing is official, of course, ...
Hamilton Disappointed with New FIA Rules
20 Mar 2009, 14:39 UTC · By: Ovidiu Panzariu / Lewis Hamilton joined the pack of drivers that expressed their disappointment over the new rules introduced by the FIA for 2009. While the F1 teams are complaining – through the voice of the F...
Ferrari Resume Attack On FIA
20 Mar 2009, 10:02 UTC · By: Ovidiu Panzariu / Ferrari's Luca di Montezemolo resumed critics on the World Motor Sport Council's latest decisions to implement a new set of regulations – both sporting and budget-orientated – ...
Webber Slams Budget Caps, Thinks New Rules Are Pointless
19 Mar 2009, 15:11 UTC · By: Ovidiu Panzariu / Mark Webber said he is not very confident the voluntary budget caps – ratified by the World Motor Sport Council earlier this week – will likely it into the 2010 F1 regulations under its ...
Briatore Takes a Hit at FIA's Budget Cap
19 Mar 2009, 10:58 UTC · By: Ovidiu Panzariu / After Luca di Montezemolo, another representative of the Formula One Teams Association expressed his shock when hearing about the voluntary budget cap revealed by the World Motor Sport Council for 2...
Ecclestone Continues Fight with the FOTA
18 Mar 2009, 14:44 UTC · By: Ovidiu Panzariu / Although the Formula One Teams Association publicly criticized the FIA for not discussing the introduction of voluntary budget capping before ratifying it for the 2010 season, F1 boss Bernie Ecclest...
FOTA Slam Budget Cap Announced by the FIA
18 Mar 2009, 13:15 UTC · By: Ovidiu Panzariu / The latest changes regarding voluntary budget caps for Formula 1 teams, announced by the World Motor Sport Council on Tuesday, did not fit very well into Formula One Teams Association's plans f...
FIA Move to F1 Restructure - Official Statement
18 Mar 2009, 10:11 UTC · By: Ovidiu Panzariu / Following the World Motor Sport Council meeting in Paris yesterday, a few significant changes were announced regarding the future of Formula 1. The new rules, some of which are to become effective f...
FIA Introduce £30 Million Budget Cap for 2010
17 Mar 2009, 16:44 UTC · By: Ovidiu Panzariu / The World Motor Sport Council ratified the introduction of budget caps in Formula 1 starting 2010. Following their meeting on Tuesday, the International Automobile Federation has decided to take ano...
FIA to Bring Back Budget Cap Discussion
27 Feb 2009, 13:52 UTC · By: Ovidiu Panzariu / In an effort to further reduce costs inside Formula 1, the International Automobile Federation (FIA) is likely to reconsider its position on introducing budget capping. Although the idea of imposing...
Ecclestone & FOTA Save Williams from Bankruptcy
26 Jan 2009, 13:30 UTC · By: Ovidiu Panzariu / Frank Williams admitted that the latest cost-cutting plan introduced by the FIA – and backed by Formula One Teams Association (FOTA) – for Formula 1 had a life-saving effect for his team...
Ecclestone Slams Budget Caps
26 Jan 2009, 10:17 UTC · By: Ovidiu Panzariu / Bernie Ecclestone seems to make the most of every opportunity he gets to slam Max Mosley's proposals concerning the future of Formula 1. Following the FIA president's backing of the idea o...