Volvo to Fire an Additional 4,000 Employees
21 Nov 2012, 14:06 UTC · By: Bogdan Popa / Swedish car manufacturer Volvo today announced that nearly 4,000 employees will leave the company by December 31, 2008, as part of Volvo's cost reduction program. Although the cost cutting reas...
Briatore Warns F1 Needs to Change
5 May 2010, 06:53 UTC · By: Ovidiu Panzariu / The thing about not being in Formula One anymore is that you get to speak out about the things that occur in the series day after day. And since we won't see much of Flavio Briatore in the upco...
Ferrari Wants Cost Reduction, Not Development Freeze in F1
21 Dec 2009, 09:11 UTC · By: Ovidiu Panzariu / Ferrari's Luca di Montezemolo recently told the media that it's nothing he wants more than reducing the costs of Formula One operations in the future, only this shouldn't be done on t...
Full FOTA Report after Geneva Meeting 2009
5 Mar 2009, 14:29 UTC · By: Ovidiu Panzariu / The Formula One Teams Association have revealed a complete statement concerning the changes in racing format, technical revisions and cost reduction that are to be forwarded to the FIA for immediate...