Friday, July 6, 2012

FIA ‘has to make call’ on cost control

McLaren team principal Martin Whitmarsh believes the time has come for the FIA to make a call on whether or not it wants to get involved in the policing of cost control in Formula 1, as he warns of big consequences if spending is allowed to get out of control. Amid uncertainty about the status of cost cut plans in F1, after teams failed to reach a necessary agreement on regulation changes by the June 30 deadline, Whitmarsh thinks action needs to be taken on what is going to happen to the Resource Restriction Agreement going forwards

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/fia-has-to-make-call-on-cost-control

Sam Hanks Walt Hansgen Mike Harris Cuth Harrison

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