Posted on February 9, 2014

The priority for Formula 1 this year is to get costs under control and there are signs that the first steps towards achieving that may be within reach. It was announced by the FIA at Christmas time that a budget cap would be brought in for 2015 and behind the scenes in recent weeks there have been extensive discussions which have proved more fruitful than in the past. The main stakeholders are all engaged: the teams, the FIA and the commercial rights holder. F1 almost tore itself apart in 2009 when then FIA president Max Mosley tried for force a More…

Posted on August 23, 2012

The Summer break has dragged on, with all F1 factories shut down for two weeks since the last Grand Prix. But that does not mean that nothing has been happening. Behind the scenes F1 is moving forward on several fronts, at the same time as keeping an eye on the prosecutor’s office in Munich for any signs of a follow up to the conviction of Gerhard Grobkowsky, who said he had accepted a “bribe” from F1 commercial boss Bernie Ecclestone. The teams are closing in on a deal to secure their involvement for the medium term, the next 8 years. More…

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