

Interested to note that overnight Ron Dennis has made some comments which show that the top teams are shifting their view of the severity of the situation in F1 and the need for drastic action. Up to now they have been very resistant to the idea of talking percentages or numbers in terms of how much budgets might be brought down. But last night Ron said, “I think the top teams will manage to reduce their costs from between 10 and 50 per cent. But for the smaller teams it will be more dramatic, to the order of 30 to More…