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FIA release statement on cost control

Indexed: Wed Oct 08, 2008 @ 09:45:12AM 1 month 2 weeks ago

Following a meeting in Paris on Tuesday, the World Motor Sport Council (WMSC) released the following statement: “The WMSC unanimously agreed to give the FIA President authority to negotiate with the Formula One Teams Association (FOTA) the introduction of radical measures to achieve a substantial reduction of costs in the championship from 2010.

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Source: Formula1.com - http://www.formula1.com/news/headlines/2008/10/8484.html
Tags (beta): following, fia, fota, teams, formula, introduction, radical, costs, championship, 2010

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