Categorized | Formula 1 news

F1 Looks to Cut Expenses

Posted on 09 March 2009 by anthony

Just like everyone else, the Formula One team bosses are looking for ways to save money while gaining more fans.  A few of their ideas to do this include holding shorter races and introducing a new scoring system.  They also want to ban in-season testing, put a limit on updates, and use only affordable engines.  Teams may find their budgets cut in half for 2010, leaving them with little choice but to implement money-saving measures.  FIA Logo

Races may also be cut down to a max of an hour and 40 minutes in 2010, allowing them to more easily fit into television schedules.  More publicity events may also be scheduled, especially those that allow fans to meet the drivers.  So far, of course, all of these proposals are simply ideas—the FIA governing body will meet on March 17 to consider and possibly approve them.

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