日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / Sports / Motor Racing Tools: Save | Print | E-mail | Most Read | Comment
Team bosses agree on cost cuts in bid to save F1
Adjust font size:

All Formula One's car manufacturers and current teams are prepared to commit to the sport until the end of 2012, Ferrari president Luca di Montezemolo said yesterday.

"All the teams and car manufacturers are prepared to commit to enter in the new Concorde Agreement until the end of 2012," he told the first news conference held by the new F1 teams' association.

Montezemolo, who chairs the organization and is also head of Italian carmaker FIAT, said the teams had agreed proposals that would halve the cost of competing in F1 by next year compared to 2008.

The measures, some yet to be fully approved by the governing FIA, included slashing the costs of engines and gearboxes and making some parts, such as the controversial new KERS energy recovery system, standard from 2010 while "preserving the sport's DNA." There would also be a further reduction in testing and personnel attending races.

F1 carmakers have been hard hit by the global credit crunch, with Honda already announcing in December that it was pulling out and concern about the commitment of Toyota and Renault. However, Montezemolo said the global financial crisis could also be a positive.

"The crisis represents a huge opportunity to improve Formula One, in terms of cost, competition and to really look ahead," he said, adding that the teams were now in legal discussions about signing up to a new version of the confidential Concorde Agreement which governs the commercial side of the sport.

(Agencies via Shanghai Daily March 6, 2009)

Tools: Save | Print | E-mail | Most Read

Comment
Pet Name
Anonymous
China Archives
Related >>
- Teams want firm say on F1 cost cuts
- McLaren likely to go with KERS
- Briatore snubs talks of quitting Formula One
- Honda's F1 future back in doubt as Slim not in it
Special Reports
James outclasses Wade in Cavs' win Cavs cruise into playoffs as Bucks wilt

More >>

Upcoming Events

March 2009

- All England Open Badminton Champions
- ISU World Cup Speed Skating Final
- IAAF World Indoor Track and Field Championships
- ISU World Short Track Speed Skating Championships
- World Figure Skating Championships
- Australia F1 Grand Prix
主站蜘蛛池模板: 光山县| 北辰区| 营口市| 新闻| 琼结县| 璧山县| 塘沽区| 东莞市| 永登县| 卢龙县| 苏尼特左旗| 舞钢市| 哈密市| 满城县| 西藏| 仲巴县| 锦屏县| 建湖县| 江陵县| 庆元县| 黑山县| 陆河县| 铁力市| 吴川市| 凉城县| 海南省| 皮山县| 孝义市| 綦江县| 思南县| 屏东县| 临西县| 大石桥市| 同心县| 龙井市| 西峡县| 绍兴县| 石泉县| 宜州市| 乌兰浩特市| 宿州市|