Friday, January 9, 2009

The teams will stick to cutting costs in Formula One

Requests from Max Mosley and Bernie Ecclestone have been successful. The Association of Formula One teams (FOTA) meeting in London, agreed a new package of measures to reduce the costs of the tournament.

One months ago and that the FIA adopted a series of measures to reduce the high costs in terms of aerodynamic testing, engine, chassis, activities in the factories of different equipment or investment in R & D However, still remained a reunion with FOTA to outline the ideas and shape because of the crisis affecting the entire planet.

Thus limiting aerodynamic tests in the wind tunnel which was reduced considerably from the start of the tournament so far has been agreed, so that such trials are reduced immediately. Something similar to what happens with the agreements reached on the cost of the gearboxes and the development of engines, which will apply from today.

FOTA, through a communique announced that at its meeting in London "and the teams have signed a detailed agreement for the restriction of aerodynamic testing, but the most striking is the development of transmission systems Low cost not evolve between 2010 and 2012 seasons, which will last six races and that will cost 1.5 million euros per season.

In its communique, the FOTA that will work on other technical aspects to which it is possible to reduce the budget, as well as possible changes in the rules of sports. In this respect, the association will seek ways to reduce the cost of components and systems that do not provide a substantial increase in performance cars.

FOTA has also shown its willingness to cooperate with any potential buyer of the Honda Racing team, retired from the competition by the world economic crisis and the change of name of this team.

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