FIA meet to discuss cost cuts and scoring system
Tuesday 17 March 2009
Formula One's governing body is due to present a further round of cost-cutting measures today and vote on whether to change the scoring system for this year's championship.
With the global credit crunch worsening, the International Automobile Federation (FIA) announced last month it was preparing to submit 'radical proposals' for 2010 to the world motor sport council meeting in Paris.
The governing body said the proposals aimed to enable an independent team to compete for a fraction of existing budgets and still field cars that can match those of the manufacturer teams.
While no details have been given, they are likely to involve more standardisation of parts and the possible imposition of a budget cap on top of significant steps already taken.
The teams, under the umbrella of the Formula One Teams' Association (FOTA), have also put forward their own cost-cutting proposals they say will halve the expense of competing next year compared to 2008.
They have also proposed changing the points system to a 12-9-7-5-4-3-2-1 format rather than the existing 10-8-6-5-4-3-2-1 to try and ensure the title goes to the driver with most race wins.
Radamel Falcao exclusive: Forward says joining Manchester United is a 'dream come true'
Arsenal are 'short of greatness' - so take a gamble in the transfer market, urges Terry Venables
Arsenal transfer news: Ray Parlour urges Arsene Wenger to make late move for Edinson Cavani
WWE Raw preview: Will John Cena continue to defy the threat of Brock Lesnar?
Petr Cech transfer latest: Chelsea goalkeeper posts cryptic tweet amid exit talk
- 1 Al Pacino on suffering from depression: 'It can last and it's terrifying'
- 2 Half of young women unable to ‘locate vagina’ and 65% find it difficult to say the word
- 3 Saudis risk new Muslim division with proposal to move Mohamed’s tomb
- 4 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
- 5 Mexican woman becomes world’s 'oldest person' at 127
Rotherham child sex abuse scandal: Labour Home Office to be probed over what Tony Blair's government knew - and when
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Ashya King: Parents of five-year-old boy refused permission to visit him in hospital and denied bail at Spanish court
With Douglas Carswell joining Ukip, my party has taken another giant step forward
When elitism grips the top of British society to this extent, there is only one answer: abolish private schools
Ukip Douglas Carswell defection: Tory MP jumps ship to join Nigel Farage