Williams CEO hails 'staggering' F1 meeting

Williams CEO Adam Parr has described yesterday's meeting between FIA president Max Mosley and the Formula One Teams' Association as "staggering."

Both parties reached agreement on the way forward for the sport in the wake of the current economic climate and Honda's sensational decision to withdraw last Friday.



The teams are due to impose significant cost-cutting measures from next season, while it is almost certain four teams have signed up to run a standardised engine from 2010.



There is also likely to be a reduction in testing, wind-tunnel time and a further clampdown on aerodynamics, all of which will be put forward by Mosley to the World Sport Council meeting tomorrow in Monte Carlo.



Parr, representing Williams for FOTA, said: "Yesterday was a massively significant day. You can't over-estimate it.



"Going in, there was a certain anticipation we would have a massive disagreement.



"At a certain point during the meeting it became clear both sides were going down dead-ends.



"But then the solution became apparent, and everyone just said 'Let's do it'.



"Max will now take a set of proposals that was discussed and agreed to the World Motor Sport Council."



The landmark discussion was driven by Mosley and FOTA president Luca di Montezemolo.



Parr, speaking at the Motor Sport Business Forum in Monte Carlo, added: "Honestly, it was quite a staggering meeting.



"It was very, very impressive, and hats off to both Luca and Max because they were both on it. It was a great day."

Have you tried new the Independent Digital Edition apps?
Caption competition
Caption competition
  • Get to the point
Latest stories from i100
Daily Quiz
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services

Day In a Page

Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before