04 May 2015

Team says Mosley's budget cap 'good idea'

Share your Subscriber Article

You have 5 articles to share every month. Send this story to a friend!

Loading, please wait...

<b>MAX MOSLEY - BACKING FROM SAUBER:</b> Ex-International Automobile Federation president Max Mosley is still pushing for a budget cap for Formula 1. <i>Image: International Automobile Federation</i>

LONDON, England - Sauber has backed ex-International Automobile Federation president Max Mosley's renewed call for a budget cap for Formula 1 racing.

Ahead of the Strategy Group's crunch meeting scheduled for May 14 about the future, Mosley told Germany's Auto Motor and Sport magazine that teams should revisit the idea of limiting budgets to $100-million (about R1-billion) a year.

WHY BE RELUCTANT?

Read this for free

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

Already a subscriber? Sign in

description

username

Show Comments ()