You are here: Rediff Home » India » Sports » Formula One » Reuters > Report
Search: The Web
   Discuss   |      Email   |      Print | Get latest news on your desktop

Formula One teams and FIA agree cost cuts
Get Sports updates:What's this?
October 21, 2008 23:55 IST

Formula One teams and the sport's governing body said Tuesday that they had agreed "significant" cost savings for 2009 and 2010.

The International Automobile Federation (FIA) said in a joint statement with the Formula One Teams Association (FOTA) after a meeting in Geneva that the teams were "working urgently on further proposals for 2010 and thereafter."

No details of the measures agreed were immediately available.

© Copyright 2008 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
 Email  |    Print   |   Get latest news on your desktop

© 2008 India Limited. All Rights Reserved. Disclaimer | Feedback