Cost-cutting deal ‘vital’ for F1′s future

Formula 1 teams must realise that getting a cost-cutting deal in place by the end of this month is 'vital' for the future of the sport, reckons Mercedes-Benz motorsport boss Norbert Haug. As AUTOSPORT revealed over the weekend, the FIA has given teams until July 24 to try and come up with much-needed sporting regulation changes for 2013 that will help keep expenditure in F1 down. Furthermore, the door remains open on implementing a way that the governing body can police a Resource Restriction Agreement.

Source: http://www.iracing.com/inracingnews/formula-one-news/f1-formula-one-news/cost-cutting-deal-vital-for-f1s-future

Matthew Roy Kenseth Alan Dennis Kulwicki Travis Wade Kvapil Robert Allen Labonte Terrence Lee Labonte