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FIA to drop budget cap rule altogether?

Indexed: Thu Jul 03, 2008 @ 07:45:18PM 6 months 5 days ago
Jul.3 It is now not clear if annual budget caps will be introduced in formula one at all. F1's governing body wanted to use the measure to slash teams' spiralling spending habits, but an FIA document seen on Thursday said it is for the teams to decide how to reduce costs.
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Source: F1Complete.com - http://www.f1complete.com/content/view/9146/900/
Tags (beta): teams, budget, fia, spending, slash, reduce, costs, decide, thursday, seen
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