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THE WIRE.(NEWS)(race-car constructor planning to enter Formula One)(Brief article)
Race-car constructor Lola says it is assessing the viability of entering Formula One, in light of the FIA's proposed "budget cap slated to go into effect next year. Lola claims it is talking to a number of parties to create a Lola-designed, manufactured and developed car, subject to the final 2010 technical and "budget cap regulations. Lola previously developed F1 cars during the 1960s, "70s, "80s and "90s and has built championship-winning cars for CART and other open-wheel and sports-car series.
Prodrive, meanwhile, also thinks the budget cap will allow it to enter. The diversified motorsports company secured a place on the F1 grid for 2008 before it decided not to proceed because of controversy over its plans to use a McLaren "customer car. Prodrive boss David Richards echoed Lola's plan to move ...
- FIA claims budget cap would have saved BMW
- News wire article from: AP Online July 29, 2009 700+ words
...on Wednesday to restate its case for a budget cap despite it being dropped when the Formula...for a 40 million pound ($66 million) budget cap would secure the sport's future. Instead...season. "Had these regulations (the budget cap) not been so strongly opposed by a number...
- FIA said budget cap would have saved BMW
- News wire article from: AP Online July 29, 2009 700+ words
...on Wednesday to restate its case for a budget cap despite it being dropped when the Formula...had hoped his plan for a $66 million budget cap would secure the sport's future. Instead...season. "Had these regulations (the budget cap) not been so strongly opposed by a number...
- Budget cap row talks stall.(Sports)
- Newspaper article from: The Sunday Independent (South Africa) May 24, 2009 700+ words
...agreement on Friday on plans to cut costs and revise plans for a budget cap next year. The teams convened on Renault boss Flavio Briatore...strategy for cost-cutting and believes his proposal for a budget cap of [pounds sterling]40-million (about R522,8-million...
- Ferrari lose budget cap appeal.
- News wire article from: Aljazeera.net May 20, 2009 700+ words
...dismissed Ferrari's bid to stop Formula One instituting a budget cap next season. Ferrari sought a court injunction against governing...but failed to resolve the dispute. Teams that accept the budget cap will be allowed to make more technical changes to their cars...
- PATERSON COUNCIL RAISES BUDGET CAP
- Newspaper article from: The Record (Bergen County, NJ) MICHAEL CASEY, Staff Writer December 21, 1994 700+ words
...Bergen County, NJ) 12-21-1994 PATERSON COUNCIL RAISES BUDGET CAP By MICHAEL CASEY, Staff Writer Date: 12-21-1994, Wednesday...PATERSON -- The City Council voted Tuesday to increase the budget cap, giving Mayor William J. Pascrell Jr.'s administration...
- Mercedes' plan to end budget cap row.(Sports)
- Newspaper article from: The Star (South Africa) May 29, 2009 700+ words
...come up with a compromise which could end in the Formula One budget cap row between the teams and the governing body FIA, British...Norbert Haug had suggested a two-stage plan to reach the budget cap of around $63-million (about R600-million). The teams...
- F1 set for more budget cap talks; FORMULA ONE.
- Newspaper article from: Daily Post (Liverpool, England) May 23, 2009 700+ words
...deadlock has yet to be broken on the issue of a "glide-path" budget cap. Mosley at least offered a positive outlook by conceding...start/finish straight. The suggestion is a glide-path budget cap could be introduced to arrive at the pounds 40m figure by...
- BUDGET CAP WORRIES LAKELAND TRUSTEES
- Newspaper article from: The Record (Bergen County, NJ) JAN BARRY, Staff Writer February 8, 1996 700+ words
JAN BARRY, Staff Writer The Record (Bergen County, NJ) 02-08-1996 BUDGET CAP WORRIES LAKELAND TRUSTEES -- VOTERS MAY BE ASKED TO OK $500,000 BOND By JAN BARRY, Staff Writer Date: 02-08-1996, Thursday...
Source: HighBeam Research, THE WIRE.(NEWS)(race-car constructor planning to enter Formula...