Connect with us

Uncategorized

Force India: RRA must have for Formula 1

Published

on

Force India team principal Vijay Mallya says an agreed RRA (Resource Restriction Agreement) is fundamental for Formula 1’s future financial safety.

Formula 1 team talking sustained over the weekend to agree on cost-cutting measures with the FIA, with the sport presently going through a period of discussion aimed at keeping finances in check.

“I think that the RRA is something that everybody agrees to, in principal,” Mallya said in an interview on the official F1 website.

“The concept of the RRA is a must-have if F1 is to survive in the long term.

“Even when FOTA was together – and active – all the teams agreed with the concept of resource restriction,” added the Indian billionaire. “In fact I would go one step further and say that the RRA was one of the reasons why FOTA was created.

“And then one by one, teams went in their own directions so we never had the chance to agree.”


All material and photos are copyrighted material and owned by their respective owners. Use or depiction of images or trademarks throughout this website is for illustrative and editorial purposes only.Images come courtesy of; ferrari.com, mclaren.com, Sahara forceindiaf1.com, redbull.com, mercedesgp.com, Caterham F1, toyota, Sauber, williamsf1, lotus, Marussia, HRT, getty Images,LAT, Reuters Pictures and AP Photos.


http://www.formula1onlive.com/feeds/posts/default?alt=rss
Comments

Latest Results




Latest F1 News

2018 F12 days ago

Can Red Bull Challenge Mercedes And Ferrari?

23SharesSo, things didn’t exactly go to plan for Lewis Hamilton and Mercedes at Silverstone as the Brit made a disastrous...

2018 F13 days ago

Liberty working on securing future of British GP – Brawn

5SharesRoss Brawn says Liberty Media is working on securing the future of the British grand prix. Silverstone owner the BRDC...

2018 F13 days ago

Grosjean form ‘unacceptable’ – Haas F1

1ShareGunther Steiner says a “critical moment” could come amid his patience with struggling Haas driver Romain Grosjean. Frenchman Grosjean has...

2018 F13 days ago

No ‘negotiations’ with Raikkonen yet – McLaren

34Shares Zak Brown says McLaren has not yet opened contract talks with former team driver Kimi Raikkonen. It is rumoured in...

2018 F13 days ago

Wolff wants Hamilton beyond 2020

638SharesToto Wolff has revealed he wants to keep Lewis Hamilton at Mercedes even beyond 2020. Although not yet announced, it...

2018 F13 days ago

Renault engine power deficit a bigger problem – Verstappen

5SharesMax Verstappen says Red Bull’s title chances have taken a dive. Although the Dutchman won in Austria, he says at...

2018 F15 days ago

Ricciardo admits 2019 Red Bull contract ‘likely’

1ShareDaniel Ricciardo now says it is “likely” he will stay at Red Bull in 2019. Earlier, the Red Bull driver...

2018 F15 days ago

Alonso no fan of proposed expand points system

44SharesFernando Alonso says he is not sure changing the points system is a good move for F1. Over the British...

2018 F15 days ago

Renault felt like F2 engine – Verstappen

105SharesMax Verstappen says he feels as though he has been relegated to Formula 2. In the Honda era, Fernando Alonso...

2018 F16 days ago

Rosberg reveals what difference at Ferrari engine

1Share2016 F1 world champion Nico Rosberg says the engine is what is making the difference at Ferrari this year. The...




Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media