Hot News
for your iPhone
for your iPad
Go to our forums to discuss this news
DATE News (chronologically)
Stewart slams Mosley's budget cap plans
Sir Jackie Stewart, who hates Max Mosley (and the feeling is mutual we're sure) has slammed the FIA President's efforts to set a budget cap for Formula One teams.

Many of the car manufacturers involved in the sport have threatened to quit at the end of this season over the issue, and their plight has found support in one of F1's most famous names.

69-year-old Stewart, who won three world championships and in the 90s ran his own team, said the FIA should leave the teams to determine the size of their budgets.

"These are private enterprise companies that are run to make profit by building cars," the Scot told the Daily Express tabloid.

"The FIA simply take money, they don't make money without the teams and yet they want to tell BMW, Ferrari, Renault, Toyota, Mercedes - these huge successful companies - how much they can afford in F1," added Stewart.

Stewart, still involved in F1 as a sponsor ambassador working closely with Williams, also dismissed fears the controversial stand-off could lead to the decimation of the sport as we know it.

"Formula one is not under threat from the teams," he insisted. "The sport is huge and it will continue no matter what. It doesn't need being told what to do."

Hot News Archives
2000 2001 2002 2003

Search Hot News
Search Help
AutoRacing1 Inc. BBB Business Review