From GMM
Costs in formula one must be further cut so that the sport's newly arrived teams do not fall at the first hurdle, Jean Todt said on Tuesday.
While announcing that he is pushing for KERS to return to the grid in 2011, the FIA president vowed to support new teams Virgin, Lotus and HRT.
"We must ensure the survival of those teams who have just entered the championship. That doesn't mean I'm thinking about a spending cap for each team. There are many ways to reduce costs," the Frenchman is quoted as saying by La Gazzetta dello Sport.
A report in El Universo newspaper said Todt is hoping the reintegration of KERS will make F1 "the ambassador of new technology" and entice sponsors to return.
He admitted that Ferrari is never likely to support budget caps but said "there is obviously great disparity" in the funding of the current teams. He also said drastic changes to the aerodynamic regulations must accompany the sport's new engine formula for 2013.
Spain's Diario Sport quotes Todt as saying: "These (current) rules give excessive prominence to aerodynamics and make overtaking too hard. Unless there are difficult weather conditions, then the car in front stays there throughout the race and this is mostly due to the aerodynamics."
The FIA president had been due to fly to Azkoitia in the Basque Country to inspect the Epsilon Euskadi's facilities after it expressed interest in racing next year. But local reports said strong winds at Madrid's Torrejon de Ardoz airport halted the flight, and the Frenchman's itinerary was too tight for a rescheduling.
However, Spain's Diario Sport newspaper insists that Todt already supports Epsilon Euskadi's F1 project for 2011, after many years of knowing its principal and F1 veteran Joan Villadelprat. "Todt knows very well that Epsilon has first class facilities," read the report.
The newspaper added that Jean Todt will attempt to inspect the facility at a later date.
"First of all I want to thank Mr Todt and Mr (Carlos) Gracia ... for their interest and their willingness to organise this visit and the efforts until the last minute that the meeting take place," said Joan Villadelprat.
"It was important to present the project to the president of the FIA, both as regards to the possibility of entering formula one and for other projects in the automotive field we are working on," he added.
Costs in formula one must be further cut so that the sport's newly arrived teams do not fall at the first hurdle, Jean Todt said on Tuesday.
While announcing that he is pushing for KERS to return to the grid in 2011, the FIA president vowed to support new teams Virgin, Lotus and HRT.
"We must ensure the survival of those teams who have just entered the championship. That doesn't mean I'm thinking about a spending cap for each team. There are many ways to reduce costs," the Frenchman is quoted as saying by La Gazzetta dello Sport.
A report in El Universo newspaper said Todt is hoping the reintegration of KERS will make F1 "the ambassador of new technology" and entice sponsors to return.
He admitted that Ferrari is never likely to support budget caps but said "there is obviously great disparity" in the funding of the current teams. He also said drastic changes to the aerodynamic regulations must accompany the sport's new engine formula for 2013.
Spain's Diario Sport quotes Todt as saying: "These (current) rules give excessive prominence to aerodynamics and make overtaking too hard. Unless there are difficult weather conditions, then the car in front stays there throughout the race and this is mostly due to the aerodynamics."
The FIA president had been due to fly to Azkoitia in the Basque Country to inspect the Epsilon Euskadi's facilities after it expressed interest in racing next year. But local reports said strong winds at Madrid's Torrejon de Ardoz airport halted the flight, and the Frenchman's itinerary was too tight for a rescheduling.
However, Spain's Diario Sport newspaper insists that Todt already supports Epsilon Euskadi's F1 project for 2011, after many years of knowing its principal and F1 veteran Joan Villadelprat. "Todt knows very well that Epsilon has first class facilities," read the report.
The newspaper added that Jean Todt will attempt to inspect the facility at a later date.
"First of all I want to thank Mr Todt and Mr (Carlos) Gracia ... for their interest and their willingness to organise this visit and the efforts until the last minute that the meeting take place," said Joan Villadelprat.
"It was important to present the project to the president of the FIA, both as regards to the possibility of entering formula one and for other projects in the automotive field we are working on," he added.