MOTOR RACING
JANUARY 26 2009 19:14h
Text
Organisers said in a statement on Monday that plans submitted to the teams would limit the number of personnel at races.
Organisers said in a statement on Monday that plans submitted to the teams would limit the number of personnel at races, ban official testing during the season and reduce the cost of certain parts.
"We cannot ignore the world's financial crisis that affects us all," said series organiser Bruno Michel. "We need to make sure we can go through the present delicate time by finding solutions both in the technical and sporting areas.
The Renault-powered series acts as a feeder to Formula One, producing a quarter of last year's starting grid. Williams' Nico Rosberg won the GP2 title in 2005, Hamilton in 2006 and Toyota's Timo Glock in 2007.
While the series acts as a support event at grands prix, it faces a new rival this year in the revived Formula Two category backed by the governing International Automobile Federation.
The FIA said last June that it wanted Formula Two to be a low-cost "platform to develop emerging driver talent for Formula One" and hoped teams could compete in that series for less than 250,000 euros ($328,600) per car per season, far less than GP2.
Comment
Rangers avoid arbitration, sign Napoli


The Giants Won Super Bowl XLVI
Super Bowl fans gather in downtown Indianapolis
Kansas Jayhawks vs Missouri Tigers
NFL Fans Visit in Downtown Indianapolis for the Su
Pujols 5 restaurant forced to change names
New York Giants head coach Tom Coughlin holds a pr
New York Knicks vs. Detroit Pistons
Golden State Warriors vs Oklahoma City Thunder in
Pacers West dunks on Bulls Noah in Chicago
Golden State Warriors vs Portland Trailblazers in
Osama bin Laden is deadPresident Obama announced that Osama bin Laden has been killed on May 1st 2011.
President Obama speaks of bin Laden's death
Islamisation Or Europe: Reality Or Fantasy?
Stuck On Roller Coaster For 3 Hours



NEWS
NEWS
NEWS