{"id":20796,"date":"2014-01-24T06:59:39","date_gmt":"2014-01-24T11:59:39","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=20796"},"modified":"2014-01-24T06:59:39","modified_gmt":"2014-01-24T11:59:39","slug":"fia-no-longer-mentioning-cost-cap","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/fia-no-longer-mentioning-cost-cap\/","title":{"rendered":"FIA no longer mentioning &#8216;cost cap&#8217;"},"content":{"rendered":"<p>F1&#8217;s governing body has toned down its rhetoric on cost-cutting, having said in December it wanted to install a highly-controversial &#8220;global cost cap&#8221;.<\/p>\n<p>But on Thursday, after a meeting of the World Motor Sport Council in Geneva, the FIA said only that the adoption of &#8220;cost reduction and cost control regulations&#8221; has been agreed, following a meeting involving Bernie Ecclestone and the F1 teams.<\/p>\n<p>The FIA said the cost control regulations will be installed in 2015.<\/p>\n<p>The full statement can be read at <a href=\"http:\/\/www.fia.com\/world-motor-sport-council-2014-geneva\" target=\"_blank\">FIA Site<\/a>.<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>F1&#8217;s governing body has toned down its rhetoric on cost-cutting, having said in December it wanted to install a highly-controversial &#8220;global cost cap&#8221;. But on Thursday, after a meeting of the World Motor Sport Council in Geneva, the FIA said only that the adoption of &#8220;cost reduction and cost control regulations&#8221; has been agreed, following &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[59,5262,5300,5340,464],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/20796"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=20796"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/20796\/revisions"}],"predecessor-version":[{"id":20797,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/20796\/revisions\/20797"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=20796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=20796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=20796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}