{"id":302,"date":"2009-02-04T04:40:26","date_gmt":"2009-02-04T00:40:26","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=302"},"modified":"2011-04-04T20:30:43","modified_gmt":"2011-04-05T03:30:43","slug":"f1-to-face-radical-cost-cuts-by-2010","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=302","title":{"rendered":"Automobile &#8211; F1 to face radical cost cuts by 2010"},"content":{"rendered":"<p>Formula One\u00e2\u20ac\u2122s rule-makers are poised to present its teams with a dramatic cost-cutting package for 2010 that goes much further than savings already agreed, as the crisis hitting the motor industry threatens more withdrawals from the sport.<\/p>\n<p>With Honda seeking a buyer for its team and other manufacturers suffering a collapse in sales, the Federation International de l\u00e2\u20ac\u2122automobile, F1\u00e2\u20ac\u2122s governing body, believes that the sport is in a race against time and only a radical reduction in costs can prevent more teams from pulling out.<\/p>\n<p>It wants the costs of competing to fall from upwards of&#8230;\u00c2\u00a0 <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/04afd204-f217-11dd-9678-0000779fd2ac.html\" target=\"_blank\">More info\u00c2\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Formula One\u00e2\u20ac\u2122s rule-makers are poised to present its teams with a dramatic cost-cutting package for 2010 that goes much further than savings already agreed, as the crisis hitting the motor industry threatens more withdrawals from the sport. With Honda seeking a buyer for its team and other manufacturers suffering a collapse in sales, the Federation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,21],"tags":[],"class_list":["post-302","post","type-post","status-publish","format-standard","hentry","category-automobile","category-formula-1-indy-cars"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=302"}],"version-history":[{"count":6,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/302\/revisions"}],"predecessor-version":[{"id":47380,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/302\/revisions\/47380"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=302"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}