30/04/2009
NEWS STORY
In reaction to the WMSC's proposals earlier today, McLaren boss Martin Whitmarsh has echoed the sentiments of fellow-F1 team boss Frank Williams.
"As a member of FOTA, Vodafone McLaren Mercedes is of course supportive of FOTA's recent efforts to reduce costs in Formula 1," said Whitmarsh. "Equally, we recognise the excellent work done recently by the FIA in the area of cost-reduction.
"Having said all that," he continued, "we understand that some teams' operational budgets may still be unnecessarily high in the challenging global economic situation in which we now find ourselves.
"Nonetheless, we believe that the optimal solution - which may or may not include a budget cap, but which ideally would not encompass a two-tier regulatory framework - is most likely to be arrived at via measured negotiation between all parties.
"We at Vodafone McLaren Mercedes are happy to contribute to that process as and when required."