Word: seasons
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Toward the end of last season, Mosley and the teams finally compromised on something called a Resource Restriction Agreement that takes effect this season. It isn't a cap, but it clamps down on runaway costs like wind tunnels and in-season testing. The big teams can still outspend their smaller rivals on, say, computer simulations, but just about everything in F1 is downsizing. It's now possible to field a respectable team, if not a winning one, for $100 million a season. New FIA president, former Ferrari manager Jean Todt, has pledged to bring costs down further...
This year's season may open next week, but it won't reach Europe until mid-May, passing first through Bahrain, Melbourne, Kuala Lumpur and Shanghai. Only eight of this season's 19 races are in Europe, and the proportion will likely continue to shrink. England's legendary Silverstone track almost lost its spot on the schedule altogether. France no longer has a race...
...stirs the drink. Ecclestone alone makes the big TV, sponsorship and track deals that keep F1's cash gushing. He rests his legacy on the numbers, and they are indeed impressive, not least his own. Forbes latest tally puts his personal fortune at $3.7 billion. Ecclestone turns 80 this season, but he isn't going anywhere. "I do what I do and I'll keep doing it as long as I can deliver," he says. "When I can't, I'll hang it up." (See pictures from the Detroit motor show...
...costs by 30%, drivers have to use the same engine for three, rather than two, consecutive events and are limited to eight engines per season. Engine limits reduced from 19,000 r.p.m. to 18,000 r.p.m. In-season testing banned...
Cornell has the opportunity to close the series Saturday night and move to the ECAC semifinals with a second win over the Crimson. The Big Red is now 3-0 against Harvard this season, winning 6-3 and 3-0 in November and February respectively in addition to the victory Friday night...