GP2 introduces cost-cutting measurements
The organisers of the GP2 series have followed in the footsteps of Formula One as they have installed several measurements to reduce costs. The teams are no longer allowed to test during the season, the GP2 outfits will be restricted in how many staff they can bring to races and a reduction in the cost of parts has been agreed with supplier Dallara, who makes the GP2 cars.
GP2 boss Bruno Michel said: "We cannot ignore the world's financial crisis that affects us all. We need to make sure we can go through the present delicate time by finding solutions both in the technical and sporting areas.
"We are trying to find the right level to keep the series as successful as ever. We have been looking at all the areas of our business and we have come up with the different steps that we will implement as of now.
"We are confident that our plan will help everyone go through the difficult period we are in and will have a very significant economic impact on the teams already in 2009."