May 5 (GMM) Costs in formula one must be further cut so that the sport's newly arrived teams do not fall at the first hurdle, Jean Todt said on Tuesday.

While announcing that he is pushing for KERS to return to the grid in 2011, the FIA president vowed to support new teams Virgin, Lotus and HRT, on the same day he intended to visit the Spanish headquarters of hopeful entrant Epsilon Euskadi.

"We must ensure the survival of those teams who have just entered the championship," the Frenchman is quoted as saying by La Gazzetta dello Sport.

"That doesn't mean I'm thinking about a spending cap for each team. There are many ways to reduce costs," added Todt.

A report in El Universo newspaper said Todt is hoping the reintegration of KERS will make F1 "the ambassador of new technology" and entice sponsors to return.

He admitted that Ferrari is never likely to support budget caps but said "there is obviously great disparity" in the funding of the current teams.

He also said drastic changes to the aerodynamic regulations must accompany the sport's new engine formula for 2013.

Spain's Diario Sport quotes Todt as saying: "These (current) rules give excessive prominence to aerodynamics and make overtaking too hard.

"Unless there are difficult weather conditions, then the car in front stays there throughout the race and this is mostly due to the aerodynamics," said Todt.

Latest F1 News - Mobile version

26 Feb: New Ferrari not quickest in field - Domenicali 26 Feb: Red Bull still best in 2013 - Tost 26 Feb: 2014 French grand prix 'possible' - Prost 26 Feb: Danica Patrick 'not interested' in F1 switch 26 Feb: Report - Gilles Simon working on F1 engine for Honda 26 Feb: Gutierrez plays down link to Carlos Slim 26 Feb: Caterham exhaust 'legal' insists van der Garde 26 Feb: McLaren replaces Mercedes-bound Lowe 25 Feb: 'Engine maps' trouble for Red Bull, Lotus - report 25 Feb: Mercedes-bound Lowe to miss 2013 opener - report 25 Feb: Mercedes 'in group of teams' behind Red Bull - Lauda 25 Feb: Gutierrez expects Hulkenberg to beat him early in 2013 25 Feb: New Ferrari 'much better' than 2012 - Massa 25 Feb: Teams 'will adapt' to new tyre situation - Gutierrez 25 Feb: Tight rules make today's F1 cars 'the same' - Forghieri 25 Feb: Williams removes controversial exhaust trick 25 Feb: Contract 'conflicts' cause of Marussia test snub - Razia 25 Feb: Lotus to fight Red Bull for title - Gutierrez 25 Feb: Marussia 'ahead of Caterham' - Chilton 25 Feb: Sutil will not stay in F1 as test driver The latest F1 News - Mobile Version