Motor racing-Ferrari president satisfied with cost cut meeting

Newswire

TURIN, Italy, Oct 22 (Reuters) - Ferrari president Luca di Montezemolo has said he was pleased by a meeting with Formula One's governing body on future cost-cutting measures.

Montezemolo, who is also Formula One Teams Association (FOTA) president, met International Automobile Federation (FIA) boss Max Mosley and Toyota's John Howett in Geneva on Tuesday.

"Finally we will have an economical ...

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