Former McLaren team principal Martin Whitmarsh has been hired by the FIA, four years after he stepped down from his role with the Woking-based squad. Whitmarsh's duties will involve consultancy on effective cost-cutting measures for the future of Formula 1.
The 59-year-old was appointed as McLaren's boss in 2009, but was ousted at the end of 2013 as Ron Dennis returned to the forefront of the team. In 2014, he officially severed all times with McLaren and left to head the Land Rover BAR America's Cup team in 2015,
Following his step down from that position, he was then appointed to Formula E's Global Advisory Board, a committee led by F1 legend and FE team owner Alain Prost. In 2017, F1 CEO Chase Carey presented cost-cutting concepts to the teams on multiple occasions.
Speaking about the importance of slashing spending in F1, Carey said: "When today people on the outside look in, in some ways they look at the challenges of the sport - what the top teams are spending - and that's a deterrent.
"It ends up with realistically with about six cars competing at one level and the rest of the cars competing at another because of the spending differences and the engine differences and the like.
"We have to create a structure that makes it about how well you spend your money, not how much you spend," he added."I think that will create a better model for fans. A better model for existing partners. And a much more interesting proposition for potential new entrants."