News Details
Carey: We need rule changes to attract new teams
Formula 1 CEO Chase Carey has insisted that the proposed changes to the sport's power unit regulations for 2021 are designed to attract new teams. Many existing teams have expressed their displeasure with the rules proposed by F1's new owners Liberty Media. Ferrari have threatened to veto the changes - or even quit the sport entirely. But Carey said they were vital to bringing in new blood, along with plans to introduce spending caps. “I think the most important thing we can do is make the business model for owning a team much better,” he said. He explained that the matter of spiralling costs came up all the time in his talks with prospective teams. "They’ll end up saying today...
Full Story »
Full Story »
You May Also Be Interested In...
Carey: 2021 proposal needs to attract new teams
Formula 1 CEO Chase Carey has responded to the criticism received...
8y ago from PlanetF1.com
Carey turns to Fox colleague for TV boost
Chase Carey has looked to a former colleague at Fox as he seeks to...
8y ago from Pitpass.com
F1's 3-engine rule ‘sucks'
F1 News Formula1blog.com Podcast #550- Brazilian GP Review Villeneuve:...
8y ago from Formula1Blog.com
Hamilton says three engines per season rule...
World champion Lewis Hamilton believes Formula 1's move to a three engines...
8y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
2h ago from Motorsport.com
Pirelli outlines 2026 MotoGP test plans ahead of 2027...
Pirelli has officially outlined when it plans to test its new MotoGP...
6h ago from MotorsportWeek.c...
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
1d ago from MotorsportWeek.c...
This is what the 2027 Honda MotoGP bike will be called
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar boss Doug Boles explains new officiating system
No description available...
17h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
23h ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1d ago from Motorsport.com
Simpson hoping Sunoco partnership grows into...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai to run a WRC2 spec machine in 2027?
Hyundai has said it is considering a brand new WRC2 car for the 2027...
2h ago from MotorsportWeek.c...
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
2h ago from MotorsportWeek.c...
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
4h ago from Motorsport.com
Popular On GunnersToday.com
Ian Wright says he would 'take' this disrespected Man...
Arsenal legend Ian Wright has slammed the way Manchester United handled...
2h ago from CaughtOffside.com
'I actually think is a better player than Gyokeres' -...
Liverpool legend Jamie Carragher has boldly claimed that Gabriel Jesus is...
2h ago from SportsKeeda.com
Episode 858 – Girding our loins
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
3h ago from Arseblog.com
Comments
Hottest News
How much prize money will each F1 team receive from 2025?
As F1 prepares to head into a new era, Liberty... Read More »
4h ago from MotorsportWeek.com
Why Yuki Tsunoda thinks he joined Red Bull at the worst time
Yuki Tsunoda has said that Red Bull "having... Read More »
1h ago from MotorsportWeek.com
Montoya ‘guarantees’ Piastri is exploring options...
Former McLaren driver Juan Pablo Montoya has... Read More »
2h ago from F1i.com
