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...
8h 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...
11h 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...
Popular On IndyCarToday.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
4h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
23h ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
7h ago from MotorsportWeek.c...
Hyundai to run a WRC2 spec machine in 2027?
Hyundai has said it is considering a brand new WRC2 car for the 2027...
7h ago from MotorsportWeek.c...
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: 'Havertz return delayed after injury...
No description available...
26m ago from SkySports.com
Report: Arsenal and Man United go head-to-head over 25...
Manchester United and Arsenal are interested in signing the Olympiacos...
2h ago from CaughtOffside.com
Arsenal plot swoop for 19-year-old after Xabi Alonso...
Arsenal are reportedly interested in signing the Real Madrid defender,...
5h ago from CaughtOffside.com
'I actually think is a better player than Gyokeres' -...
Liverpool legend Jamie Carragher has boldly claimed that Gabriel Jesus is...
8h ago from SportsKeeda.com
Comments
Hottest News
Charles Leclerc lets loose at Ferrari Christmas party
Ferrari F1 star Charles Leclerc has been pictured... Read More »
35m ago from GPFans.com
Verstappen’s heartfelt take on Hamilton: ‘I don’t...
Few rivalries have been as fierce or as defining... Read More »
5h ago from F1i.com
Cadillac pass FIA test ahead of 2026 entry
New F1 team Cadillac passed a key FIA test... Read More »
2h ago from GPFans.com
