News Details
Liberty proposes $150m budget cap
Following days, weeks, months of speculation, this morning F1's owners, Liberty Media, laid out its blueprint for the future of the sport. Rather than being a meeting, representatives of all ten teams were present as Liberty offered its proposals, the presentation lasting around 75 minutes. At the end of the presentation, the team representatives were each handed a sheet of document which contained further details of the proposals. It's understood that Liberty is intending a $150m budget cap but this would not include driver salaries or key executives or marketing budget. The budget cap would be introduced in two stages for the benefit of the bigger teams which would clearly have to...
Full Story »
Full Story »
7y ago from Pitpass.com
0
You May Also Be Interested In...
Hamilton waiting on Liberty proposals
Lewis Hamilton has ruled out any decision on his own future until Liberty...
7y ago from Pitpass.com
F1 Paddock Notebook - Bahrain GP Thursday
Ahead of what looks set to be an important weekend for Formula 1’s...
7y ago from Crash.net
Formula 1 reveals updated 2021 proposals
Formula 1 chiefs have revealed further proposals for the championship...
7y ago from MotorsportWeek.com
Kimi Raikkonen on 2021 rules: 'I doubt that I’ll be...
Kimi Raikkonen says he's 'not interested' in Liberty Media's...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez has been struggling in MotoGP this...
No description available...
9h ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
1d ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1d ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
5d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
6d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
5d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal's injury crisis gives Arteta selection...
Two games, two defeats, two trophies slip out of Arsenal's grasp. If they...
7m ago from SkySports.com
William Gallas tells Arteta to replace 2 Arsenal...
William Gallas has urged Arsenal to change their playing style to get the...
3h ago from SportsKeeda.com
Are Arsenal going to bottle it? The next four games...
Arsenal have a crucial four games coming up, ever since I made it clear...
6h ago from CaughtOffside.com
Formal offer expected: Arsenal favourites over Bayern...
Arsenal are reportedly expected to make a formal offer for the transfer of...
8h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton answers F1 fan prayers as Kim Kardashian...
Lewis Hamilton has finally answered the prayers... Read More »
1h ago from GPFans.com
Daniel Ricciardo opens up on F1 'hurt'
Daniel Ricciardo departed the F1 grid after the... Read More »
57m ago from RacingNews365.com
Honda address Aston Martin 'misunderstanding' after...
Honda Racing president Koji Watanabe has... Read More »
2h ago from RacingNews365.com
