News Details
Mercedes calls proposed $150m cost cap 'much too low'
Mercedes has responded to Liberty Media and the FIA's plans to implement a cost cap for the 2021 season and beyond as 'much too low' and 'not achievable' for the larger teams. Liberty presented a five-point plan for Formula 1's future to the teams in Bahrain on Friday. Among the proposals listed was a budget cap and although the exact amount hasn't been confirmed, it's rumoured to be around $150 million (£105m) – less than half of what some of the leading teams currently spend. Mercedes' chief Toto Wolff described the meeting as 'positive', but highlighted the budget cap as an area where the teams will need further discussions and will likely force a...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Formula 1 unveils blueprint for the future
Today during a meeting of the sport's stakeholders held at the Bahrain...
7y ago from GrandPrix247.com
Brawn: I am offended when accused of dumbing down F1
Ross Brawn has hit out at suggestions that Liberty Media are dumbing down...
7y ago from GrandPrix247.com
Mercedes announce new deal with Thomas Cook Sport
Mercedes AMG Petronas Motorsport have announced a deal with one of the...
7y ago from TheCheckeredFlag....
Ross Brawn 'offended' by Sergio Marchionne's comments...
Ross Brawn, Formula 1's managing director of motorsport feels...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin goes quickest in final US MotoGP practice
Jorge Martin topped the charts by two-tenths in the final US MotoGP...
54m ago from MotorsportWeek.c...
Fabio Di Giannantonio takes back-to-back MotoGP poles...
Fabio Di Giannantonio went fastest in a traffic-disrupted qualifying...
54m ago from MotorsportWeek.c...
Ducati debuts Aprilia-inspired MotoGP wing in Austin
No description available...
54m ago from Motorsport.com
MotoGP Americas GP: Fabio di Giannantonio beats Marco...
No description available...
2h ago from Motorsport.com
Popular On IndyCarToday.com
Nikita Johnson prevails after leaders collide late in...
No description available...
34m ago from Motorsport.com
Scott McLaughlin suffers heavy IndyCar practice crash,...
Saturday morning at Barber Motorsports Park held a second practice...
2h ago from MotorsportWeek.c...
Scott McLaughlin goes through the fence in scary...
No description available...
2h ago from Motorsport.com
Mick Schumacher opens up on his IndyCar reality check
No description available...
13h ago from Motorsport.com
Popular On TotalWRC.com
Subaru teases new rally car for Japanese Championship
No description available...
2d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
2d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
5d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Max Dowman needs to leave Arsenal as soon as...
talkSPORT pundit Adrian Durham has urged Arsenal youngster Max Dowman to...
3h ago from SportsKeeda.com
Arsenal prepare 35m offer for La Liga 'match-winner'...
Arsenal and Tottenham Hotspur are interested in signing the Moroccan...
9h ago from CaughtOffside.com
Liverpool prepare £70m offer as Arsenal & Man...
Liverpool, Arsenal and Manchester United are interested in signing Murillo...
8h ago from CaughtOffside.com
'Barça wouldn't be where they are if it weren't for...
Arsenal star David Raya has heaped special praise on Barcelona ace Joan...
10h ago from SportsKeeda.com
Comments
Hottest News
Fernando Alonso: The great challenges of Suzuka are gone,...
Fernando Alonso delivered a brutal verdict on... Read More »
1h ago from GrandPrix247.com
F1 fans furious after seeing footage of Verstappen and...
The new F1 regulations for 2026 have sparked... Read More »
3h ago from GPFans.com
Toto Wolff gets into awkward interview with Sky Sports F1...
Mercedes F1 boss Toto Wolff got himself all a... Read More »
1h ago from GPFans.com
