News Details
Plans to make F1 'more competitive' from 2021
Formula 1 faces a pivotal meeting on Tuesday as bosses present their plans to the teams for the future of the sport from 2021. Owners Liberty Media and governing body the FIA are to introduce a budget cap and restructure revenue distribution to try and make F1 more competitive. The agenda for the meeting has been sent to teams without specific details. The package is the result of 12 months of talks after Liberty first presented its hopes for F1's future last April. The meeting will discuss: Cap on teams' annual budgets, starting in either 2020 or 2021 at a figure above $200m (£151m) a year and reducing to below $150m (£114m) within three or four years Revised revenue...
Full Story »
Full Story »
You May Also Be Interested In...
Zak Brown looks at 2021 rule changes as questions over...
Zak Brown has admitted that McLaren could be forced to leave Formula 1 in...
6y ago from GPBlog.com
Wolff optimistic about 2021 regulation talks
Mercedes boss Toto Wolff believes that “momentum” is growing for...
6y ago from GPFans.com
Wolff still opposed to Liberty's budget cap plans
Mercedes team principal Toto Wolff has renewed the Silver Arrows'...
6y ago from GPFans.com
Steiner: Teams need clarity on 2021 regulation changes
Haas F1 boss Guenther Steiner has said the Formula 1 teams need clarity...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Fernando Alonso: No normal person could achieve what...
No description available...
17h ago from Motorsport.com
MotoGP breaks attendance records in 2025; only two...
No description available...
1d ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
2d ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
1d ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
4d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Novak Djokovic makes feelings clear about seriousness...
Former ATP World No. 1 Novak Djokovic has said that Cristiano Ronaldo is...
32m ago from SportsKeeda.com
'He's maybe one we should have tried to grab' - Steven...
Liverpool legend Steven Gerrard believs the club made a mistake by not...
14h ago from SportsKeeda.com
Arsenal fan Anne Hathaway shares cheeky 'Owen goal'...
Arsenal fan Anne Hathaway shared a social media message referencing...
14h ago from SportsKeeda.com
'It was an unbelievable performance' - Martin Odegaard...
Arsenal captain Martin Odegaard heaped praise on teammate Declan Rice...
13h ago from SportsKeeda.com
Comments
Hottest News
Yuki Tsunoda makes Red Bull 'pressure' claim after F1 seat...
Yuki Tsunoda discovered the challenge of Red... Read More »
42m ago from RacingNews365.com
Legendary F1 circuit undergoes renovations and it could be...
New photos have been released regarding the... Read More »
13h ago from GPFans.com
Ferrari make key decision on Lewis Hamilton race engineer...
Ferrari F1 team have made a decision regarding... Read More »
10h ago from GPFans.com
