News Details

Todt: I would have preferred a lower F1 budget cap

Formula 1 will look to reduce the budget cap figure that will be introduced in 2021 which some believe is still way too high but better than nothing at all. FIA president Jean Todt admitted at Hockenheim that only Mercedes, Ferrari and Red Bull will be affected by the $175 million figure that excludes costs including driver salaries. 'I would have preferred a lower number,' the Frenchman said. 'Only three teams will be affected or will have to restrict themselves. It would be better to have a limit that gives all the teams the same chance, but that was not possible.' 'At least now we have a foot in the door. This budget cap is better than none, so maybe in a second step we can reduce the...
Full Story »
6y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Next F1 season will be used as a test for the budget...

One of the biggest talking points outside of car design is the budget...
6y ago from GPBlog.com

DAMS Statement: Jean-Paul Driot has passed away

Statement: It is with great sadness that Driot Associés Motor Sport...
6y ago from GrandPrix247.com

Carey confirms budget cap 'dry run' for teams in 2020

Formula 1 CEO Chase Carey has confirmed that the spending of all ten F1...
6y ago from F1i.com

Hamilton: Honda no longer behind us in power

The days are over when Mercedes could easily out-power Red Bull that is...
6y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Sebastien Ogier goes all out on asphalt attack

Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...
14h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Arteta: Arsenal ready to 'get job done' and win title...

Mikel Arteta has urged his players to "take ownership" of the...
1h ago from SkySports.com

Game 1 of the ‘new season' is a must win

Morning all. 'Game 1', is how Mikel Arteta described today's encounter...
2h ago from Arseblog.com

Arsenal and Man United look to beat La Liga giants in...

Atalanta midfielder Ederson has been linked with a move away from the...
13h ago from CaughtOffside.com

Arteta targets 60m speedster as Man United prepare bid...

Karim Adeyemi has been linked with a move away from Borussia Dortmund at...
14h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.