News Details
FIA details regulations for 2021 budget cap
The FIA has revealed its regulations for the budget cap set to be introduced with the 2021 Formula 1 season, explaining how teams must report their spending in the sport's new era. The budget, which is set at $175 million USD for a 21-race season, is an initiative of the FIA and F1 owners Liberty Media that aims to achieve three primary objectives: to promote the competitive balance of the Championship; to promote the sporting fairness of the Championship; and to ensure the long-term financial stability and sustainability of the F1 Teams Additionally, the regulatory document, released on Friday after 2020's first meeting of the World Motorsport Council, promises to preserve 'the unique...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
FIA confirms technical changes to 2021 regulations
The FIA has confirmed additional changes to the 2021 Technical...
5y ago from FormulaSpy.com
Verstappen: Budget cap won't make a difference in 2021
Max Verstappen reckons the budget cap set to be introduced for the 2021...
5y ago from GPFans.com
Self-policing key part of 2021 F1 financial...
Formula 1's Managing Director of Motorsport Ross Brawn is
certain teams...
5y ago from MotorsportWeek.com
Verstappen doesn't think budget cap will impact F1...
Max Verstappen reckons the budget cap set to be introduced for the 2021...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Why 2026 is the right time for Ducati to field six...
No description available...
10h ago from Motorsport.com
Fabio Quartararo pushes for Yamaha V4, blames gap to...
No description available...
11h ago from Motorsport.com
Lap times revealed from Ducati's Balaton Park test...
No description available...
1d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Nolan Siegel predicts new Arrow McLaren shop will...
Arrow McLaren recently announced details for its new IndyCar race shop,...
7h ago from MotorsportWeek.c...
Alex Palou claims FOX’s investment will be...
No description available...
2d ago from Motorsport.com
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
2d ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
2d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
3d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
4d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Multiple PL clubs contact Real Madrid over possible...
Real Madrid have reportedly been waiting to receive a concrete offer for...
4h ago from SportsKeeda.com
Report: Arsenal ‘reignite interest' in Serie A...
There's been news trickling in today that suggests Arsenal still have work...
6h ago from FreshArsenal.com
Ballon d'Or 2025 nominees confirmed: Liverpool,...
The nominations for this year's Ballon d'Or are in, with some big names at...
7h ago from CaughtOffside.com
Alan Shearer predicts where Liverpool, Arsenal,...
Newcastle United legend Alan Shearer has predicted the finishing...
7h ago from SportsKeeda.com
Comments
Hottest News
Daniel Ricciardo has already handed Cadillac their biggest...
Cadillac have been linked with a number of... Read More »
1h ago from GPFans.com
Lewis Hamilton potential Ferrari replacement mentioned as...
F1 might be on holiday but the stories never stop... Read More »
1h ago from RacingNews365.com
Max Verstappen highlights where McLaren has...
Max Verstappen has proclaimed that McLaren's... Read More »
7h ago from MotorsportWeek.com
