News Details
Cost cap debate rumbles on with R&D on the table
Monday's meeting of the Formula 1 team bosses and F1 chiefs ended without a firm decision being made on the lowering of the budget cap. Formula 1 boss Chase Carey and sporting boss Ross Brawn held a telephone conference with the 10 team bosses on Monday afternoon. According to reports the meeting lasted the entire afternoon with no firm decisions being made. The main topic was the budget cap. Formula 1 was set to introduce a $175m cap next year with all 10 team bosses agreeing to lower than to $150m. But, in light of the ongoing financial crisis that has seen McLaren, Williams, Racing Point and Formula 1 furlough staff, the sport's smaller teams are pressing for that to be further reduced...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
F1 teams agree to explore budget cap further after...
Formula 1 bosses ended their crisis meeting on Monday with an agreement to...
5y ago from BBC.co.uk
F1 and teams agree to consider changes to budget cap...
Formula 1 bosses and the teams agreed at a meeting on Monday to consider...
5y ago from F1i.com
‘Fragile Formula 1 could lose four teams'
Ahead of Monday's meeting to discuss lowering next year's budget cap, Zak...
5y ago from PlanetF1.com
F1 teams meet Monday: Small teams want even lower...
The Formula 1 season is still at a standstill and that has consequences...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Liberty Media can’t follow its F1 play to boost...
No description available...
17h ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
1d ago from Motorsport.com
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
2d ago from Motorsport.com
Former F1 team principal Guenther Steiner set to take...
Former Haas Formula 1 team principal Guenther Steiner is finalising a...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
4d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
4d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
5d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
1d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
1d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Sources: Euro giants end pursuit of 25-year-old...
Jakub Kiwior’s future at Arsenal remains uncertain as FC Porto have...
1h ago from CaughtOffside.com
Sources: Arsenal lead defender chase amid fierce...
Arsenal are making early moves in the race to sign highly rated French...
2h ago from CaughtOffside.com
Fabio Vieira set for Stuttgart? Young French defender...
Morning. I just woke from a dream that I had the job of Sporting Director...
2h ago from Arseblog.com
Arsenal vs Villarreal Prediction and Betting Tips |...
Arsenal resume their pre-season tour with another club friendly this week...
12h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin bans Sky after Stroll fallout
Aug.5 The fallout from Lance Stroll's... Read More »
57m ago from OneStopStrategy.com
Wolff admits recent upgrade ‘ruined' the car
Aug.5 With George Russell and Kimi Antonelli... Read More »
1h ago from OneStopStrategy.com
New Renault CEO confirms Alpine's F1 future
Aug.5 Francois Provost has confirmed that Alpine... Read More »
1h ago from OneStopStrategy.com
