News Details

Brown: Teams against cap reduction are playing with fire

Formula 1's biggest spenders need to consider what is good for the health of the entire grid and not just themselves, says McLaren CEO Zak Brown. A hot topic at the latest round of crisis-talks between F1 bosses on Monday, it is believed McLaren is leading calls for further reductions on F1's soon-to-be-introduced budget cap, but has been met with resistance from at least two major teams — reportedly Ferrari and Red Bull. Under the original agreement, teams were to have a $175 million cap on spending from the 2021 season onward, but the financial realities of COVID-19 have led all to agree to reduce that number to $150m. However as Brown told Sky Sports F1, that number should be...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Formula 1 crisis talks: teams discussing further...

Set to be introduced in 2021, Formula 1 could see its $175 million cost...
5y ago from GrandPrix247.com

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

‘Smaller teams want lower cap, Ferrari says no'

Formula 1's smaller teams are pushing for next year's budget cap to be...
5y ago from PlanetF1.com

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...

Popular On GunnersToday.com

Arsenal vs Kairat Prediction and Betting Tips |...

Arsenal take on Kairat at home in their final UEFA Champions League league...
13m ago from SportsKeeda.com

“I don’t want him to be ‘Mr. Nice Guy’...

Former Arsenal midfielder Emmanuel Petit has urged Declan Rice to be more...
3h ago from SportsKeeda.com

“Put that on my name!” - Tottenham star insists...

Tottenham Hotspur midfielder Dejan Kulusevski has maintained that Arsenal...
2h ago from SportsKeeda.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.