News Details
Formula 1 postpone budget cap meeting
Formula 1 have delayed a meeting which was designed to discuss the posibility of lowering the upcoming budget cap until next week. The budget cap is set to come in for 2021, even though the new regulations have been pushed back until 2022, with a limit of $175m for a season. However, there are major exemptions such as driver salaries, wages for the top three executives in a team and engine costs. A deal has been reached in principal to now lower this cap to $150m with the same exemptions, but the top three teams are concerned over talks to lower it even further – McLaren CEO Zak Brown has warned that Ferrari and Red Bull are playing with fire over the cap. Mercedes, Ferrari and Red...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Formula 1 budget cap meeting postponed
A meeting of Formula 1 bosses to discuss a lowering of the sport's budget...
5y ago from BBC.co.uk
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
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...
5y ago from PlanetF1.com
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Liberty Media can’t follow its F1 play to boost...
No description available...
15h ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
21h 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...
22h 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: Arsenal lead defender chase amid fierce...
Arsenal are making early moves in the race to sign highly rated French...
21m ago from CaughtOffside.com
Arsenal vs Villarreal Prediction and Betting Tips |...
Arsenal resume their pre-season tour with another club friendly this week...
10h ago from SportsKeeda.com
Arsenal not alone in race to sign Jeremy Jacquet;...
Arsenal are not the only club eyeing a move for Jeremy Jacquet this...
17h ago from SportsKeeda.com
'The more likely option' – Arsenal star tipped...
Arsenal have had a busy summer so far, and their busy is far from over...
18h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff sends Lewis Hamilton strong message after...
Mercedes boss Toto Wolff has sent Lewis Hamilton... Read More »
1h ago from RacingNews365.com
F1 News Today: Max Verstappen takes aim at Lewis Hamilton...
Max Verstappen suggested after the Hungarian... Read More »
1h ago from GPFans.com
Al Dhaheri podiums in Hungary and France build momentum
UAE's Formula 1 hopeful Rashid Al Dhaheri... Read More »
31m ago from GrandPrix247.com
