News Details
F1 delays 'crucial' budget cap decision - Todt
Apr.14 F1 has delayed making a decision about how to proceed with further cost cutting measures amid the coronavirus crisis. With several teams - now including Renault - having furloughed staff, a debate is raging about how severely to further reduce the planned 2021 budget cap from $175 million. "On Thursday we had a meeting with just the big teams," FIA president Jean Todt told Auto Motor und Sport. "The crucial meeting was supposed to take place on Friday, but we have postponed it until next week. It's better to wait a week longer and get a better result." It is believed that while Mercedes is open to reducing the cap below $150 million, Red Bull and Ferrari are...
Full Story »
Full Story »
5y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Formula E introduced cost-saving measures
The fully-electric single-seater championship, the Formula E series has...
5y ago from F1Technical.net
Haas has placed its UK staff into furlough
The Haas F1 team also announced cost-cutting measures by placing the...
5y ago from F1Technical.net
Zak Brown calls for lowering the cost cap
McLaren CEO Zak Brown sees the current crisis caused by the coronavirus...
5y ago from F1Technical.net
Formula E delays launch of Gen2 EVO car to 2021/22
Formula E has delayed the introduction of its Gen2 EVO car as part of its...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi forced to drop two slots on MotoGP...
No description available...
1h ago from Motorsport.com
Jorge Martin wins stunning final lap shootout in US...
Jorge Martin produced a stunning final lap to snatch US MotoGP Sprint...
17m ago from MotorsportWeek.c...
MotoGP Americas GP: Fabio di Giannantonio beats Marco...
No description available...
4h ago from Motorsport.com
Jorge Martin goes quickest in final US MotoGP practice
Jorge Martin topped the charts by two-tenths in the final US MotoGP...
3h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou beats Malukas to Barber pole after tight...
No description available...
47m ago from Motorsport.com
Nikita Johnson prevails after leaders collide late in...
No description available...
2h ago from Motorsport.com
Alex Palou earns IndyCar pole at Barber
Saturday afternoon at Barber Motorsports Park was devoted to IndyCar...
1h ago from MotorsportWeek.c...
Scott McLaughlin suffers heavy IndyCar practice crash,...
Saturday morning at Barber Motorsports Park held a second practice...
4h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Subaru teases new rally car for Japanese Championship
No description available...
2d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
2d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
5d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Max Dowman needs to leave Arsenal as soon as...
talkSPORT pundit Adrian Durham has urged Arsenal youngster Max Dowman to...
5h ago from SportsKeeda.com
Arsenal prepare 35m offer for La Liga 'match-winner'...
Arsenal and Tottenham Hotspur are interested in signing the Moroccan...
11h ago from CaughtOffside.com
Liverpool prepare £70m offer as Arsenal & Man...
Liverpool, Arsenal and Manchester United are interested in signing Murillo...
10h ago from CaughtOffside.com
'Barça wouldn't be where they are if it weren't for...
Arsenal star David Raya has heaped special praise on Barcelona ace Joan...
12h ago from SportsKeeda.com
Comments
Hottest News
F1 fans furious after seeing footage of Verstappen and...
The new F1 regulations for 2026 have sparked... Read More »
5h ago from GPFans.com
Max Verstappen reveals why he kicked out F1 journalist at...
Four-time F1 world champion Max Verstappen has... Read More »
57m ago from GPFans.com
Fernando Alonso: The great challenges of Suzuka are gone,...
Fernando Alonso delivered a brutal verdict on... Read More »
3h ago from GrandPrix247.com
