News Details
COVID-19: Cap changes at centre of new crisis talks
Formula 1 could see a further changes to its incoming budget cap for the 2021 season, with support building for incremental reductions in the latest round of crisis talks on Thursday. An immediate concern with teams suffering under the financial strain of the COVID-19 pandemic, an agreement had been made several weeks ago to lower the original $175m cap figure to $150m, but progress on any further reduction — as desired by the smaller teams — has been difficult to come by. Per reports from Thursday's video conference — which was attended by F1's Chase Carey and Ross Brawn, FIA president Jean Todt and the F1 team principals — a possible compromise is a cap with...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sedil: This crisis is a final wake up call for Formula...
The COVID-19 crisis is a final wake-up call for an already...
5y ago from GrandPrix247.com
Ferrari's Binotto open to reduced cost cap for 2021;...
Scuderia Ferrari boss Mattia Binotto has said he would welcome a reduced...
5y ago from TheCheckeredFlag....
Current crisis is 'massive opportunity' for F1 - Agag
Formula E founder and chairman Alejandro Agag believes the COVID-19...
5y ago from F1i.com
McLaren: F1’s current crisis the final wake-up call
McLaren team principal Andreas Seidl sees the ongoing coronavirus crisis...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Fermin Aldeguer to miss the Sepang test, but won't...
No description available...
2h ago from Motorsport.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
2d ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
2d ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
3d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
2d ago from Motorsport.com
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
3d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
More than 10 tuners interested in joining WRC under...
No description available...
1h ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
21h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg dominates to claim...
No description available...
1d ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
“Put that on my name!” - Tottenham star insists...
Tottenham Hotspur midfielder Dejan Kulusevski has maintained that Arsenal...
41m 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...
1h ago from SportsKeeda.com
Arsenal latest: Odegaard calls for togetherness after...
No description available...
1h ago from SkySports.com
Arsecast Extra Episode 678 – 26.01.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
2h ago from Arseblog.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 1
The first day of on-track action for F1 in 2026... Read More »
6h ago from RacingNews365.com
2026 F1 Barcelona Pre-Season Test - Day 1 morning results
See the morning results from the first day of... Read More »
3h ago from RacingNews365.com
McLaren unleashing 'most powerful tool' in new 'cat and...
McLaren believes a 'cat and mouse' game will play... Read More »
2h ago from RacingNews365.com
