News Details
'Red Bull quits alliance with Ferrari and Mercedes in budgetcap talks'
As a result of the corona crisis, Formula 1 teams run the risk of ending up in major financial problems. In order to accommodate the smaller teams in these difficult times, a further reduction of the budget ceiling for 2021 has been proposed. Last year it was agreed that the limit will be 175 million dollars, now a number of teams are pleading to reduce this amount to as much as 100 million dollars. It will come as no surprise that any form of further reduction so far has been blocked by the three big teams. Normally the teams have to agree unanimously to come to a decision on this. However, since this is now an emergency situation, a majority is enough to implement new regulations. Read...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Virgin Racing: The team of the 2010 generation that...
In 2021 the time has finally come: the Formula introduces a budget limit....
5y ago from GPBlog.com
Wolff hits reverse over budget cap - Marko
Apr.24 Toto Wolff has "suddenly" hit reverse gear on a drastic...
5y ago from OneStopStrategy.com
Brown: Ferrari are living in denial
McLaren boss Zak Brown has accused Ferrari of being in denial about the...
5y ago from GrandPrix247.com
Ferrari issue F1 quit threat over 'demanding' budget...
Ferrari team principal Mattia Binotto has warned that the manufacturer...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Why Valentino Rossi is putting pressure on Ducati over...
No description available...
10h ago from Motorsport.com
Fermin Aldeguer to miss the Sepang test, but won't...
No description available...
13h 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...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
2h ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
6h ago from MotorsportWeek.c...
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...
3d ago from Motorsport.com
Popular On TotalWRC.com
More than 10 tuners interested in joining WRC under...
No description available...
12h ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
1d 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
Arsenal vs Kairat Prediction and Betting Tips |...
Arsenal take on Kairat at home in their final UEFA Champions League league...
9h ago from SportsKeeda.com
Player ratings: Arsenal 2-3 Manchester United
Arsenal crashed to a 3-2 defeat against Manchester United on Sunday...
13h ago from FreshArsenal.com
Arsecast Extra Episode 678 – 26.01.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
13h ago from Arseblog.com
Arteta's issues analysed as the pressure starts to...
Arsenal have not won the Premier League title for 22 years - is it it...
12h ago from SkySports.com
Comments
Hottest News
F1 News Today: Adrian Newey ‘furious’ as McLaren unveil...
Aston Martin team principal Adrian Newey is... Read More »
10h ago from GPFans.com
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 1
The first day of on-track action for F1 in 2026... Read More »
17h ago from RacingNews365.com
2026 F1 Barcelona Pre-Season Test - Day 1 unofficial...
See the unofficial afternoon results from the... Read More »
8h ago from RacingNews365.com
