News Details
‘Ferrari has agreed to reduced cap but…'
Good news for McLaren and others wanting a lower budget cap, Ferrari has reportedly agreed to lowering the cap to $130m…but only in 2023. Formula 1, like the rest of the world, is in the midst of a financial crisis. The 2020 season has yet to get underway after what would have been the season-opening Australian Grand Prix was cancelled two hours before the green flag was expected to be waved for FP1. Teams are losing money by the millions for every grand prix missed, and that list is up to 10 after France cancelled its race. In the immediate aftermath of the Australian cancellation, the F1 team bosses all agreed to run this year's chassis next season and to lower the 2021 budget cap...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
New FIA rule could crush Ferrari budget cap roadblock
A safeguard clause added to the FIA's sporting code could quell Ferrari's...
5y ago from F1i.com
Brown hammers 'in denial' Ferrari over stance on...
McLaren F1 boss Zak Brown has called out Ferrari for its inflexible...
5y ago from F1i.com
McLaren: Ferrari's cap comments don't reflect reality
With Ferrari pushing back on the lowering of the budget cap, Zak Brown...
5y ago from PlanetF1.com
Brown clear: 'The sport can continue without Ferrari'
Zak Brown is not at all happy with the way conversations are currently...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Why Valentino Rossi is putting pressure on Ducati over...
No description available...
1h ago from Motorsport.com
Fermin Aldeguer to miss the Sepang test, but won't...
No description available...
5h 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
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...
4h ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
23h 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...
44m 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...
3h ago from SportsKeeda.com
Arteta's issues analysed as the pressure starts to...
Arsenal have not won the Premier League title for 22 years - is it it...
4h 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 »
2h 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 »
9h ago from RacingNews365.com
F1 testing: Fastest times, most laps, schedule, how to...
Formula 1 2026 is underway -- under a cloud of... Read More »
2h ago from espnF1.com
