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
Marc Marquez escapes injury after nasty 190km/h crash...
No description available...
42m ago from Motorsport.com
The FIM responds to the multiple ‘challenges' on...
The FIM - the governing body of motorcycle racing - has released a...
4h ago from MotorsportWeek.c...
Honda’s 2026 bike feels “naturally fast” – so...
No description available...
3h ago from Motorsport.com
Pedro Acosta leads first United States MotoGP practice...
Pedro Acosta led the way in the opening United States MotoGP practice...
22m ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Hunter McElrea tabbed as reserve driver by ECR
No description available...
52m ago from Motorsport.com
Kyffin Simpson explains restart crash in Arlington GP...
A late restart was attempted with one lap to go in the Grand Prix of...
1h ago from MotorsportWeek.c...
How to watch IndyCar at Barber: Weekend schedule,...
No description available...
20h ago from Motorsport.com
Andretti boss explains Will Power’s steep transition...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Sandro Tonali delivers response following claims of...
Newcastle United midfielder Sandro Tonali did his talking on the pitch...
2h ago from CaughtOffside.com
'That would worry me a bit' - Jamie Carragher sheds...
Jamie Carragher believes Arsenal's lack of 'special players' will hurt...
1h ago from SportsKeeda.com
Report: Arsenal monitoring long-time Mikel Arteta...
Arsenal are reportedly one of the clubs keeping a close eye on...
2h ago from CaughtOffside.com
New: Liverpool & Arsenal handed boost in pursuit...
Liverpool and Arsenal may have been handed a boost in their rumoured...
6h ago from CaughtOffside.com
Comments
Hottest News
Mattia Binotto makes surprise Jonathan Wheatley Audi...
Audi F1 project chief Mattia Binotto has spoken... Read More »
2h ago from MotorsportWeek.com
Lewis Hamilton issues frank verdict as alarming Max...
Lewis Hamilton has had his say at the Japanese... Read More »
7h ago from RacingNews365.com
Honda provide Aston Martin vibration update after 'useful'...
Some good news coming out of the Honda camp over... Read More »
1h ago from RacingNews365.com
