News Details
McLaren boss warns big teams risk putting F1 out of business
McLaren Racing CEO Zak Brown says the big teams are risking the entire existence of Formula 1’s future through their unwillingness to agree to major financial changes. F1 and its 10 teams are in the middle of intense negotiations over how best to protect the future of all competing teams and the sport as a whole amid economic uncertainty caused by the COVID-19 crisis. Part of such cost-saving measures include further reducing the budget cap limit. Teams have already agreed in principal to lower the cost cap from $175m to $150m but McLaren is among a number of teams pushing to bring that figure down even more. Resistance has been come most notably from Ferrari, with team boss Mattia...
Full Story »
Full Story »
You May Also Be Interested In...
Hockenheim open to helping F1’s 2020 season bid
Hockenheim is understood to the latest track not on the original 2020...
5y ago from Crash.net
F1’s private testing plan “won’t be...
Formula 1’s private testing plan to ensure the 2020 season can get...
5y ago from Crash.net
'Red Bull quits alliance with Ferrari and Mercedes in...
As a result of the corona crisis, Formula 1 teams run the risk of ending...
5y ago from GPBlog.com
3 cars, customer cars, Super F2: What is F1’s...
This week FIA President Jean Todt did what he often does best by...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
What is custom motorcycle paint in the racing world?
Custom paintwork involves decorating vehicles. There is the Californian...
2h ago from MotorsportWeek.c...
Why Jorge Martin is back - but not at his best yet in...
No description available...
11h ago from Motorsport.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
17h ago from Motorsport.com
MotoGP completes investigation into Brazilian GP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar changes Arlington results, penalizing Kyffin...
No description available...
6h ago from Motorsport.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
10h ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
1d ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
4d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal eye statement signing of 19-G/A attacker who...
Arsenal are looking to sign the PSG attacker Khvicha Kvaratskhelia at the...
8h ago from CaughtOffside.com
Liverpool eye key replacement as Arsenal & Man...
Arsenal, Manchester United and Liverpool are reportedly interested in...
7h ago from CaughtOffside.com
Arsenal plot 35M raid for one of Brazil's brightest...
Arsenal are looking to sign a quality right back in the summer, and they...
8h ago from CaughtOffside.com
Arsenal latest: 'Gunners target summer deal for PSG's...
No description available...
8h ago from SkySports.com
Comments
Hottest News
FIA announce major F1 qualifying change for Japanese GP
The FIA has made a critical change to qualifying... Read More »
48m ago from RacingNews365.com
F1: Japanese Grand Prix: Preview - Audi
We've seen encouraging signs in terms of pace... Read More »
3h ago from Pitpass.com
F1 legend Martin Brundle reveals the thing he hates about...
Sky F1 pundit and TV icon Martin Brundle has... Read More »
5h ago from GPFans.com
