News Details
BREAKING: F1 teams agree on a budget cap of $145 million!
There is finally an agreement between the Formula 1 teams on lowering the budget cap. It took a few weeks before the race stables were in line, but the decision was made on Monday afternoon. From the 2021 season onwards, in the pinnacle of motorsport, the budget cap will be $145 million per year. That's what Ross Brawn revealed as sports director of Liberty Media at Sky Sports. Initially, the budget cap was supposed to be $175 million per season, but now, due to the financial problems of the corona crisis, that's $30 million off. Read more Horner criticizes FIA: 'Lack of transparency is the hardest thing to deal with' Several large costs such as drivers' salaries are not included in this...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Brown: There’s an opportunity here to level the...
The opposition of big teams must not deter the FIA from implementing its...
5y ago from GrandPrix247.com
Threats Ferrari not taken seriously in F1: 'They have...
Discussions on a further lowering of the budget ceiling are still...
5y ago from GPBlog.com
‘Ferrari has agreed to reduced cap but…'
Good news for McLaren and others wanting a lower budget cap, Ferrari has...
5y ago from PlanetF1.com
Brawn: Reduced budget cap deal ‘in final stages'
Formula 1's managing director, Ross Brawn, has said an agreement over a...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
1h ago from Motorsport.com
MotoGP completes investigation into Brazilian GP...
No description available...
16h ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
20h ago from Motorsport.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
19h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
13h ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
13h ago from Motorsport.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
19h ago from MotorsportWeek.c...
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1d 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
Paul Scholes claims one Arsenal star 'looks lost' in...
Manchester United legend Paul Scholes has claimed that Bukayo Saka is...
1h ago from SportsKeeda.com
Champions League winning midfielder prefers Arsenal...
Bayern Munich midfielder Leon Goretzka is ready to join Arsenal in the...
1h ago from CaughtOffside.com
Not one or other, but both
Morning all. Let's start with Arsenal Women this morning who took a big...
2h ago from Arseblog.com
£60m star 'would jump at the chance to sign for...
Arsenal reportedly look likely to make changes at right-back this summer...
3h ago from CaughtOffside.com
Comments
Hottest News
Ferrari queries Mercedes ‘two-phase' front wing
Mar.25 Ferrari has approached the FIA for... Read More »
3h ago from OneStopStrategy.com
The ‘long conversation’ that may have led to...
The Formula 1 paddock is no stranger to shock... Read More »
1h ago from F1i.com
Audi receive firm instruction after shock Jonathan Wheatley...
Audi has suffered a surprise change of team... Read More »
2h ago from RacingNews365.com
