News Details
Brawn: Formula 1 cost cap will now start at $145-million
Formula 1 has agreed a $145 million budget cap for teams next year and will continue to try and tighten that for future seasons, managing director Ross Brawn said on Monday. The Briton also told Sky Sports television after a teleconference with teams and the governing FIA that a much fairer prize fund would feature in a new commercial agreement due by the end of this year. “The budget cap initial objectives were a more competitive field and I think with the situation we have now the sustainability, the economic sustainability, of Formula 1 is a priority. That counts as much for the big teams as it does for the small teams,' explained Brawn. Formula 1’s season has yet to start, with the...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
F1 teams agree to slash budget cap to $145 million...
Formula One will go ahead and introduce the much-discussed budget cap in...
5y ago from Crash.net
BREAKING: F1 teams agree on a budget cap of $145...
There is finally an agreement between the Formula 1 teams on lowering the...
5y ago from GPBlog.com
Distribution prize money in F1 also tackled:...
Ross Brawn has explained the budget cap of 145 million dollars that...
5y ago from GPBlog.com
$145m budget cap for Formula 1 in 2021
Ross Brawn has confirmed that a $145 million budget cap for 2021 is close...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez escapes injury after nasty 190km/h crash...
No description available...
1h ago from Motorsport.com
Pedro Acosta leads first United States MotoGP practice...
Pedro Acosta led the way in the opening United States MotoGP practice...
1h ago from MotorsportWeek.c...
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...
4h ago from Motorsport.com
Popular On IndyCarToday.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...
Hunter McElrea tabbed as reserve driver by ECR
No description available...
1h ago from Motorsport.com
How to watch IndyCar at Barber: Weekend schedule,...
No description available...
21h 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
Report: Arsenal monitoring long-time Mikel Arteta...
Arsenal are reportedly one of the clubs keeping a close eye on...
3h ago from CaughtOffside.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...
2h ago from SportsKeeda.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 »
3h ago from MotorsportWeek.com
Lewis Hamilton issues frank verdict as alarming Max...
Lewis Hamilton has had his say at the Japanese... Read More »
8h ago from RacingNews365.com
FIA announce Lewis Hamilton punishment verdict after Max...
The stewarding panel at the Japanese Grand Prix... Read More »
9h ago from GPFans.com
