News Details
Cap will make F1 sustainable, but still premier series, says Ferrari
Formula 1’s budget cap will ensure the championship remains
sustainable for each team, according to Ferrari, will retaining its status as
the premier motorsport category. Prior to the outbreak of the coronavirus pandemic Formula 1 had
signed-off on implementing Financial Regulations for the first time in its
history, to be introduced in 2021. A figure of $175m per annum, excluding some costs relating
to engine development, marketing and driver salaries, had been agreed, in a bid
to control excessive levels of spending. But the pandemic has already prompted a re-think and the cap
is poised to be reduced to $145m. “There has been significant progress on numerous measures to
freeze...
Full Story »
Full Story »
5y ago from MotorsportWeek.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
Brawn: Budget cap of $145m agreed for 2021
A greatly reduced budget cap for the 2021 season has been agreed upon...
5y ago from MotorsportWeek.com
Coronavirus patients to be treated at Mexican GP venue
Patients diagnosed with coronavirus who require hospitalisation
are set...
5y ago from MotorsportWeek.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
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Marc Marquez “helped, protected” Francesco...
No description available...
4h ago from Motorsport.com
Why Aprilia boss is "disappointed" about not...
No description available...
22h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
2d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar penalizes Abel Motorsports for rig testing
No description available...
19h ago from Motorsport.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
1d ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
1d ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg in control, as Elfyn...
No description available...
3h ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg moves clear of the...
No description available...
18h ago from Motorsport.com
Solberg sensational in the snow (and slush, and rain)
Oliver Solberg and Elliot Edmondson, making their debut as full-time...
20h ago from MotorsportWeek.c...
FIA offers update on new WRC commercial rights holder...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Manchester United legend accuses Arsenal of lack of...
Former Manchester United midfielder Teddy Sheringham accused Arsenal of...
52m ago from SportsKeeda.com
Fernandes or Odegaard? Who makes Arsenal vs Man Utd...
Robbie Lyle, Adam McKola and Buvey sit down to debate one of the biggest...
2h ago from SkySports.com
Talk of Arsenal being champions-elect ‘takes focus...
t;li>Manager insists praise from outside ‘does not add...
4h ago from TheGuardian.com
Arteta on Havertz & Gyokeres + Arsenal's absence...
Morning all, a quick Saturday round-up for you. After yesterday's focus on...
6h ago from Arseblog.com
Comments
Hottest News
Lewis Hamilton left stunned after first Ferrari 2026 F1 laps
Ferrari unveiled to the world its new car for the... Read More »
3h ago from RacingNews365.com
Hamilton ‘massively excited’ for new beginnings with...
Lewis Hamilton is entering his next chapter with... Read More »
42m ago from F1i.com
Damon Hill foresees 2009 Brawn GP repeat for Aston Martin...
F1 world champion Damon Hill believes Adrian... Read More »
2h ago from MotorsportWeek.com
