News Details

''Without the lower budget cap, we would have had fewer manufacturers''

Ross Brawn, Chase Carey and the Liberty Media team have done their utmost to get the budget cap in Formula 1. A cap that, according to Brawn, has enabled us to start with ten teams in 2020. As of 2021 there will be a budget cap of 145 million dollars in Formula 1. The cap was initially set at $175 million, but the coronavirus removed $30 million from the cap. An important victory for the sport, which according to Brawn otherwise would have lost teams in the coming seasons. Read more Hamilton selected as new ambassador to the United Nations A lower budget cap ''Before the coronavirus broke out, we already told each other that in a crisis situation, we need to adjust the cap further...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Racing Point: 'Budgetcap will only have a real impact...

From 2021 there will be a budget cap in Formula 1. From that moment on,...
5y ago from GPBlog.com

Steiner: "In good times, F1 shouldn't come back...

One of the most important changes for Formula 1 is the introduction of...
5y ago from GPBlog.com

F1 feared losing manufacturers without cost cap

Formula 1’s Managing Director of Motorsports Ross Brawn says he feared...
5y ago from MotorsportWeek.com

F1 feared losing teams over no budget cap

Formula 1's sporting director, Ross Brawn, has said there was a fear that...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

IndyCar Laguna Seca – Race Results

IndyCar traveled clear across the country since last weekend’s race,...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Saudi Arabia make decision regarding possible summer...

Saudi Arabia have pulled the plug on their pursuit of Real Madrid's...
2h ago from SportsKeeda.com

'He has champion mentality in bucket loads' -...

Former Arsenal academy coach Temisan Williams believes teenage star Max...
2h ago from SportsKeeda.com

'It's not a step up, it's not a step down' - Pundit...

Former Chelsea winger Pat Nevin believes Noni Madueke's transfer to...
4h ago from SportsKeeda.com

Liverpool's interest in PL star could complicate...

Liverpool's interest in English defender Marc Guehi could be a major blow...
6h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.