News Details
Brawn: Budget cap reduction needed to keep ‘big teams' in F1
Formula 1 would have lost manufacturers without the announcement of a reduced budget cap for 2021, according to Ross Brawn. The managing director of motorsports at Formula 1 told the FIA eConference this week that the decision to cut the cost cap to $145m from the initial $175m was crucial in safeguarding the sports future in the light of the coronavirus pandemic. 'This crisis gave us the opportunity that we knew the budget cap always would,' Brawn said. 'Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis in the future, we can adjust the budget cap to take account, and all accept that the ideal level changes. 'I think...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
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
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
Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all...
5y ago from F1i.com
''Without the lower budget cap, we would have had...
Ross Brawn, Chase Carey and the Liberty Media team have done their utmost...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
22h ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
22h ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
8h ago from MotorsportWeek.c...
Kirkwood "currently the biggest threat" to...
No description available...
10h ago from Motorsport.com
Official race results: 2026 IndyCar Grand Prix of...
No description available...
13h ago from Motorsport.com
Alex Palou “never felt safe” during Grand Prix of...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
13h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
17h ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
20h ago from Motorsport.com
Taka-San: King of Kenya
At the 94th time of asking, Takamoto Katsuta and co-driver Aaron Johnston...
20h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Arsenal join race for 70 million centre-back...
Arsenal have reportedly joined a growing list of clubs interested in RB...
1h ago from CaughtOffside.com
We can just enjoy it, Mikel Arteta has to think about...
Morning all. How was your Sunday? Did you watch the replays again? And...
1h ago from Arseblog.com
John Terry claims Arsenal have a player who reminds...
John Terry has claimed that Arsenal wonderkid Max Dowman reminds him of...
8h ago from CaughtOffside.com
10 youngest goal scorers in Premier League as Arsenal...
On March 14, 2026, Arsenal prodigy Max Dowman etched his name into the...
11h ago from SportsKeeda.com
Comments
Hottest News
Verstappen says new F1 will ‘ruin the sport'
Mar.16 Max Verstappen has delivered his most... Read More »
56m ago from OneStopStrategy.com
Hamilton credits Ferrari ‘listening' for '26 revival
Mar.16 Lewis Hamilton says he is back to his... Read More »
56m ago from OneStopStrategy.com
F1 champion Lando Norris admits McLaren ‘didn’t do...
Reigning F1 champion Lando Norris has delivered a... Read More »
56m ago from GPFans.com
