News Details

‘Cap won't create absolute equal opportunities'

Guenther Steiner says F1's budget cap won't led to 'equal opportunities' but it will at least narrow the gap between the have and have nots. Earlier this year Formula 1 put pen to paper on a reduced budget cap for the 2021 season. Instead of sitting at $175 million, it has been slashed to $145m and will fall even further to $130m by 2023. Many of the sport's smaller teams have applauded the decision, not only because they feel it may have saved their teams but because it is hoped that it will close the massive gap between the top three and the rest of the field. Steiner, though, has warned against expecting miracles. 'It is good for sport,' the Haas team boss told Auto Motor und Sport but...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Steiner realistic: "Budgetcap will not directly...

From 2021 there will be a budget cap in Formula 1. From then on, the...
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

Reduced Budget Cap Could Tempt New Manufacturers to...

The reduced budget cap being introduced into the Formula 1 regulations...

Vasseur accuses some teams as ‘narrow-minded'

Alfa Romeo boss, Frederic Vasseur, has criticised some 'narrow-minded'...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Ryan Briscoe to coach RLL drivers, fueling speculation...

Rahal Letterman Lanigan Racing has announced that it has brought on two...

Wienie 500 returns for second year in build-up to Indy...

Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...

Popular On GunnersToday.com

Arsenal, Man United and Chelsea lock horns for...

Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
8h ago from CaughtOffside.com

Gabriel refusing to shake Maguire's hand sparks aggro...

Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
11h ago from SkySports.com

Arteta feeling bullish after Arsenal ‘take...

t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
12h ago from TheGuardian.com

Arteta encouraged by 'beautiful' meeting with players...

Mikel Arteta has revealed he called his players for a meeting to...
12h ago from SkySports.com

Comments

Hottest News

LIVE: 2026 F1 Barcelona Pre-Season Test - Day 2

The second day of on-track action for F1 in 2026... Read More »
21h ago from RacingNews365.com

F1: Barcelona Day 2 Recap: Ferrari

It was a productive day for us. Despite the rain,... Read More »
9h ago from Pitpass.com

2026 F1 Barcelona Pre-Season Test - Day 2 results

See the results from the second day of pre-season... Read More »
12h ago from RacingNews365.com

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.