News Details
Wolff ‘fought hard' in F1 budget cap meeting
Jul.9 Toto Wolff admits he 'fought hard' during Friday's meeting of the F1 Commission in Austria. Top of the agenda was the budget cap, with smaller teams arguing on one hand for no changes to the $140 million limit while top teams insist that raging inflation demands an increase. Ultimately, the FIA agreed that there is a 'risk of non-compliance if actions are not taken', and therefore the cap has been increased by 3.1 percent – about $4.5 million. 'It is not so easy to explain all the nuances, so I'll just say that the increase that was agreed today only partially compensates for inflation and does not include an increase for logistics,' said Mercedes boss Toto Wolff. Williams...
Full Story »
Full Story »
2y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Formula 1 approves minor increase on budget cap
Formula 1 approved a small increase to its $140-Million per team annual...
2y ago from GrandPrix247.com
F1 makes decision on calls for budget cap increase
A meeting of the F1 Commission has resulted in a decision being made...
2y ago from PlanetF1.com
F1 tweaks budget cap to reflect inflation
Formula One approved a small increase to its $140 million per team annual...
2y ago from espnF1.com
Budget cap increased, technical directive on...
On Friday morning in Austria, the FIA and Formula One teams met to...
2y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: ‘I've had stitches in my chin, but...
No description available...
5h ago from Motorsport.com
Fabio Quartararo tops chaotic second Assen MotoGP...
Fabio Quartararo topped the timesheets for Yamaha after an extended...
9h ago from MotorsportWeek.c...
Fabio Quartararo “needs a winning project now” as...
No description available...
6h ago from Motorsport.com
Marc Marquez tops first Assen MotoGP practice despite...
Marc Marquez topped the timesheets in the first Assen MotoGP practice...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
5h ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
1d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
3d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak tames rough Acropolis Rally Greece
Ott Tanak and Martin Jarveoja ended a rough, puncture-riddled opening day...
5h ago from MotorsportWeek.c...
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
12h ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak heads Hyundai 1-2 as...
No description available...
5h ago from Motorsport.com
Extreme heat at the Acropolis Rally just pushed WRC...
No description available...
44m ago from Motorsport.com
Popular On GunnersToday.com
Major twist gives Arsenal hope of signing ‘most...
Real Madrid have not ruled out the possibility of selling Rodrygo Goes...
9h ago from CaughtOffside.com
Manchester United target blocking all offers as he...
Manchester United target Viktor Gyokeres is blocking offers from other...
6h ago from SportsKeeda.com
Arsenal given ‘less than 2% chance’ of signing...
Arsenal’s hopes of landing one of their top striker targets this summer...
8h ago from CaughtOffside.com
Report: Arsenal receive huge boost in their bid to...
Arsenal have been handed a huge boost in their bid to sign Rodrygo as the...
9h ago from FreshArsenal.com
Comments
Hottest News
FIA announce Lewis Hamilton punishment verdict at Austrian...
The FIA have announced the punishment verdict for... Read More »
5h ago from GPFans.com
Former Ferrari boss in shock McLaren move
Iconic former Ferrari boss Luca di Montezemolo... Read More »
4h ago from RacingNews365.com
F1: Austrian Grand Prix: Friday Free 2 - Times
Times from today's second free practice session... Read More »
7h ago from Pitpass.com
