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 »
3y 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...
3y 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...
3y ago from PlanetF1.com
F1 tweaks budget cap to reflect inflation
Formula One approved a small increase to its $140 million per team annual...
3y ago from espnF1.com
Budget cap increased, technical directive on...
On Friday morning in Austria, the FIA and Formula One teams met to...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Pirelli wants to test new MotoGP tyres with 2027 bikes...
No description available...
8h ago from Motorsport.com
Who crashed the most during the 2025 MotoGP season?
No description available...
1d ago from Motorsport.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
2d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Sunoco makes full-time IndyCar return as primary...
No description available...
2d ago from Motorsport.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
2d ago from MotorsportWeek.c...
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
3d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...
Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...
8h ago from MotorsportWeek.c...
Lancia reveals driver line-up for 2026 WRC return
No description available...
2d ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arteta wants to sign 'amazing' 26-year-old to get the...
Arsenal are reportedly interested in signing the AC Milan attacker Rafael...
10h ago from CaughtOffside.com
Arsenal dealt blow as Mikel Arteta confirms injury to...
Arsenal manager Mikel Arteta has revealed that Ben White has suffered...
7h ago from SportsKeeda.com
Arsenal 2-1 Wolves: Late joy but considerable worry...
Match report – Player ratings – Arteta reaction The game...
11h ago from Arseblog.com
“Carried the team on his back”, “One man army”...
Arsenal fans were left in awe of Bukayo Saka’s performance during their...
20h ago from SportsKeeda.com
Comments
Hottest News
‘Dirty games were played’: Marko opens up on Horner’s...
In the high-stakes world of Formula 1, where... Read More »
7h ago from F1i.com
Isack Hadjar delivers 'makes sense' verdict on key Red Bull...
Isack Hadjar has shared his view on the call from... Read More »
1h ago from RacingNews365.com
Max Verstappen REJECTS living in England as key F1 move...
Four-time F1 world champion Max Verstappen has... Read More »
37m ago from GPFans.com
