News Details
Budget cap to be introduced for 2015
The FIA has announced that a budget cap will be implemented from the start of the 2015 Formula 1 season.
The F1 strategy group and F1 commission met in Paris on Monday where a move to limit the spending in the sport was made.
‘The principle of a global cost cap has been adopted. The limit will be applied from January 2015′, read an FIA statement.
A working group will be established within the coming days comprising the FIA, representatives of the Commercial Rights Holder and Team representatives.
The objective of the working group will be to have regulations approved by the end of June 2014.
A budget cap has been proposed for the past few years in the sport, when former FIA...
Full Story »
Full Story »
11y ago from F1Zone.net
0
You May Also Be Interested In...
FIA introduce big changes including bespoke driver...
FIA introduce big changes including bespoke driver numbers and double...
11y ago from GrandPrix247.com
FIA announces major changes to '14 regulations
The FIA has confirmed three major changes will be made to the 2014...
11y ago from TheF1Times.com
New Jersey postponed to 2015 – Ecclestone
The Grand Prix of America has been postponed to 2015 ahead of the final...
11y ago from RichlandF1.com
Honda admit 2014 non-participation could impact 2015...
McLaren Group
Honda's chief officer of Motorsport has admitted that...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Davide Brivio commends ‘very good connection'...
Trackhouse Racing boss Davide Brivio commends the team's relationship...
22h ago from MotorsportWeek.c...
Dall'Igna on Newey comparisons: My decisions go...
No description available...
1d ago from Motorsport.com
Trackhouse Racing unveil 2025 MotoGP livery
On Tuesday afternoon in Charlotte, North Carolina, Trackhouse Racing...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX Sports confirms broadcast team as it assumes...
FOX Sports has announced the trio of talent that will present the NTT...
1d ago from MotorsportWeek.c...
Translating the Chili Bowl's lessons into Ferrucci's...
No description available...
1d ago from Motorsport.com
Kyle Larson is taking a much more laid-back approach...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why Toyota believes Rovanpera’s WRC return will...
No description available...
15h ago from Motorsport.com
Dakar 2025, Stage 10: Roma fastest as Lategan retakes...
No description available...
21h ago from Motorsport.com
Indonesia declares interest to make WRC return
No description available...
20h ago from Motorsport.com
Popular On GunnersToday.com
“He played like he weren’t interested” - Rio...
No description available...
1h ago from SportsKeeda.com
Was it a corner? | The controversial decision that led...
Take a look at the controversial decision to award Arsenal a corner which...
1h ago from SkySports.com
'I can't stop smiling' - Arsenal academy graduate...
No description available...
2h ago from SportsKeeda.com
Arsenal injury, suspension list and return dates for...
Sports Mole rounds up all of Arsenal's latest injury and suspension news...
1h ago from SportsMole.co.uk
Comments
Hottest News
Newey Aston Martin BLOW delivered as F1 team tipped for...
Formula 1 team Aston Martin have been dealt a... Read More »
1h ago from GPFans.com
EXCLUSIVE: Stunning Hamilton debut test details revealed...
Details surrounding Lewis Hamilton's debut... Read More »
2h ago from GPFans.com
Verstappen takes delivery of huge super-yacht
Jan.16 Max Verstappen is the proud owner of a... Read More »
1h ago from OneStopStrategy.com