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
How Alex Marquez won the MotoGP Spanish GP the Marc...
No description available...
10h ago from Motorsport.com
Yamaha set to confirm new inline-four MotoGP engine at...
Yamaha admits it is likely to use its updated inline-four MotoGP engine...
1d ago from MotorsportWeek.c...
Joan Mir confirms new Honda engine sees improvement in...
Joan Mir confirmed that Honda's new engine has shown improvements in 'all...
1d ago from MotorsportWeek.c...
Pedro Acosta did have surgery for arm-pump syndrome...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing continues partnership with Homes For...
AJ Foyt Racing has announced that it will once again partner with Homes...
4h ago from MotorsportWeek.c...
Helio Castroneves joins Barrichello, Massa in the 2025...
No description available...
2d ago from Motorsport.com
2025 Indianapolis 500 Chevrolet ZR1 pace car unveiled
No description available...
2d ago from Motorsport.com
Corvette ZR1 pace car revealed for 109th Indy 500
Indianapolis Motor Speedway has revealed the pace car that will head the...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
15h ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
1d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
3d ago from MotorsportWeek.c...
Even Sebastien Ogier was powerless to prevent Kalle...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal set for transfer 'battle' with Paris...
Arsenal may have to do battle with Paris Saint-Germain off the pitch to...
2h ago from SportsMole.co.uk
'I think he gets over-awed by those real big ones' -...
Former player Danny Murphy has slammed Martin Odegaard after Arsenal's 1-0...
2h ago from SportsKeeda.com
'When you play like Barcelona play, the stadiums will...
Pep Guardiola has said he was impressed with both the Champions League...
3h ago from SportsKeeda.com
Arsenal and Liverpool want 33-goal 'physical beast'...
Arsenal and Liverpool are among clubs keen on signing the Celtic attacker...
7h ago from CaughtOffside.com
Comments
Hottest News
Oscar Piastri responds to Australian F1 legend's critique...
Oscar Piastri has responded to comments made by... Read More »
4h ago from MotorsportWeek.com
Carlos Sainz ‘not surprised' by Lewis Hamilton...
Carlos Sainz said he’s “not surprised”... Read More »
9h ago from MotorsportWeek.com
F1: Drivers unimpressed by Ben Sulayem's attitude
George Russell and Lewis Hamilton are left... Read More »
5h ago from Pitpass.com
