News Details
Budget cap to be introduced in 2015
– Formula 1 will introduce a budget cap from the start of 2015, with basic terms being agreed at a meeting of the sport's Strategy Group and Commission in Paris on Monday. A working group will now be put together to determine the finer details of the cuts, including representatives from governing body the FIA and commercial rights holder FOM, and Formula 1 team members. A deadline for the full-blown regulations to be outlined has been set as June of next year. The concept, which has long been under discussion, was put under the spotlight once more this season, with a number of teams admitting to financial struggles. A budget cap was previously attempted under Max Mosley's tenure as...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Budget cap to be introduced for 2015
The FIA has announced that a budget cap will be implemented from the...
11y ago from F1Zone.net
FIA introduce big changes including bespoke driver...
FIA introduce big changes including bespoke driver numbers and double...
11y ago from GrandPrix247.com
FIA announces regulation changes
The principle of a global cost cap has been adopted. The limit will be...
11y ago from Pitpass.com
FIA approves regulation changes, including cost cap
Following a meeting of the F1 Strategy Group and the Formula One...
11y ago from F1Technical.net
Elsewhere On The Network
Popular On MGPToday.com
Vinales: If Yamaha had listened to me, I would already...
No description available...
13h ago from Motorsport.com
Jack Miller: ‘I haven't met my expectations'...
Jack Miller believes 'I haven't met my expectations' as he assessed his...
13h ago from MotorsportWeek.c...
Marquez recommended Lorenzo to Honda to prevent Ducati...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
How Foster proved a point and fulfilled a lifelong...
No description available...
3d ago from Motorsport.com
The spotlight now on IndyCar, Indy NXT as both series...
No description available...
5d ago from Motorsport.com
Sophia Floersch signs with HMD Motorsports for 2025...
No description available...
1w ago from Motorsport.com
Fading financial support pushes rising star...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
The Dacia/Prodrive innovation that is positively...
No description available...
12h ago from Motorsport.com
Rovanpera hopes circuit racing exploits can help 2025...
No description available...
1d ago from Motorsport.com
More events like Monza Rally Show would be “nice”...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal identify 24-year-old Serie A star as a...
No description available...
7h ago from SportsKeeda.com
'The majority see obstacles, but few see the...
No description available...
8h ago from SportsKeeda.com
Bukayo Saka breaks silence after hamstring injury as...
Arsenal winger Bukayo Saka shares an update on social media after...
4h ago from SportsMole.co.uk
Arsenal latest: Saka provides injury update from...
No description available...
8h ago from SkySports.com
Comments
Hottest News
Race CANCELLED in shock update after unexpected twist
One of the final races on the 2024 motorsport... Read More »
12h ago from GPFans.com
Newey handed Aston Martin WARNING as doubts unveiled
Formula 1 design legend Adrian Newey has been... Read More »
19h ago from GPFans.com
F1 team boss makes 'new girlfriend' plea in bold...
A Formula 1 team principal has delivered some... Read More »
6h ago from GPFans.com
