News Details
Liberty planning F1 budget cap - report
Incoming Formula 1 owner Liberty Media is reported to be evaluating plans for an introduction of a budget cap for competing teams. The American media organisation has recently announced it had reached an agreement with third-party investors to fund its acquisition of F1. According to a report in the business section of British broadsheet The Telegraph, a spending cap is among Liberty's future plans for Formula 1 - with the category's top manufacturers significantly outspending the smaller, independent teams under the existing model. The report quotes an unnamed senior source familiar with Liberty's cost-cap plans as saying: "It makes no sense to have teams spending the better part of...
Full Story »
Full Story »
8y ago from Motorsport.com
0
You May Also Be Interested In...
Ross Brawn: F1 needs to take hard look at future...
Former team boss Ross Brawn says Formula 1 needs to take a long and...
8y ago from GrandPrixTimes.com
Liberty Media raises $1.55bn to support Formula 1...
Liberty Media has announced that it has come to an agreement with various...
8y ago from GrandPrixTimes.com
Force India's Future?
18 year old Jehan Daruvala might not be a house hold name just yet, but...
8y ago from JWGrandPrix.com
Elsewhere On The Network
Popular On MGPToday.com
Enea Bastianini in, Franco Morbidelli out for MotoGP...
No description available...
3h ago from Motorsport.com
Marco Bezzecchi reveals cause of ‘disappointing’...
Marco Bezzecchi revealed “braking more softly” may have been the...
5h ago from MotorsportWeek.c...
What riders are back on the MotoGP grid for Czech GP?
No description available...
1d ago from Motorsport.com
Fabio Quartararo bemoans Yamaha’s ‘zero...
Fabio Quartararo admits his Yamaha currently has “zero potential”...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ed Carpenter Racing announces new Westfield...
No description available...
19h ago from Motorsport.com
Why it isn’t “unrealistic” for Alex Palou to...
No description available...
22h ago from Motorsport.com
Ed Carpenter Racing to build new IndyCar headquarters...
Ed Carpenter Racing announced on Tuesday that it will begin building a...
1d ago from MotorsportWeek.c...
Alex Palou opens ‘all the options’ in Ganassi’s...
Alex Palou won his seventh IndyCar race of the season on Sunday,...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal criticism forces WRC, FIA to rethink...
No description available...
1h ago from Motorsport.com
Sudden failure forces Adrien Fourmaux out of Rally...
No description available...
1h ago from Motorsport.com
Sebastien Ogier spurns WRC title fight despite flurry...
No description available...
1h ago from Motorsport.com
Franco Colapinto is still fighting Alpine’s...
No description available...
1h ago from Motorsport.com
Popular On GunnersToday.com
Revealed: Why Arteta has been pushing for surprise...
Arsenal feel they have got a good price for Noni Madueke, with Mikel...
2h ago from CaughtOffside.com
Report: Arsenal beat Liverpool and Manchester City to...
Arsenal look set to win the race for one of England’s most talked-about...
2h ago from FreshArsenal.com
Sources: Arsenal player has given the green light, La...
Sevilla are moving forward in their efforts to sign Karl Hein, with the...
4h ago from CaughtOffside.com
'Excellent work' – Andrea Berta praised as...
Arsenal director Andrea Berta has been praised by Charles Watts for his...
3h ago from CaughtOffside.com
Comments
Hottest News
Mercedes CEO gives ‘green light' to Max Verstappen F1...
Mercedes CEO Ola Kallenius has reportedly given... Read More »
1h ago from MotorsportWeek.com
Ferrari testing new rear suspension during Mugello filming...
In a bid to improve the performance of their 2025... Read More »
3h ago from GrandPrix247.com
F1 champion to end 28-year full-time racing career
Full-time racing is off the cards for Jenson... Read More »
40m ago from RacingNews365.com
