News Details
F1 budget cap could be phased in from 2019
Initial proposals for a budget cap in Formula 1 are likely to be submitted to teams at next Tuesday's Strategy Group meeting. Recent reports suggested the imposition of a $150M limit on spending, but Germany's Auto Motor und Sport believes the figure will actually be 150M euros and could go as low as 100M euros. The publication also reports that the budget cap would likely be applied incrementally, with 2019 determined to be a "trail year", with no penalties for overspending and the specific cap to not include driver, top management or marketing costs. Ferrari's Marchionne threatens to pull out of F1! "Each team will get an independent FIA accountant assigned to them,"...
Full Story »
Full Story »
You May Also Be Interested In...
Liberty proposals could see top teams lose £155m
On the day F1 expects to hear the proposals for the new (2021) engine...
7y ago from Pitpass.com
Budget restrictions to begin in 2019?
The lack of outright hostility towards the proposed engine rules for 2021...
7y ago from Pitpass.com
Current Manufacturers not ‘particularly impressed’...
The current engine suppliers were not impressed by Formula 1’s bosses...
7y ago from TheCheckeredFlag....
Aston Martin 'encouraged' by engine proposals
One of the key aims of the 2021 engine formula is to encourage new...
7y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Why Trackhouse felt pressure from its NASCAR success...
No description available...
8h ago from Motorsport.com
Francesco Bagnaia explains Australian GP crash: “I...
No description available...
12h ago from Motorsport.com
From NASCAR to MotoGP, every time Trackhouse has...
No description available...
9h ago from Motorsport.com
Marco Bezzecchi credits Aprilia strategy en route to...
Marco Bezzecchi credited Aprilia's strategy that helped him overcome a...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher is “very open” to exploring an...
No description available...
5d ago from Motorsport.com
Rinus VeeKay wants “to make it hard on everybody”...
No description available...
4d ago from Motorsport.com
WATCH: Alex Palou talks F1 dream, perfecting his craft...
No description available...
5d ago from Motorsport.com
Rinus VeeKay signs with Juncos Hollinger Racing for...
Juncos Hollinger Racing has announced that it has signed Rinus VeeKay for...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Thierry Neuville thankful for WRC safety protocols...
No description available...
4h ago from Motorsport.com
Kalle Rovanpera even hungrier for third WRC title...
No description available...
4h ago from Motorsport.com
Kalle Rovanperä wins the Central European Rally –...
The final day of the Central European Rally saw Sebastien Ogier return to...
8h ago from MotorsportWeek.c...
WRC Central Europe: Kalle Rovanpera wins as Toyota...
No description available...
9h ago from Motorsport.com
Popular On GunnersToday.com
Jamie Redknapp is full of praise for 'fabulous'...
In a performance that reaffirmed his growing importance at Arsenal, Bukayo...
8h ago from CaughtOffside.com
Alan Shearer makes Viktor Gyokeres claim that might...
Arsenal striker Viktor Gyökeres has found himself under growing scrutiny...
13h ago from CaughtOffside.com
Fulham 0-1 Arsenal: Trossard/set-piece again, Olé Olé
Match report – Player ratings – Arteta reaction – Video...
14h ago from Arseblog.com
Sources: French attacker is being closely monitored by...
A new name is starting to capture the attention of Europe’s biggest...
16h ago from CaughtOffside.com
Comments
Hottest News
Breaking: Red Bull summoned to US GP stewards after Max...
Red Bull is facing a trip to the stewards in... Read More »
58m ago from RacingNews365.com
F1 2025 United States Grand Prix – Race Results
Max Verstappen controlled proceedings as he won... Read More »
1h ago from MotorsportWeek.com
'It's F1 for dummies!' Fans slam new Martin Brundle grid...
A new take on Martin Brundle’s F1 grid walk did... Read More »
58m ago from GPFans.com
