News Details
Carey optimistic over budget cap introduction
Formula 1 CEO Chase Carey is optimistic that there is broad agreement within the sport in favour of the phasing in of a budget cap for teams. The topic was one of a number of items on the agenda of the Strategy Group meeting held earlier this week. "I think we have broad-based support for the direction of all the initiatives we're talking about," Carey said in Brazil. "It will create a business model that would first and foremost be beneficial to the existing teams in it," he continued. "I think as a healthier business model it would also entice new teams." Carey said that it was important for the sport to bring in cost controls. He said it would ensure that...
Full Story »
Full Story »
You May Also Be Interested In...
F1 teams in "broad agreement" on spending cap
Formula 1 CEO Chase Carey says there is "broad agreement" from...
7y ago from Motorsport.com
F1 CEO Carey Hits Back at Ferrari: “We don't plan to...
Following criticism from Scuderia Ferrari president Sergio Marchionne...
7y ago from TheCheckeredFlag....
Carey: F1 not looking to follow NASCAR's example
Formula 1 CEO Chase Carey has responded to Ferrari chairman Sergio...
7y ago from Crash.net
Formula 1 boss Chase Carey responds to Ferrari's...
Formula 1 CEO Chase Carey has responded to claims by Ferrari chairman...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez secures Assen MotoGP Sprint victory
Marc Marquez secured an impressive MotoGP Sprint race victory in Assen...
2h ago from MotorsportWeek.c...
MotoGP Dutch GP: Marc Marquez beats brother to latest...
No description available...
2h ago from Motorsport.com
Friday crash to affect Marc Marquez's approach to...
No description available...
18m ago from Motorsport.com
Fabio Quartararo secures impressive pole in Assen...
Yamaha rider Fabio Quartararo set the fastest time to secure an...
6h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
22h ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
1d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
3d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Ott Tanak extends lead as Adrien...
No description available...
6h ago from Motorsport.com
Thierry Neuville slams Hankook tyres at WRC Acropolis...
No description available...
4h ago from Motorsport.com
Extreme heat at the Acropolis Rally just pushed WRC...
No description available...
17h ago from Motorsport.com
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Bukayo Saka tells Tottenham transfer target to join...
Arsenal attacker Bukayo Saka has reportedly told Eberechi Eze to join the...
38m ago from SportsKeeda.com
Ex-Arsenal star among 7 Ajax players banned from...
Ajax have reportedly banned seven players, including former Arsenal star...
38m ago from SportsKeeda.com
Exclusive: Arsenal resume negotiations over 50m winger...
Arsenal are looking to sign a new winger this summer, with the likes of...
1h ago from CaughtOffside.com
Marcus Rashford rejects Chelsea and 2 other Premier...
Manchester United attacker Marcus Rashford has reportedly declined offers...
3h ago from SportsKeeda.com
Comments
Hottest News
F1 Qualifying Results: Verstappen humiliated as Red Bull...
McLaren dominated the first part of qualifying... Read More »
1h ago from GPFans.com
F1 Qualifying Results: Hamilton beats Verstappen as British...
Lando Norris took a dominant pole position at the... Read More »
58m ago from GPFans.com
F1 2025 Austrian Grand Prix – FP3 Results
McLaren's Lando Norris posted the quickest time... Read More »
4h ago from MotorsportWeek.com
