News Details

Williams 'Will Close' If There's No Budget Cap – Claire Williams

Claire Williams has stated that Williams Martini Racing “will close” if a proposed budget cap doesn’t come to fruition in 2021. Formula 1 owners Liberty Media presented their plan for the 2021 regulations to all the teams shortly before the 2018 Bahrain Grand Prix. High on the agenda was a budget cap that restricted team spending, allowing for smaller teams such as Williams to narrow the gap to the sport’s top three. But not all teams were smitten with the proposed changes, particularly the cap on spending. Williams, however, has made it clear that the iconic outfit will cease to operate if that budget cap isn’t part of the new regulations. “If I look at it from my perspective,...
Full Story »
Share

You May Also Be Interested In...

May deadline for 2021 F1 engine regulations

Formula 1 will have new engine regulations in 2021 Liberty has set a May...
7y ago from SpeedCafe.com

Williams warns F1: ‘We could close down'

Williams' deputy team principal Claire Williams has cast doubt on the...
7y ago from PlanetF1.com

F1 sets 2021 engine deadline

F1 chiefs are aiming to agree on the sport's 2021 engine regulations with...
7y ago from SkySports.com

2021 F1 engine rules deadline must be respected –...

Ferrari team principal Maurizio Arrivabene says it is essential Formula 1...
7y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Andretti Global belatedly accepts Indy 500 post-race...

Two Andretti Global entries were among the cars that received post-race...
49m ago from MotorsportWeek.c...

Veteran engineer Michael Cannon returns to Dale Coyne...

Dale Coyne Racing has announced that it has re-hired expert engineer...

Three drivers lose Indy 500 finishing positions after...

The NTT IndyCar Series has penalized three drivers following the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Joan Garcia: Arsenal can repeat Liverpool transfer...

Arsenal may struggle to win the race for Espanyol goalkeeper Joan Garcia...
2h ago from SportsMole.co.uk

Arsenal and Man United suffer free transfer blow as...

Lille striker Jonathan David is supposedly close to an agreement on...
20m ago from SportsMole.co.uk

Manchester United rival Liverpool & Arsenal for...

Manchester United are reportedly ready to rival Liverpool, Arsenal and...
2h ago from CaughtOffside.com

Arsenal's striker crisis 'shouldn't happen' as Mikel...

Arsenal legend Ray Parlour offers Mikel Arteta one critical piece of...
1h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.