News Details
Abiteboul: "The cap is a problem for us"
Cyril Abiteboul has confirmed the budget cap set to arrive in Formula 1 will be a problem for Renault. He goes on to confirm he is desperate for some clarity on the situation before it becomes too late. A budget cap, set to be around $150 million, is expected to arrive in 2021. Abiteboul, boss at Renault tells RaceFans how concerned he is about the future finances. "The cap is really important, because with the cap if we have to be at around $150 [million], we are already above 150. It's a problem, it's a small problem for us, [but] it's a huge problem for [Red Bull], for Ferrari," Abiteboul told Racefans. Teams will begin planning for the 2021 season soon. Financial situations...
Full Story »
Full Story »
6y ago from GPBlog.com
0
You May Also Be Interested In...
Abiteboul ‘Satisfied’ with Double Points Finish...
Cyril Abiteboul says the Renault Sport Formula One Team can be satisfied...
6y ago from TheCheckeredFlag....
Abiteboul 'satisfied' with Singapore result
Renault boss Cyril Abiteboul revealed he is "satisfied" with...
6y ago from GPBlog.com
Prost: Daniel is more expensive but justified
By all reliable accounts, Renault will be dishing out $35-million a year...
6y ago from GrandPrix247.com
Todt: No problem with 22 or 23 F1 races per season
In what will hardly be good news for already stretched Formula 1 teams,...
6y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Acosta on first-lap Barcelona exit: Marquez came in as...
No description available...
6h ago from Motorsport.com
MotoGP Barcelona GP: Bagnaia takes vital sprint win to...
No description available...
10h ago from Motorsport.com
MotoGP Barcelona GP: Bagnaia on pole for finale,...
No description available...
13h ago from Motorsport.com
Bagnaia senses Martin nerves as MotoGP title battle...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
2d ago from Motorsport.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
2d ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
2d ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
1d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
1d ago from Motorsport.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
5d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Alan Shearer refuses to pick any Arsenal or Manchester...
No description available...
5h ago from SportsKeeda.com
Man United 'could use struggling attacker' as a...
Manchester United allegedly eye a move for Napoli striker Victor Osimhen...
6h ago from SportsMole.co.uk
“He’s never hiding” - Kai Havertz names Arsenal...
No description available...
5h ago from SportsKeeda.com
“If Saka is out of the team, maybe they don’t...
No description available...
5h ago from SportsKeeda.com
Comments
Hottest News
F1 legend Brundle shares EMOTIONAL goodbye message
Formula 1 legend Martin Brundle has shared an... Read More »
7h ago from GPFans.com
Horner receives EMOTIONAL message from wife Geri Halliwell
Red Bull Formula 1 boss Christian Horner has... Read More »
2h ago from GPFans.com
Verstappen ISSUE addressed as Red Bull reveal team release...
Max Verstappen's team-mate relationship issues... Read More »
1h ago from GPFans.com
