News Details

Formula 1's top three agree on budget cap

Red Bull motorsport advisor Dr Helmut Marko says the team, Mercedes and Ferrari are all in agreement over the proposed introduction of a budget cap. However, he also confirmed that reports of an agreement being reached with the sport's owners Liberty Media are inaccurate. It had been suggested that a recent F1 strategy group meeting had concluded with teams agreeing on a sliding scale of budget caps – a less expensive grid being one of Liberty's major aims for Formula One. While Ferrari and Mercedes have previously been very vocal against a budget cap, Marko suggested they are now starting to be won over. Speaking to Auto Bild, Marko said: 'We are still a long way from an agreement....
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Helmut Marko on budget cap

Helmut Marko believes that plans for a budget cap in Formula 1 have not...
5y ago from GPBlog.com

Budget cap not close to agreement - Marko

Dr Helmut Marko has slammed the brakes on reports that F1 is now close to...
5y ago from OneStopStrategy.com

Red Bull agree with Ferrari and Mercedes over 2021...

Red Bull motorsport advisor Dr Helmut Marko says recent reports suggesting...
5y ago from GPFans.com

Marko: Formula 1 is a long way from Budget Cap...

The elephant in the room every time Formula 1 stakeholders meet is the...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Jack Miller: ‘I haven't met my expectations'...

Jack Miller believes 'I haven't met my expectations' as he assessed his...
16h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Bukayo Saka breaks silence after hamstring injury as...

Arsenal winger Bukayo Saka shares an update on social media after...
7h ago from SportsMole.co.uk

Timber puts faith in Martinelli to fill Saka role in...

t;li>Defender concedes that Arsenal will miss Saka’s threatTimber:...
9h ago from TheGuardian.com

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.