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Budget cap is crucial say Renault

Renault team principal Cyril Abiteboul believes agreeing on a cost cap is more important than technical regulations for 2021. Liberty Media will meet with the FIA and all ten teams on Tuesday as they look to set out their blueprint for Formula 1 post 2021. However, Abiteboul believes technical talk can wait, because the financial side of the sport is what needs urgent change. Speaking to Motorsport.com, he said: “There is lots of dialogue between the teams and F1 and the FIA, in particular on the budget cap. 'That’s a very complex set of new regulations, and something that did not exist. 'So every day, every week, we are making progress to address some of the concerns. 'As far...
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