News Details
Liberty: ‘Huge progress' made in 2021 talks
Liberty Media CEO Greg Maffei has said that Formula 1 and its teams are now only “tens of millions apart” on a cost cap from 2021. As part of Liberty's vision for the sport after 2021, a cost cap had been proposed, but convincing the top three – Mercedes, Ferrari and Red Bull had been proving difficult. However, news that the negotiations have progressed to the point where an agreement is just 'tens of millions' away will come as a boost to teams such as Renault, McLaren and Williams who have regularly shown their support for a budget cap. “I think that huge progress has been made,” Maffei told the audience at a media and communications conference in New York. “Sure there...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes doing ‘too well', says Liberty Media
Liberty Media CEO Greg Maffei believes Mercedes are 'doing too well' and...
5y ago from PlanetF1.com
Mercedes doing ‘too well' says Liberty Media
Liberty Media CEO Greg Maffei believes Mercedes are 'doing too well' and...
5y ago from PlanetF1.com
Mercedes' dominance frustrating Liberty Media
Liberty Media chief executive Greg Maffei says Mercedes' record-breaking...
5y ago from GPFans.com
Mercedes is doing too well says Liberty boss Maffei
The billboard just down the road from Pitpass HQ proclaims that F1 is...
5y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Is it fair to brand MotoGP 2024 "a championship...
No description available...
6h ago from Motorsport.com
Aki Ajo appointed as factory KTM Team Manager from 2025
KTM has announced that Aki Ajo will lead the project as its new Team...
9h ago from MotorsportWeek.c...
Aki Ajo confirmed as KTM MotoGP team manager
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood sees season-ending pole, performance as...
No description available...
4h ago from Motorsport.com
Rinus VeeKay now free agent for 2025 after confirming...
No description available...
1w ago from Motorsport.com
Confirmed: Michael Andretti transitioning out of...
No description available...
3d ago from Motorsport.com
Michael Andretti to transition away from operations at...
Andretti Global confirmed on Friday afternoon that the team’s CEO and...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Stewards reject Solberg protest, Rossel keeps WRC2...
No description available...
16h ago from Motorsport.com
Kalle Rovanperä wins tasty Chile Rally
Toyota Gazoo Racing bounced back in style on the final gravel event of...
1d ago from MotorsportWeek.c...
Toyota 'back in the fight' for WRC title after Rally...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal’s Mikel Arteta primed for reunion with Paris...
ners manager prepares for a glamour Champions League tie, facing the club...
1h ago from TheGuardian.com
Arteta explains how Arsenal star has taken his game to...
Arsenal manager Mikel Arteta has singled out Gabriel Magalhaes for praise...
1h ago from CaughtOffside.com
Exclusive: 'They will be looking' – Expert makes...
Arsenal are expected to sign a new midfielder in the summer of 2025,...
15m ago from CaughtOffside.com
Mikel Arteta receives huge boost with positive injury...
Arsenal have been handed a huge boost with Mikel Merion returning to first...
2h ago from CaughtOffside.com
Comments
Hottest News
Horner delivers CRUSHING Ricciardo news as Verstappen...
Daniel Ricciardo was dealt a fresh career blow by... Read More »
1h ago from GPFans.com
BREAKING: Renault finally reach decision over F1 engine...
Renault has finally reached a decision on its... Read More »
7h ago from RacingNews365.com
Kelly Piquet drops cryptic Verstappen future clue
Kelly Piquet has provided a cryptic clue... Read More »
2h ago from GPFans.com
