News Details

FIA present F1 teams with final budget-cap numbers of $175m annually

The FIA have presented Formula 1 teams with their final budget-cap of $175m between 2021 and 2025, with the sport's regulation changes coming into fruition. Finally, it looks as if the regulation changes for the 2021 season have FINALLY been decided. According to Auto Motor und Sport, F1 teams will only be allowed to spend $175 million between the seasons of 2021-2025. The plan was concluded on Tuesday earlier this week, something that had been on the minds of team bosses for a substantial amount of time now. Over 14 months, to be precise. From the third year (2024), an inflation supercharge will be introduced to the plan. Mercedes team principal Toto Wolff had this to say on the...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Toto Wolff: Mercedes will compete in Formula 1 until...

It was already clear that Mercedes would continue racing in Formula 1...
5y ago from GPBlog.com

Abiteboul emphasizes that there's no need for drama...

Renault team principal Cyril Abiteboul says there is no reason to panic...
5y ago from GPBlog.com

Abiteboul: June deadline for 2021 rules won't be met

Renault F1 boss Cyril Abiteboul confirmed in Monaco that F1's future...
5y ago from F1i.com

FIA propose new rules and are set to change weekend...

The FIA has proposed a new regulation that would come into place in 2021...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

MotoGP manufacturer KTM set to be saved by major...

MotoGP manufacturer KTM is set to receive financial backing from Bajaj...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Team Penske IndyCar leadership fired over Indy 500...

Team Penske announced on Wednesday morning that it has released three...

Theo Pourchaire partners with Simon Pagenaud to...

Theo Pourchaire has begun working with Simon Pagenaud to help the young...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal transfer news today: Gunners 'seriously...

Arsenal are reportedly seriously considering a move to sign a Real Madrid...
7h ago from SportsMole.co.uk

Arsenal set to battle Manchester United in race to...

Arsenal will look to strengthen in the summer but they are reportedly in a...
5h ago from SportsMole.co.uk

Viktor Gyokeres to Arsenal transfer 'fear' emerges as...

Arsenal journalist Charles Watts would have one 'big fear' if the Gunners...
10h ago from SportsMole.co.uk

Arsenal readying summer move for £100m Chelsea and...

Arsenal intend to sign a new winger this summer, and they have identified...
6h ago from CaughtOffside.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.