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Formula 1 set for $175m cost cap from 2021
A cost cap has long been discussed in Formula 1, and on every occasion it has failed to come to fruition, but a new push for a cap to be imposed for 2021 looks set to go through with the agreement of a far more relaxed budget than initially intended. A figure of $175 million (£137m, €154m) has been put forward following lengthy negotiations with the teams, and arguably given the size of the budget, it's clear the big teams have got their way with initial plans for a sliding scale scrapped. Initially it had been proposed to start at $200m, reducing to $150m over a period of five years, but the $175m figure will remain stable from 2021 through 2025 – in fact there is...
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5y ago from MotorsportWeek.com
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