News Details
Formula 1 to impose $175m budget cap from 2021
Formula 1 set to introduce $175m budget cap Formula 1 is set to introduce a $175million budget cap on teams for the 2021 season. The budget cap will cover most of the team's expenditure, though with a number of exclusions for costs such as travel, driver remuneration, marketing and hospitality, and part of the power unit costs. Draft copies of the 2021 regulations are understood to have been circulated to teams this week, with a meeting on Thursday in the paddock at Montreal. It's believed another meeting will take place on Sunday morning. The budget cap however is just the tip of the iceberg when it comes to financial changes within the sport going forward. Also being overhauled is the...
Full Story »
Full Story »
6y ago from SpeedCafe.com
0
You May Also Be Interested In...
FIA present F1 teams with final budget-cap numbers of...
The FIA have presented Formula 1 teams with their final budget-cap of...
6y ago from GPBlog.com
$175m cost cap intended for 2021
For as long as anyone can remember, there have been calls to limit team...
6y ago from Pitpass.com
Formula 1 set for $175m cost cap from 2021
A cost cap has long been discussed in Formula 1, and on every occasion it...
6y ago from MotorsportWeek.com
Still major disagreements to iron out over 2021 rules...
Formula 1 CEO Chase Carey has admitted that there are still huge details...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta tops final in-season MotoGP test in Misano
Factory KTM rider Pedro Acosta recovered from a disappointing San Marino...
9h ago from MotorsportWeek.c...
Marc Marquez: Misano MotoGP victory was the...
Marc Marquez bounced back from his first MotoGP Sprint race retirement of...
15h ago from MotorsportWeek.c...
Pedro Acosta tops final in-season MotoGP test at Misano
No description available...
9h ago from Motorsport.com
Fabio Quartararo feeling “worse” on Yamaha’s V4...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
4h ago from MotorsportWeek.c...
IndyCar confirms there will be no race in Mexico in...
No description available...
2d ago from Motorsport.com
IndyCar rules out Mexico City race for 2026
The NTT IndyCar Series has announced that Mexico City will not be...
2d ago from MotorsportWeek.c...
Robert Shwartzman refutes rumors about unhappiness in...
Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera: We need wins for WRC title chance...
No description available...
9h ago from Motorsport.com
Why Elfyn Evans claims "everything is open"...
No description available...
16h ago from Motorsport.com
Oliver Solberg wants “full season in WRC” after...
No description available...
1d ago from Motorsport.com
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arteta believes Arsenal are ‘good enough’ to end...
t;li>Club have spent £250m since last season’s semi-final...
6h ago from TheGuardian.com
'It's a bit of an advantage' -Athletic Club boss...
Athletic Club manager Ernesto Valverde has revealed that Mikel Merino and...
8h ago from SportsKeeda.com
Arsenal prepared to secure 2026 exit for first team...
Arsenal have struggled to offload players in recent years, so there will...
11h ago from CaughtOffside.com
Arsenal v Nottingham Forest: Premier League – live
t;li>Match at Emirates Stadium kicks off at 12.30pm (BST)<a...
2d ago from TheGuardian.com
Comments
Hottest News
DOUBLE driver exit announced ahead of Azerbaijan GP
With the 2025 Azerbaijan Grand Prix less than one... Read More »
19h ago from GPFans.com
F1 stars have chance to break epic nine-year record at...
F1 returns to Baku this weekend for the 17th... Read More »
5h ago from GPFans.com
McLaren to 'review' Norris and Piastri F1 treatment
McLaren F1 team principal Andrea Stella has... Read More »
5h ago from GPFans.com
