News Details
Carey confirms budget cap 'dry run' for teams in 2020
Formula 1 CEO Chase Carey has confirmed that the spending of all ten F1 teams will be monitored next season, a year ahead of the formal introduction of the sport's $175m budget cap. F1, the FIA and the teams have agreed on cost cutting measures from 2021, with spending capped at $175m. However, the number excludes a series of significant items, including drivers' salaries, engine costs and marketing expenses. But properly policing the budget cap by the sport's legislators is obviously crucial to its reliable implementation. Formula 1 enjoys increase in revenue for second quarter 2019 Formula 1 will therefore undergo a "dry run" in 2020, with teams invited to open their books for...
Full Story »
Full Story »
You May Also Be Interested In...
Next F1 season will be used as a test for the budget...
One of the biggest talking points outside of car design is the budget...
6y ago from GPBlog.com
Teams Agree to Expand Formula 1 Calendar to Twenty-Two...
Formula 1 looks set to have its longest ever season
in 2020, with teams...
6y ago from TheCheckeredFlag....
F1 agrees to cost cap but will $175M bring new teams?
I was reading an article over at Autosport today about the proposed cost...
6y ago from TheParcFerme.com
Engine allocation could decide 22-race calendar for...
The prospect of the Spanish Grand Prix remaining on F1's schedule in 2020...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez has been struggling in MotoGP this...
No description available...
23h ago from Motorsport.com
Renovations begin at Goiania after MotoGP's...
No description available...
7m ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
1d ago from Motorsport.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
5d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
6d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
5d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sources: Liverpool have held transfer 'meeting' with...
Liverpool have already had a meeting with the Gestifute agency...
27m ago from CaughtOffside.com
“I couldn’t connect to the fans” - Willian opens...
Former Chelsea and Arsenal star Willian has revealed that he disregarded...
1h ago from SportsKeeda.com
Viktor who? Sporting’s new Gyökeres has sights...
Sweden striker’s goals had inspired Sporting for two years but in...
1h ago from TheGuardian.com
Director breaks silence on future of 'very important'...
AC Milan sporting director Igli Tare has spoken out on the future of star...
2h ago from CaughtOffside.com
Comments
Hottest News
F1 insider reveals reason behind Christian Horner and...
An insight into Adrian Newey's Red Bull exit in... Read More »
2h ago from GPFans.com
Adrian Newey Honda request at the heart of Aston Martin F1...
An F1 insider has suggested that an Adrian Newey... Read More »
57m ago from GPFans.com
F1 News Today: Max Verstappen lines up replacement as...
Max Verstappen has lined up a replacement racing... Read More »
2h ago from GPFans.com
