News Details
Budget cap vital for prospective new F1 teams - Chase Carey
Introducing a cost cap in Formula 1 is essential for prospective new entrants, according to the championship’s CEO Chase Carey. Formula 1 has long strived to introduce a limitation on spending and from 2021 teams will begin to be restricted, with a $175m ceiling – albeit one that does not include elements such as driver salaries, marketing and engine costs – to be implemented. Formula 1’s new-for-2010 teams were partly enticed into the championship on the promise of a budget cap that ultimately never materialised, and all dropped out of the sport without challenging for top positions. The championship’s only new entrant since – Haas – has used the...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Carey confirms budget cap 'dry run' for teams in 2020
Formula 1 CEO Chase Carey has confirmed that the spending of all ten F1...
5y ago from F1i.com
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...
5y ago from GPBlog.com
F1 teams to decide 2020 Spanish GP fate
Aug.2 It could be up to the teams whether Barcelona keeps its place on...
5y ago from OneStopStrategy.com
F1 agrees to cost cap but will $175M bring new teams?
I was reading an article over at Autosport today about the proposed cost...
5y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu has ‘opportunities' in...
Kenan Sofuoglu has revealed that Toprak Razgatlioglu has riding...
2h ago from MotorsportWeek.c...
Francesco Bagnaia explains ‘weak point' that...
Factory Ducati rider Francesco Bagania explained his "weak...
3d ago from MotorsportWeek.c...
Jorge Martin provides injury update after Qatar MotoGP...
World Champion Jorge Martin says he is still experiencing “intense...
1d ago from MotorsportWeek.c...
Jorge Martin faces at least two weeks in Qatar hospital
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar outlines replacement driver rules for Indy 500
The NTT IndyCar Series has released updated guidelines that will be...
1d ago from MotorsportWeek.c...
NFL star Rob Gronkowski named Grand Marshal of Indy...
Indianapolis Motor Speedway announced a unique appointment on Wednesday,...
2d ago from MotorsportWeek.c...
IndyCar sees 50% viewership drop on FOX after going...
No description available...
4d ago from Motorsport.com
From Europe to America: Dennis Hauger on why he...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Details of WRC’s first rally in Paraguay emerge
No description available...
1w ago from Motorsport.com
Outback diplomacy: Finnish ambassador braves...
o Haapea hopes to raise $30,000 for cancer research as he navigates the...
1w ago from TheGuardian.com
Popular On GunnersToday.com
Fabrizio Romano reveals Liverpool have the edge over...
Fabrizio Romano has provided an update on the futures of three key players...
1h ago from CaughtOffside.com
'Like when Barca had Messi' – Arsenal transfer...
Arsenal have been strongly linked with a move for an exciting talent in La...
30m ago from CaughtOffside.com
Arsenal plotting move for 24-year-old Premier League...
Arsenal are reportedly plotting a move for Newcastle United winger Anthony...
1h ago from SportsKeeda.com
Arsenal target comments on future amid Chelsea...
Sporting CP striker Viktor Gyokeres has left the door open on a potential...
3h ago from SportsKeeda.com
Comments
Hottest News
FIA confirm Red Bull change as extreme conditions hit Saudi...
The FIA have confirmed that Red Bull have made... Read More »
1h ago from GPFans.com
F1: There's more to come, insists Vasseur
As Lewis Hamilton continues to struggle,... Read More »
1h ago from Pitpass.com
Helmut Marko identifies dream Red Bull replacement
Who does Helmut Marko want to replace him when he... Read More »
7h ago from RacingNews365.com
