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Brown: Teams against cap reduction are playing with fire
Formula 1's biggest spenders need to consider what is good for the health of the entire grid and not just themselves, says McLaren CEO Zak Brown. A hot topic at the latest round of crisis-talks between F1 bosses on Monday, it is believed McLaren is leading calls for further reductions on F1's soon-to-be-introduced budget cap, but has been met with resistance from at least two major teams — reportedly Ferrari and Red Bull. Under the original agreement, teams were to have a $175 million cap on spending from the 2021 season onward, but the financial realities of COVID-19 have led all to agree to reduce that number to $150m. However as Brown told Sky Sports F1, that number should be...
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4y ago from GrandPrix247.com
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