News Details
Formula 1 postpone budget cap meeting
Formula 1 have delayed a meeting which was designed to discuss the posibility of lowering the upcoming budget cap until next week. The budget cap is set to come in for 2021, even though the new regulations have been pushed back until 2022, with a limit of $175m for a season. However, there are major exemptions such as driver salaries, wages for the top three executives in a team and engine costs. A deal has been reached in principal to now lower this cap to $150m with the same exemptions, but the top three teams are concerned over talks to lower it even further – McLaren CEO Zak Brown has warned that Ferrari and Red Bull are playing with fire over the cap. Mercedes, Ferrari and Red...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Formula 1 budget cap meeting postponed
A meeting of Formula 1 bosses to discuss a lowering of the sport's budget...
4y ago from BBC.co.uk
F1 teams agree to explore budget cap further after...
Formula 1 bosses ended their crisis meeting on Monday with an agreement to...
4y ago from BBC.co.uk
Cost cap debate rumbles on with R&D on the table
Monday's meeting of the Formula 1 team bosses and F1 chiefs ended without...
4y ago from PlanetF1.com
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
KTM already working on 2027 MotoGP rules as it...
No description available...
2h ago from Motorsport.com
KTM avoids talking about crisis at 2025 MotoGP launch:...
No description available...
8h ago from Motorsport.com
KTM riders Brad Binder and Pedro Acosta discuss 2025...
Factory KTM riders Brad Binder and Pedro Acosta discuss their respective...
8h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
PREMA completes first on-track IndyCar test session
PREMA Racing conducted its first on-track test session in IndyCar earlier...
17h ago from MotorsportWeek.c...
Zak Brown: IndyCar "should slipstream on the back...
No description available...
1d ago from Motorsport.com
Juncos Hollinger shows off new-look livery for 2025...
Juncos Hollinger Racing unveiled a new look for the 2025 NTT IndyCar...
1w ago from MotorsportWeek.c...
IndyCar takes over promotion of Nashville event
IndyCar’s Music City Grand Prix will be promoted internally by IndyCar...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Fourmaux to keep ‘head on shoulders’ after...
No description available...
8h ago from Motorsport.com
The five big takeaways from the WRC Rally Monte Carlo
No description available...
3d ago from Motorsport.com
Solberg handed penalty for drifting on Monaco GP...
No description available...
3d ago from Motorsport.com
Rovanpera: Difficult WRC Monte Carlo opener “not a...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'We respect people and that is why when I look at him,...
No description available...
58m ago from SportsKeeda.com
Arsenal handed boost as key player likely to be fit to...
No description available...
2h ago from SportsKeeda.com
Arsenal handed FA Charge for behaviour after Myles...
No description available...
2h ago from SportsKeeda.com
Arsenal in race to sign Spurs target after failure to...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Adrian Newey Addresses Red Bull's Downfall Amid Rising...
Red Bull’s 2024 Formula 1 season has been a... Read More »
48m ago from Formula1News.co.uk
Are Ferrari Worried About Lewis Hamilton's Testing Crash?
Lewis Hamilton's highly anticipated debut with... Read More »
48m ago from Formula1News.co.uk
Lewis Hamilton Breaks His Silence on Ditching Mercedes and...
Lewis Hamilton's recent transition from Mercedes... Read More »
58m ago from Formula1News.co.uk
