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
Quartararo lost Yamaha's best 2024 result by running...
No description available...
1h ago from Motorsport.com
Bagnaia: “Strange” Michelin rear tyre didn’t...
No description available...
4h ago from Motorsport.com
Why it’s time for Martin to get his gloves off in...
No description available...
4h ago from Motorsport.com
Francesco Bagnaia: Misano MotoGP crash ‘out of...
Ducati’s Francesco Bagnaia says that his crash at his home MotoGP race...
5h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar announces new charter system for team owners
The NTT IndyCar Series has announced the establishment of a new charter...
2h ago from MotorsportWeek.c...
IndyCar's long-awaited charter system is finally...
No description available...
3h ago from Motorsport.com
FBI descend on Rahal Letterman Lanigan Racing base
According to multiple reports, the Federal Bureau of Investigation (FBI)...
3d ago from MotorsportWeek.c...
Rahal Letterman Lanigan investigated by the FBI: What...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Inside the WRC’s search for its next Michele Mouton
No description available...
3d ago from Motorsport.com
WRC selects women’s driver development programme...
No description available...
4d ago from Motorsport.com
No pressure on Pajari after surprise Toyota Rally1...
No description available...
1w ago from Motorsport.com
Latvala: Toyota needs three full-time WRC drivers in...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Man City vs. Arsenal: Kyle Walker speaks out on free...
Manchester City defender Kyle Walker admits to being perplexed as to how...
2h ago from SportsMole.co.uk
'He should let me get back' - Kyle Walker fumes with...
No description available...
2h ago from SportsKeeda.com
“The two best teams in the country” - Gary Neville...
No description available...
12h ago from SportsKeeda.com
'It's still early in the season' – Manchester City...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Ricciardo F1 career NOT over as opportunities prepare to...
It wasn’t quite so obvious in Singapore, but... Read More »
5h ago from GPFans.com
Horner reveals shock Red Bull driver TARGET amid poor Perez...
Christian Horner has admitted a ‘foolish’ Red... Read More »
9h ago from GPFans.com
Vasseur: Poor qualifying cost Ferrari stronger finish in...
Ferrari team principal Fred Vasseur attributed... Read More »
1h ago from F1i.com