News Details
F1 delays 'crucial' budget cap decision - Todt
Apr.14 F1 has delayed making a decision about how to proceed with further cost cutting measures amid the coronavirus crisis. With several teams - now including Renault - having furloughed staff, a debate is raging about how severely to further reduce the planned 2021 budget cap from $175 million. "On Thursday we had a meeting with just the big teams," FIA president Jean Todt told Auto Motor und Sport. "The crucial meeting was supposed to take place on Friday, but we have postponed it until next week. It's better to wait a week longer and get a better result." It is believed that while Mercedes is open to reducing the cap below $150 million, Red Bull and Ferrari are...
Full Story »
Full Story »
4y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Formula E introduced cost-saving measures
The fully-electric single-seater championship, the Formula E series has...
4y ago from F1Technical.net
Haas has placed its UK staff into furlough
The Haas F1 team also announced cost-cutting measures by placing the...
4y ago from F1Technical.net
Zak Brown calls for lowering the cost cap
McLaren CEO Zak Brown sees the current crisis caused by the coronavirus...
4y ago from F1Technical.net
Formula E delays launch of Gen2 EVO car to 2021/22
Formula E has delayed the introduction of its Gen2 EVO car as part of its...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin vs Francesco Bagnaia: MotoGP title...
The 2024 season finale awaits as Jorge Martin holds a 24-point lead over...
7h ago from MotorsportWeek.c...
Marquez feared his "time was over" in final...
No description available...
8h ago from Motorsport.com
How Martin can clinch the 2024 MotoGP title in the...
No description available...
9h ago from Motorsport.com
2024 MotoGP Barcelona Grand Prix – How to watch,...
No description available...
15h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
1d ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
5d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
2d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal looking to tie down key player to new...
No description available...
1h ago from SportsKeeda.com
Arsenal star Gabriel Martinelli names Manchester...
No description available...
2h ago from SportsKeeda.com
Manchester United and Liverpool among clubs seeking...
No description available...
1h ago from SportsKeeda.com
Liverpool, Arne Slot Premier League favourites: Title...
Sports Mole examines the Premier League title race after Liverpool took a...
1h ago from SportsMole.co.uk
Comments
Hottest News
F1 aiming for rookie race in 2026, changes to starting grid...
The latest meeting of the Formula 1 Commission... Read More »
1h ago from MotorsportWeek.com
Aston Martin's wretched 2024 season made Dan Fallows' F1...
Aston Martin has announced that Dan Fallows will... Read More »
3h ago from MotorsportWeek.com
F1: Formula 1 Commission meeting
The fifth meeting of the Formula 1 Commission... Read More »
1h ago from Pitpass.com
