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COVID-19: Cap changes at centre of new crisis talks
Formula 1 could see a further changes to its incoming budget cap for the 2021 season, with support building for incremental reductions in the latest round of crisis talks on Thursday. An immediate concern with teams suffering under the financial strain of the COVID-19 pandemic, an agreement had been made several weeks ago to lower the original $175m cap figure to $150m, but progress on any further reduction — as desired by the smaller teams — has been difficult to come by. Per reports from Thursday's video conference — which was attended by F1's Chase Carey and Ross Brawn, FIA president Jean Todt and the F1 team principals — a possible compromise is a cap with...
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4y ago from GrandPrix247.com
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