News Details
Constructive' discussion but still no decision on budget cap
Just before Easter, the F1 summit came together to discuss lowering the budget ceiling. The F1 teams, Chase Carey and Jean Todt came to a tentative agreement that the intended budget ceiling could be lowered from 175 million to around 150 million. The talks were resumed on Thursday. Because of the COVID-19 pandemic, changes are not only made to the calendar. For 2021, a budget ceiling of 175 million per team was agreed for all teams. For the F1 and the FIA this amount was still a bit too high at the time. The organization aimed for a ceiling of 130 million. Many teams, especially the large teams like Red Bull Racing, Scuderia Ferrari and Mercedes, did not agree with the 130 million...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
Insight: The best Formula 1 Easter grands prix
There’s no Formula 1 race on Easter Day 2020 – nor was there
meant to...
4y ago from MotorsportWeek.com
Formula Easter, from Russia with love
Have you ever heard of Formula Easter? Probably not – most people...
4y ago from GrandPrix247.com
Todt: Parity between small and big teams in F1 a pipe...
FIA president Jean Todt is in favour of lowering F1's budget cap ceiling,...
4y ago from F1i.com
Todt: Two-tier budget cap is being discussed
FIA president Jean Todt has revealed that a different budget cap for...
4y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo lost Yamaha's best 2024 result by running...
No description available...
2h ago from Motorsport.com
Bagnaia: “Strange” Michelin rear tyre didn’t...
No description available...
5h 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 will take weeks' – Arsenal concerned as...
Arsenal have been without their captain Martin Odegaard for the past...
36m ago from CaughtOffside.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
Wurz: Life-long FIA community service to Steiner for using...
Grand Prix Drivers Association (GPDA) Chairman... Read More »
56m ago from GrandPrix247.com