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New FIA rule could crush Ferrari budget cap roadblock
A safeguard clause added to the FIA's sporting code could quell Ferrari's efforts to prevent a lowering of Formula 1's budget cap for 2021. Formula 1's economic downturn amid the global coronavirus pandemic has led the sport's midfield teams to lobby for a reduction of next year's cost cap threshold below the previously agreed $150 million level. However, Ferrari has opposed any additional reduction, arguing that another cutback would lead to painful layoffs in Maranello. But F1's smaller teams - led by McLaren - have grown frustrated lately with the Scuderia's inflexible stance, taken at a time of extreme crisis for the sport. Those teams now appear have the FIA on their side following...
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