News Details
Cap will make F1 sustainable, but still premier series, says Ferrari
Formula 1’s budget cap will ensure the championship remains
sustainable for each team, according to Ferrari, will retaining its status as
the premier motorsport category. Prior to the outbreak of the coronavirus pandemic Formula 1 had
signed-off on implementing Financial Regulations for the first time in its
history, to be introduced in 2021. A figure of $175m per annum, excluding some costs relating
to engine development, marketing and driver salaries, had been agreed, in a bid
to control excessive levels of spending. But the pandemic has already prompted a re-think and the cap
is poised to be reduced to $145m. “There has been significant progress on numerous measures to
freeze...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Brown: There’s an opportunity here to level the...
The opposition of big teams must not deter the FIA from implementing its...
5y ago from GrandPrix247.com
Brawn: Budget cap of $145m agreed for 2021
A greatly reduced budget cap for the 2021 season has been agreed upon...
5y ago from MotorsportWeek.com
Coronavirus patients to be treated at Mexican GP venue
Patients diagnosed with coronavirus who require hospitalisation
are set...
5y ago from MotorsportWeek.com
‘Ferrari has agreed to reduced cap but…'
Good news for McLaren and others wanting a lower budget cap, Ferrari has...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo rates his 2025 MotoGP campaign 5/10
No description available...
14h ago from Motorsport.com
MotoGP exploring options to return to China after...
MotoGP series promoter Dorna is reportedly considering a return to China...
21h ago from MotorsportWeek.c...
Why KTM would be wise to prepare for a future without...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
11h ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
15h ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why WRC drivers thought Rally Saudi Arabia was too...
No description available...
1d ago from Motorsport.com
Ott Tanak looking forward to break from full-time...
No description available...
2d ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Rotation needed and height required as Brentford visit
Morning. It's Brentford at home tonight as the games keep coming. Mikel...
12m ago from Arseblog.com
Arsenal vs Brentford Prediction and Betting Tips |...
Arsenal and Brentford will battle for three points in an all-London affair...
11h ago from SportsKeeda.com
Theo Walcott makes claim about Chelsea's PL title...
Former England star Theo Walcott believes Chelsea are a threat to Arsenal...
12h ago from SportsKeeda.com
Arsenal, Chelsea and Liverpool learn asking price for...
Real Madrid midfielder Eduardo Camavinga has been linked with a move away...
13h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Christian Horner plan materialises as Aston...
Christian Horner's 'cunning plan' to snatch the... Read More »
1h ago from GPFans.com
McLaren bosses ‘most clueless in F1' – Uhl
Dec.3 Two prominent paddock voices have... Read More »
12m ago from OneStopStrategy.com
Red Bull told Hadjar of 2026 promotion ‘last week'
Dec.3 Isack Hadjar says his Red Bull promotion... Read More »
12m ago from OneStopStrategy.com
