News Details

Midfield teams can win races with new prize fund distribution - Brawn

While the introduction of the budget cap has snapped up the lion’s share of the headlines with regards to F1’s upcoming new commercial agreement, a fresh manner in which the prize money is distributed will be just as significant a development for some teams. With the latest agreement centres primarily around sustainability – a motivation intensified by the coronavirus crisis – F1 will introduce the much-debated cost cap in 2021 in an effort to reward teams that spend wisely rather than sizeably. However, the new agreement will also see a new prize money structure introduced to ensure a fairer split of the pot at the end of a season. Currently payments are granted on a sliding scale...
Full Story »
4y ago from Crash.net 0
Share

You May Also Be Interested In...

Distribution prize money in F1 also tackled:...

Ross Brawn has explained the budget cap of 145 million dollars that...
4y ago from GPBlog.com

Formula 1 confirms new prize-fund plans

Formula 1's midfield teams should be able to make "a small...
4y ago from GPFans.com

Brawn: Formula 1 cost cap will now start at...

Formula 1 has agreed a $145 million budget cap for teams next year and...
4y ago from GrandPrix247.com

Formula 1 return is about people's livelihoods,...

Formula 1 managing director of motorsports, Ross Brawn, says that there...
4y ago from GPFans.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...

Popular On IndyCarToday.com

AJ Foyt technical director Michael Cannon leaves team

Michael Cannon, AJ Foyt Racing’s revered engineer and technical...

Chip Ganassi Racing announces driver development...

Chip Ganassi Racing has launched a new driver development program, which...

Popular On TotalWRC.com

Popular On GunnersToday.com

Director sets date to leave current club as Arsenal...

Real Sociedad director Roberto Olabe is reportedly leaving the club at the...
1h ago from CaughtOffside.com

Arsenal amongst several clubs beaten by Newcastle to...

Newcastle United continue to look across the globe for the world's best...
3h ago from CaughtOffside.com

Comments

Hottest News

Ferrari announce new major F1 sponsor

Ferrari has put pen to paper on a new major F1... Read More »
3h ago from RacingNews365.com

F1 team announce MAJOR signing for 2025

A Formula 1 team have announced a major signing... Read More »
41m ago from GPFans.com

Red Bull tipped for TWO 2025 driver signings in Perez...

A Formula 1 rookie is 'almost certain' to replace... Read More »
2h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.