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F1 feared losing teams over no budget cap
Formula 1's sporting director, Ross Brawn, has said there was a fear that teams and manufacturers could have left the sport if there was no budget cap being introduced. From the 2021 season, Formula 1 will be enforcing an initial budget cap of $145m before it drops to $140m in 2022 and then to $135m for 2023, 2024 and 2025. But reaching that agreement was not a straightforward process as the budget cap proved to be a major battleground with teams tried to find the delicate balance of protecting their own interests whilst also safeguarding the future of the sport. But, now the terms have been agreed, Brawn is now confident that nobody, whether that is current team or engine manufacturer,...
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4y ago from PlanetF1.com
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