News Details
Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all its manufacturers had it not reduced its budget cap for 2021. Teams were initially set to deal with a spending limit fixed at $175 million, but the onslaught of the coronavirus pandemic and its economic impact on F1 forced an additional cut-back to $145 million. Brawn reckons that change was crucial in convincing all manufacturers to remain in the sport. "This crisis gave us the opportunity that we knew the budget cap always would," Brawn said, speaking at this week's FIA eConference. "Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis...
Full Story »
Full Story »
You May Also Be Interested In...
Reduced Budget Cap Could Tempt New Manufacturers to...
The reduced budget cap being introduced into the Formula 1 regulations...
5y ago from TheCheckeredFlag....
''Without the lower budget cap, we would have had...
Ross Brawn, Chase Carey and the Liberty Media team have done their utmost...
5y ago from GPBlog.com
Racing Point: 'Budgetcap will only have a real impact...
From 2021 there will be a budget cap in Formula 1. From that moment on,...
5y ago from GPBlog.com
F1 couldn't have retained manufacturers without budget...
As the world ponders the inevitable financial meltdown that is almost...
5y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
46m ago from MotorsportWeek.c...
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
21h ago from Motorsport.com
How Pirelli is preparing its MotoGP 2027 takeover
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu aims to challenge Fabio Quartararo...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
1d ago from Motorsport.com
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
2d ago from MotorsportWeek.c...
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Saudi Arabia: Martins Sesks takes lead, Kalle...
No description available...
3h ago from Motorsport.com
WRC Rally Saudi Arabia: Ott Tanak leads, Sebastien...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
“They rely on set-pieces' - Joshua Kimmich says...
Bayern Munich star Joshua Kimmich has named Paris Saint-Germain as the...
1h ago from SportsKeeda.com
Episode 855 – Bayern battered
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
1h ago from Arseblog.com
Madueke brushes off Arsenal fan criticism of his...
t;li>Forward boosted by backing from supporters at gamesMadueke not...
1h ago from TheGuardian.com
Sources: Man United ready to pay asking price for...
Manchester United are showing an interest in talented young Rennes...
2h ago from CaughtOffside.com
Comments
Hottest News
Ferrari scraps Hamilton-linked ‘F44' project amid...
Nov.27 Fresh tension has emerged at Ferrari as... Read More »
4h ago from OneStopStrategy.com
F1: Stella sheds light on Las Vegas issues
Andrea Stella has given further insight into the... Read More »
1h ago from Pitpass.com
Fernando Alonso issues latest F1 retirement update
Fernando Alonso still has a year left on his... Read More »
3h ago from RacingNews365.com
