News Details

Cost cap important for a 'healthier sport'

There is a clear financial gap between the top three teams and the rest of the field and Chase Carey believes Formula 1 needs to introduce a cost cap for a "healthier sport". A cost cap is one of the biggest features discussed ahead of the proposed regulation changes to be introduced for the 2021 season. The cap has been reported to be $175 million in an attempt to level to the playing field and to make the sport more of an enticing product. The deadlines for the regulations to be confirmed is October and Carey believes it is paramount a cost cap is introduced to the sport. "Clearly one of the goals in terms of the cost cap is to create a healthier sport," he told Wall...
Full Story »
6y ago from GPBlog.com 0
Share

You May Also Be Interested In...

‘Vast chasm between top-three and the rest'

Formula 1 has to take steps to close the gap between the top-three teams...
6y ago from PlanetF1.com

Brawn: Hungarian GP demonstrated ‘chasm’ in...

Formula 1's ‘big three' again filled the podium places in Hungary...
6y ago from SpeedCafe.com

Brown says next F1 boss must come 'without baggage'

McLaren CEO Zak Brown says that whoever takes over from Chase Carey as...
6y ago from F1i.com

Teams Agree to Expand Formula 1 Calendar to Twenty-Two...

Formula 1 looks set to have its longest ever season in 2020, with teams...

Elsewhere On The Network

Popular On MGPToday.com

Massimo Rivola: Aprilia has become the ‘benchmark’...

Massimo Rivola has admitted that Aprilia has become the current reference...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Kalle Rovanpera returns to WRC with Subaru

Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...

Popular On GunnersToday.com

Formal offer expected: Arsenal favourites over Bayern...

Arsenal are reportedly expected to make a formal offer for the transfer of...
1h ago from CaughtOffside.com

'He was all over the place' - Alan Shearer names 3...

Premier League legend Alan Shearer has called out 3 Arsenal players for...
59m ago from SportsKeeda.com

Sources: Arsenal have advantage over Liverpool in...

Arsenal have been linked with Yan Diomande and my understanding is that...
30m ago from CaughtOffside.com

Fabrizio Romano says Arsenal transfer target has...

Arsenal fans may be interested to hear that Fabrizio Romano rates the...
3h ago from CaughtOffside.com

Comments

Hottest News

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.