News Details
FIA details regulations for 2021 budget cap
The FIA has revealed its regulations for the budget cap set to be introduced with the 2021 Formula 1 season, explaining how teams must report their spending in the sport's new era. The budget, which is set at $175 million USD for a 21-race season, is an initiative of the FIA and F1 owners Liberty Media that aims to achieve three primary objectives: to promote the competitive balance of the Championship; to promote the sporting fairness of the Championship; and to ensure the long-term financial stability and sustainability of the F1 Teams Additionally, the regulatory document, released on Friday after 2020's first meeting of the World Motorsport Council, promises to preserve 'the unique...
Full Story »
Full Story »
6y ago from GrandPrix247.com
0
You May Also Be Interested In...
FIA confirms technical changes to 2021 regulations
The FIA has confirmed additional changes to the 2021 Technical...
6y ago from FormulaSpy.com
Verstappen: Budget cap won't make a difference in 2021
Max Verstappen reckons the budget cap set to be introduced for the 2021...
6y ago from GPFans.com
Self-policing key part of 2021 F1 financial...
Formula 1's Managing Director of Motorsport Ross Brawn is
certain teams...
6y ago from MotorsportWeek.com
Verstappen doesn't think budget cap will impact F1...
Max Verstappen reckons the budget cap set to be introduced for the 2021...
6y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati playing “catch-up” to Aprilia but insists...
No description available...
4h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
5h ago from MotorsportWeek.c...
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
1d ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
6d ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
3d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
6d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Southampton social media brutally trolls Arsenal after...
Southampton’s social media team has added salt to the wounds of the...
4h ago from CaughtOffside.com
Alan Shearer makes bold Premier League title...
Newcastle United legend Alan Shearer believes that Arsenal will find it...
4h ago from SportsKeeda.com
Arsecast Extra Episode 689 – 05.04.2026
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
3h ago from Arseblog.com
Mikel Arteta takes full responsibility for Arsenal's...
Arsenal boss Mikel Arteta attributed the team's 2-1 FA Cup quarter-final...
5h ago from SportsKeeda.com
Comments
Hottest News
Red Bull reveals why it is so far behind the competition in...
Red Bull is paying a heavy price for a decision... Read More »
1h ago from MotorsportWeek.com
F1 team principals: Wheatley gone, Newey shock and Vasseur...
Here are the team principals in charge at the 11... Read More »
1h ago from GPFans.com
George Russell and Kimi Antonelli 'absolutely certain' to...
George Russell and Kimi Antonelli enjoy a strong... Read More »
38m ago from RacingNews365.com
