News Details
Formula 1 crisis talks: teams discussing further cost-cap reduction
Set to be introduced in 2021, Formula 1 could see its $175 million cost cap come down to as little as $100 million after the most recent round of crisis talks on Monday. The meeting, which took place via teleconference between F1's team principals, Liberty Media's Chase Carey and Ross Brawn, and FIA president Jean Todt, was set-up to discuss all manner of issues relating to the COVID-19 pandemic's effect on the sport. Per a report from motorsport.com, the only firm conclusion to come out of the talks was Todt's insistence that the new technical regulations (postponed to 2022) would not be delayed any further, while the main topic of discussion was how much further the budget cap could be...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
F1 teams agree to explore budget cap further after...
Formula 1 bosses ended their crisis meeting on Monday with an agreement to...
5y ago from BBC.co.uk
Potential liquidity problem Liberty Media: 'More than...
Liberty Media will have to return some £200 million in entry fees...
5y ago from GPBlog.com
‘Smaller teams want lower cap, Ferrari says no'
Formula 1's smaller teams are pushing for next year's budget cap to be...
5y ago from PlanetF1.com
F1 teams agree budget cap cut - talks ongoing to slash...
Formula 1's 10 teams have agreed on a cut to the budget cap due to come...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
2025 MotoGP Thailand Grand Prix – How to watch,...
No description available...
5h ago from Motorsport.com
The big 2025 lesson Alex Marquez will apply in 2026
No description available...
9h ago from Motorsport.com
Why KTM's MotoGP challenge may no longer be a one-man...
No description available...
10h ago from Motorsport.com
Marc Marquez lacking same strength as last year after...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
How to watch 2026 IndyCar and NASCAR at St. Pete:...
No description available...
2h ago from Motorsport.com
PREMA confirmed to miss opening IndyCar round
PREMA will not be present for this weekend’s season-opening round of...
1d ago from MotorsportWeek.c...
Marcus Ericsson going into 2026 season with “chip on...
No description available...
1d ago from Motorsport.com
Ed Carpenter Racing enter technical partnership with...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
13h ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
1d ago from Motorsport.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I would like to see a change' - Former Manchester...
Former Manchester City and Arsenal star Bacary Sagna has claimed that he...
11h ago from SportsKeeda.com
Will the visit to Dr. Tottenham be a title race...
League titles and big trophies are largely won by tangible elements....
11h ago from Arseblog.com
Paul Merson predicts Arsenal vs Chelsea and other...
Another week rolls on in the Premier League and we've also got Friday...
10h ago from SportsKeeda.com
Episode 865 – Statements (Tim Stillman)
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
12h ago from Arseblog.com
Comments
Hottest News
Aston Martin address Lawrence Stroll sale rumours after...
Aston Martin's CEO has spoken out after the... Read More »
2h ago from GPFans.com
F1MATHS: A Technical Analysis of Formula One’s 2026...
The aerodynamic regulations that will come into... Read More »
40m ago from F1Technical.net
F1 2026 power unit saga takes fresh twist - report
After a compromise was struck during the F1... Read More »
14h ago from RacingNews365.com
