News Details
Cost cap debate rumbles on with R&D on the table
Monday's meeting of the Formula 1 team bosses and F1 chiefs ended without a firm decision being made on the lowering of the budget cap. Formula 1 boss Chase Carey and sporting boss Ross Brawn held a telephone conference with the 10 team bosses on Monday afternoon. According to reports the meeting lasted the entire afternoon with no firm decisions being made. The main topic was the budget cap. Formula 1 was set to introduce a $175m cap next year with all 10 team bosses agreeing to lower than to $150m. But, in light of the ongoing financial crisis that has seen McLaren, Williams, Racing Point and Formula 1 furlough staff, the sport's smaller teams are pressing for that to be further reduced...
Full Story »
Full Story »
5y ago from PlanetF1.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
F1 and teams agree to consider changes to budget cap...
Formula 1 bosses and the teams agreed at a meeting on Monday to consider...
5y ago from F1i.com
‘Fragile Formula 1 could lose four teams'
Ahead of Monday's meeting to discuss lowering next year's budget cap, Zak...
5y ago from PlanetF1.com
F1 teams meet Monday: Small teams want even lower...
The Formula 1 season is still at a standstill and that has consequences...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
2h ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
6h ago from Motorsport.com
Why Yamaha was disappointing on 2026 MotoGP rider...
No description available...
1d ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
1d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
1d ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
3d ago from Motorsport.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
1w ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Paul Merson predicts Liverpool vs Arsenal and other...
We had an incredible finish to gameweek 2 on Monday. Newcastle and...
2h ago from SportsKeeda.com
Eze, Madueke and Arsenal's early test of depth against...
The last time Arsenal visited Anfield, for the 2-2 draw with Liverpool in...
3h ago from SkySports.com
Madueke or Nwaneri? Arsenal expert names who he...
Arsenal FC journalist Charles Watts has provided his insight into how...
3h ago from CaughtOffside.com
'From a conversation I've had…' – Arsenal...
Arsenal FC expert Charles Watts has provided some reassuring insight into...
5h ago from CaughtOffside.com
Comments
Hottest News
FIA alters long-standing rule to shake up Dutch GP...
Formula 1 teams will have more freedom with race... Read More »
4h ago from F1i.com
'Twenty years older and $1billion poorer': F1 fans...
Fans have been left astonished by a photo of a... Read More »
8h ago from GPFans.com
Sergio Perez reveals Max Verstappen gesture: 'He was the...
Sergio Perez has disclosed the reaction from his... Read More »
4h ago from RacingNews365.com