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F1 Gossip: Teams split in crunch talks over lowering budget cap
- In the latest F1 crisis meeting, teams argue over lowering the team budget cap, with Ferrari and Red Bull the key opposers reasoning the different team models doesn’t permit for a one-size-fits-all approach. A move to delay the technical rules overhaul by another year to 2023 was rejected. (BBC Sport) - Formula 1 management have opted to place over 200 staff into furlough during the delays to the start of the 2020 season, while senior management figures including CEO Chase Carey and motorsports director Ross Brawn are taking pay cuts believed to be around 20% for two months. (Sky Sports) - The coronavirus pandemic has delayed Mercedes contract renewal talks with Lewis Hamilton, while...
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