News Details

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...
Full Story »
5y ago from Crash.net 0
Share

You May Also Be Interested In...

Norris and Sainz take pay cuts as McLaren place staff...

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
5y ago from GPFans.com

McLaren first F1 team to furlough staff

Apr.2 McLaren is the first Formula 1 team to officially furlough most of...
5y ago from OneStopStrategy.com

Norris and Sainz take pay cuts as McLaren furlough...

Formula 1 stars Carlos Sainz and Lando Norris have volunteered to take...
5y ago from GPFans.com

Russell and Latifi take pay cuts, Williams furlough...

Williams drivers George Russell and Nicolas Latifi have taken 20% pay...
5y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez secures Assen MotoGP Sprint victory

Marc Marquez secured an impressive MotoGP Sprint race victory in Assen...

Popular On IndyCarToday.com

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal and Man United keen on star who...

AS Roma defender Evan Ndicka has been linked with a move away from the...
32m ago from CaughtOffside.com

'As of today….': Club captain drops latest...

Arsenal have been linked with a move for the Valencia defender Cristhian...
22m ago from CaughtOffside.com

“I hope it continues like this” - Valencia captain...

Valencia captain Jose Gaya has shared his thoughts on Arsenal's reported...
1h ago from SportsKeeda.com

Arsenal have 'made enquiries' for 25-G/A star but five...

Crystal Palace attacker Eberechi Eze has been linked with a move away from...
2h 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.