News Details
Binotto suggests different budget limits for different teams
Formula 1 has set a budget limit of 175 million for 2021. An amount that has been discussed for years. Now that the corona crisis is endangering the survival of the smaller F1 teams, the possibility of reducing this limit even further is being discussed (among others by Zak Brown of McLaren). For Mercedes, Red Bull Racing and Ferrari in particular, reducing this budget to, say, 100 million euros would have enormous consequences. In just over a year, they would be left with less than a quarter of their annual budget, making it almost inevitable that many employees would be out on the streets. Read more 'Ferrari tried to avoid longer lockdown due to its own circumstances' Mattia...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Smaller F1 teams target budget cap reduction to $100M!
Formula 1's smaller teams, who are most vulnerable to the sport's...
5y ago from F1i.com
Brown fears F1 will be decimated unless budget cap is...
For some time, there has been speculation over the future of at least...
5y ago from Pitpass.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
Brown warns of 'potentially devastating' threat to F1...
McLaren boss Zak Brown says the coronavirus crisis could threaten the...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
10h ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
13h ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
1d ago from Motorsport.com
FBI seizes $40m collection, including MotoGP bikes,...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
1d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
2d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
1d ago from Motorsport.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
5d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Tactics Column: Aggressive press and Hincapie tweak...
A game of two halves? Not quite. Arsenal finished 2025 with a resounding...
1h ago from Arseblog.com
Man United could make January move for Arsenal...
Manchester United could reportedly be ready to make a move for Rennes...
11h ago from CaughtOffside.com
How to watch Arsenal vs Aston Villa
Arsenal host Aston Villa at the Emirates in a huge Premier League clash at...
15h ago from SkySports.com
Arsenal hoping to repeat Odegaard-type deal and sign...
Arsenal are looking to recreate the conditions of their signing midfielder...
16h ago from SportsKeeda.com
Comments
Hottest News
F1 fans stunned after Valtteri Bottas delivers New Year...
Cadillac F1 star Valtteri Bottas ushered in the... Read More »
2h ago from GPFans.com
Danica Patrick Net Worth vs Kyle Larson Net Worth: Racing...
Danica Patrick and Kyle Larson have both amassed... Read More »
3h ago from Formula1News.co.uk
Lewis Hamilton's F1 boss admits relationship with Ferrari...
Ferrari F1 boss Fred Vasseur has admitted the... Read More »
3h ago from GPFans.com
