News Details

Brown: Teams against cap reduction are playing with fire

Formula 1's biggest spenders need to consider what is good for the health of the entire grid and not just themselves, says McLaren CEO Zak Brown. A hot topic at the latest round of crisis-talks between F1 bosses on Monday, it is believed McLaren is leading calls for further reductions on F1's soon-to-be-introduced budget cap, but has been met with resistance from at least two major teams — reportedly Ferrari and Red Bull. Under the original agreement, teams were to have a $175 million cap on spending from the 2021 season onward, but the financial realities of COVID-19 have led all to agree to reduce that number to $150m. However as Brown told Sky Sports F1, that number should be...
Full Story »
5y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Formula 1 crisis talks: teams discussing further...

Set to be introduced in 2021, Formula 1 could see its $175 million cost...
5y ago from GrandPrix247.com

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

‘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 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

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

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

Arsenal have been linked with a move for the Valencia defender Cristhian...
1h ago from CaughtOffside.com

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

AS Roma defender Evan Ndicka has been linked with a move away from the...
1h ago from CaughtOffside.com

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

Valencia captain Jose Gaya has shared his thoughts on Arsenal's reported...
2h 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...
3h 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.