News Details
F1 delays 'crucial' budget cap decision - Todt
Apr.14 F1 has delayed making a decision about how to proceed with further cost cutting measures amid the coronavirus crisis. With several teams - now including Renault - having furloughed staff, a debate is raging about how severely to further reduce the planned 2021 budget cap from $175 million. "On Thursday we had a meeting with just the big teams," FIA president Jean Todt told Auto Motor und Sport. "The crucial meeting was supposed to take place on Friday, but we have postponed it until next week. It's better to wait a week longer and get a better result." It is believed that while Mercedes is open to reducing the cap below $150 million, Red Bull and Ferrari are...
Full Story »
Full Story »
5y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Formula E introduced cost-saving measures
The fully-electric single-seater championship, the Formula E series has...
5y ago from F1Technical.net
Haas has placed its UK staff into furlough
The Haas F1 team also announced cost-cutting measures by placing the...
5y ago from F1Technical.net
Zak Brown calls for lowering the cost cap
McLaren CEO Zak Brown sees the current crisis caused by the coronavirus...
5y ago from F1Technical.net
Formula E delays launch of Gen2 EVO car to 2021/22
Formula E has delayed the introduction of its Gen2 EVO car as part of its...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders say controversial tyre pressure rules...
No description available...
12h ago from Motorsport.com
Details emerge on Marc Marquez rejecting Honda's...
The details of Honda’s proposed colossal contract extension offer to...
15h ago from MotorsportWeek.c...
Jorge Martin to return to Spain on Saturday on a...
No description available...
13h ago from Motorsport.com
Aleix Espargaro “more like a cyclist than a MotoGP...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato reveals 94G impact in 233mph Indy 500...
No description available...
5h ago from Motorsport.com
Scott McLaughlin fastest as speeds top 232mph in Day 2...
No description available...
6h ago from Motorsport.com
Alex Palou tops busy final Indy 500 test day
The NTT IndyCar Series wrapped up a two day test session on Thursday,...
7h ago from MotorsportWeek.c...
Larson, Sato crash in high-boost Indy 500 test session
The second day of IndyCar’s Indy 500 open test opened with qualifying...
13h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA: No plan to change WRC Rally1 rules for 2026 amid...
No description available...
11h ago from Motorsport.com
Fourmaux reacts to support from WRC rivals amid FIA...
No description available...
15h ago from Motorsport.com
M-Sport chief Malcolm Wilson nominated as FIA deputy...
Malcolm Wilson, OBE, and founder of title-winning WRC outfit M-Sport, has...
1d ago from MotorsportWeek.c...
Malcolm Wilson nominated as new FIA deputy...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Arsenal target...
Real Madrid are putting together final preparations ahead of the weekend's...
1h ago from SportsKeeda.com
Premier League and FA Cup semis: 10 things to look out...
lsea to give youth a chance, Ipswich look to prolong the inevitable and...
6h ago from TheGuardian.com
Man United 'to hold key transfer meeting' as deal for...
Manchester United will allegedly meet with Wolverhampton Wanderers next...
11h ago from SportsMole.co.uk
Report: Arsenal striker target would prefer to join...
Arsenal will look to sign a new top-level striker this summer, with new...
12h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen penalty argument compared to 'lifelong...
An unusual comparison by Guenther Steiner,... Read More »
52m ago from RacingNews365.com
Insiders tip imminent retirement for Hamilton
Apr.24 A surprise contender to potentially snap... Read More »
19h ago from OneStopStrategy.com
'It is not a carryover,' claims Vasseur as he opens up...
Following the opening five races of the 2025 F1... Read More »
4h ago from F1Technical.net
