News Details
Formula 1 teams to meet over budget cap reduction
Formula 1 teams and bosses are to meet next week to discuss a proposal to reduce the sport's budget cap to $130m (£104.6m) by 2022. A meeting on Thursday broke up without agreement but all sides described it as positive and constructive. The main discussion was over a plan to set a cap of $145m (£116.6m) next year and lower it to $130m in 2022. A sliding scale for aerodynamic research was also discussed, with less successful teams allowed more. F1 faces 'difficult' decision to restart racing F1 teams receive 20,000 NHS orders for equipment That was an idea put forward by the top teams, who presented it as an elegant way to level the field, in a similar fashion to the draft in...
Full Story »
Full Story »
You May Also Be Interested In...
Todt pleads for drastic reduction of budget limit:...
As a result of the COVID-19 corona crisis, a number of Formula 1 teams...
5y ago from GPBlog.com
Binotto: Maybe the answer is not a single budget cap
Formula 1 has to consider the 'different situations' some teams find...
5y ago from GrandPrix247.com
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
5y ago from F1i.com
Brown: Teams against cap reduction are playing with...
Formula 1's biggest spenders need to consider what is good for the health...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
19h ago from Motorsport.com
Maverick Vinales undergoes shoulder surgery to remove...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu isn’t satisfied with his...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
1d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
2d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
4d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
1d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
4d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sandro Tonali offers himself to European giants amid...
Newcastle United midfielder Sandro Tonali has reportedly been offered to...
8h ago from SportsKeeda.com
Liverpool eye defensive rebuild with move for 50m...
Arsenal and Liverpool are interested in signing the Atalanta defender...
9h ago from CaughtOffside.com
Arsenal weighing bold move for 'elite-level finisher'...
Arsenal are interested in signing the Real Madrid striker Gonzalo Garcia...
9h ago from CaughtOffside.com
50 La Liga gem attracting serious attention as Arsenal...
Arsenal remain interested in signing the Real Madrid defender Victor...
12h ago from CaughtOffside.com
Comments
Hottest News
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
1d ago from GrandPrix247.com
Ferrari said no to the Lionel Messi of F1
One of Ferrari's F1 rivals are currently reaping... Read More »
10h ago from GPFans.com
2026 F1 car weights revealed as Lance Stroll lands new race...
Catch up on the biggest news stories of the day... Read More »
8h ago from RacingNews365.com




























