News Details
COVID-19: Cap changes at centre of new crisis talks
Formula 1 could see a further changes to its incoming budget cap for the 2021 season, with support building for incremental reductions in the latest round of crisis talks on Thursday. An immediate concern with teams suffering under the financial strain of the COVID-19 pandemic, an agreement had been made several weeks ago to lower the original $175m cap figure to $150m, but progress on any further reduction — as desired by the smaller teams — has been difficult to come by. Per reports from Thursday's video conference — which was attended by F1's Chase Carey and Ross Brawn, FIA president Jean Todt and the F1 team principals — a possible compromise is a cap with...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sedil: This crisis is a final wake up call for Formula...
The COVID-19 crisis is a final wake-up call for an already...
5y ago from GrandPrix247.com
Ferrari's Binotto open to reduced cost cap for 2021;...
Scuderia Ferrari boss Mattia Binotto has said he would welcome a reduced...
5y ago from TheCheckeredFlag....
Current crisis is 'massive opportunity' for F1 - Agag
Formula E founder and chairman Alejandro Agag believes the COVID-19...
5y ago from F1i.com
McLaren: F1’s current crisis the final wake-up call
McLaren team principal Andreas Seidl sees the ongoing coronavirus crisis...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Enea Bastianini: 'You get scared at Balaton; changes...
No description available...
12h ago from Motorsport.com
Honda confirms Luca Marini to remain a factory rider...
Honda Racing Corporation has confirmed Luca Marini will remain as its...
16h ago from MotorsportWeek.c...
MotoGP riders reveal first laps of new Balaton Park...
No description available...
17h ago from Motorsport.com
Luca Marini signs contract extension with Honda ahead...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin praises Kyffin Simpson after titanic...
Two Team Penske drivers finished on the podium in IndyCar’s season...
7h ago from MotorsportWeek.c...
Louis Foster narrowly secures IndyCar Rookie of the...
After a season-long battle with two other rookies in the NTT IndyCar...
13h ago from MotorsportWeek.c...
Winners and Losers of the 2025 IndyCar Nashville...
No description available...
1d ago from Motorsport.com
Penske’s Josef Newgarden wins wild 2025 IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Sebastian Ogier wants WRC title by “winning...
No description available...
11h ago from Motorsport.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1d ago from Motorsport.com
Sebastian Ogier and Vincent Landais win inaugural...
After dropping over half a minute on the opening day to winning Rally del...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal complete Hincapie loan deal
Arsenal have completed a deal with Bayer Leverkusen to sign Piero Hincapie...
6h ago from SkySports.com
Arsenal's hectic Deadline Day completes...
Arsenal's busy transfer window ended with an eighth signing in defender...
6h ago from SkySports.com
Report: Arsenal pull off double deal on deadline day...
Arsenal outcasts Albert Sambi Lokonga and Fabio Vieira are now joining...
8h ago from CaughtOffside.com
What I learned from interviewing this former Arsenal...
It doesn’t really surprise me to see Emi Martinez looking for a move to...
12h ago from CaughtOffside.com
Comments
Hottest News
Former Fernando Alonso F1 team-mate arrested
One of Fernando Alonso's former team-mates has... Read More »
12h ago from RacingNews365.com
McLaren identify cause of painful Lando Norris retirement
McLaren has accepted fault for Lando Norris'... Read More »
17h ago from RacingNews365.com
Star driver stuns home crowd after being declared...
Alpine-backed F1 Academy star Nina Gademan has... Read More »
4h ago from GPFans.com
