News Details
'Red Bull quits alliance with Ferrari and Mercedes in budgetcap talks'
As a result of the corona crisis, Formula 1 teams run the risk of ending up in major financial problems. In order to accommodate the smaller teams in these difficult times, a further reduction of the budget ceiling for 2021 has been proposed. Last year it was agreed that the limit will be 175 million dollars, now a number of teams are pleading to reduce this amount to as much as 100 million dollars. It will come as no surprise that any form of further reduction so far has been blocked by the three big teams. Normally the teams have to agree unanimously to come to a decision on this. However, since this is now an emergency situation, a majority is enough to implement new regulations. Read...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Virgin Racing: The team of the 2010 generation that...
In 2021 the time has finally come: the Formula introduces a budget limit....
5y ago from GPBlog.com
Wolff hits reverse over budget cap - Marko
Apr.24 Toto Wolff has "suddenly" hit reverse gear on a drastic...
5y ago from OneStopStrategy.com
Brown: Ferrari are living in denial
McLaren boss Zak Brown has accused Ferrari of being in denial about the...
5y ago from GrandPrix247.com
Ferrari issue F1 quit threat over 'demanding' budget...
Ferrari team principal Mattia Binotto has warned that the manufacturer...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez just one win away from 100 and three from...
No description available...
22h ago from Motorsport.com
How concessions narrowed Ducati’s edge in MotoGP
No description available...
1d ago from Motorsport.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
2d ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
2d ago from Motorsport.com
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
5d ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
4d ago from MotorsportWeek.c...
Top five memorable drives of the 2025 IndyCar season
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Defending Dakar winner Yazeed Al-Rajhi explains...
No description available...
17h ago from Motorsport.com
Dakar 2026, Stage 1: Mini snatches win from Ford as...
No description available...
20h ago from Motorsport.com
How will the new Defender fare against Dakar's fastest...
No description available...
1d ago from Motorsport.com
Amputated navigator returns to Dakar 11 months after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
An interesting Premier League weekend
Morning all. It was quite an interesting day of Premier League action...
1h ago from Arseblog.com
“What’s his thought process?” - Jamie Carragher...
Former Liverpool centre-back Jamie Carragher offered his thoughts on...
3h ago from SportsKeeda.com
'I don't see where he can stop' - Mikel Arteta hails...
Arsenal manager Mikel Arteta has heaped praise on Declan Rice after his...
22h ago from SportsKeeda.com
'I do not see us becoming champions again' - Liverpool...
Liverpool star Alexis Mac Allister has named Arsenal and Manchester City...
21h ago from SportsKeeda.com
Comments
Hottest News
How Lando Norris and Oscar Piastri cost McLaren an extra...
The FIA are set to charge Max Verstappen and... Read More »
32m ago from GPFans.com
F1 News Today: Christian Horner contact revealed as team...
Four-time F1 champion Max Verstappen has revealed... Read More »
2h ago from GPFans.com
Ex-Red Bull strategist Courtenay completes move to McLaren
Former Red Bull Head of Race Strategy Will... Read More »
32m ago from F1i.com
