News Details
‘Ferrari has agreed to reduced cap but…'
Good news for McLaren and others wanting a lower budget cap, Ferrari has reportedly agreed to lowering the cap to $130m…but only in 2023. Formula 1, like the rest of the world, is in the midst of a financial crisis. The 2020 season has yet to get underway after what would have been the season-opening Australian Grand Prix was cancelled two hours before the green flag was expected to be waved for FP1. Teams are losing money by the millions for every grand prix missed, and that list is up to 10 after France cancelled its race. In the immediate aftermath of the Australian cancellation, the F1 team bosses all agreed to run this year's chassis next season and to lower the 2021 budget cap...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
New FIA rule could crush Ferrari budget cap roadblock
A safeguard clause added to the FIA's sporting code could quell Ferrari's...
5y ago from F1i.com
Brown hammers 'in denial' Ferrari over stance on...
McLaren F1 boss Zak Brown has called out Ferrari for its inflexible...
5y ago from F1i.com
McLaren: Ferrari's cap comments don't reflect reality
With Ferrari pushing back on the lowering of the budget cap, Zak Brown...
5y ago from PlanetF1.com
Brown clear: 'The sport can continue without Ferrari'
Zak Brown is not at all happy with the way conversations are currently...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP chiefs visit Buenos Aires construction site...
No description available...
3h ago from Motorsport.com
What is custom motorcycle paint in the racing world?
Custom paintwork involves decorating vehicles. There is the Californian...
16h ago from MotorsportWeek.c...
Why Jorge Martin is back - but not at his best yet in...
No description available...
1d ago from Motorsport.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar changes Arlington results, penalizing Kyffin...
No description available...
20h ago from Motorsport.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
1d ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
1d ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
7h ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star Kai Havertz makes stance clear on future...
Arsenal attacker Kai Havertz has opened up on his future at the Emirates...
20m ago from SportsKeeda.com
Kvaratskhelia and Gordon among Arsenal forward targets
Khvicha Kvaratskhelia and Anthony Gordon are among the targets Arsenal are...
2h ago from SkySports.com
Nothing lasts for Eze
Eberechi Eze’s calf injury feels symptomatic of Arsenal’s season in...
3h ago from Arseblog.com
Episode 869 – The Box
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
5h ago from Arseblog.com
Comments
Hottest News
Aston Martin sets ambitious F1 target as Honda identifies...
Honda chief trackside engineer Shintaro Orihara... Read More »
3h ago from MotorsportWeek.com
Lando Norris issues McLaren update as Mercedes F1 probe...
Lando Norris issued an update on the health of... Read More »
40m ago from MotorsportWeek.com
Nico Hulkenberg appears to confirm Audi rift rumours with...
Nico Hulkenberg has appeared to confirm rumours... Read More »
6h ago from MotorsportWeek.com
