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F1 teams 'agree drastic cost-cutting measures'
F1 teams have agreed a wide-ranging set of rules changes designed to drastically cut costs to help the sport ride out the current coronavirus crisis. Friday's report from BBC Sport citing "a number of senior figures who wished to remain anonymous" is the culmination of weeks of discussions between F1 management, team bosses and the FIA to find a way forward. Among the agreed changes are a reduction of the previously agreed budget cap from $175 million to $145 million, despite initial strong resistance from Ferrari and Red Bull. Ecclestone: F1 needs to 'reshape' things - freeze rules for three years The figure is still something of a compromise, with independent constructors like...
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