News Details
F1's big cost-cutting changes approved
F1's big and wide-ranging package of cost-cutting measures - headlined by a tighter budget cap - have been approved from 2021 onwards as the sport bids to become more sustantable and competiitve into the future. Rubber stamped by the World Motor Sport council on Wednesday, F1 will introduce a $145m budget cap from next season and - for the first time - a development handicap system for the more successful teams. McLaren to make redundancies F1 had previously agreed to install the sport's first-ever budget cap from next year with a limit of $175m, as part of a wider package of technical, sporting and financial rule changes designed to improve the spectacle and give more teams a chance of...
Full Story »
Full Story »
5y ago from SkySports.com
0
You May Also Be Interested In...
F1 to unveil huge cost-cutting package, including...
Formula 1 teams have reportedly signed off on a huge package of...
5y ago from MotorsportWeek.com
F1 teams approve radical cost-cutting measures
Formula 1 teams have approved major cost-cutting changes aimed at helping...
5y ago from Crash.net
Formula 1 teams approve cost-cap, other changes
Formula 1 is set to move forward with a $145 million budget cap...
5y ago from GrandPrix247.com
Formula 1 teams agree cost-cutting package
Formula 1 teams have agreed to a package of cost-cutting changes to help...
5y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
EU approves Liberty Media's purchase of MotoGP and...
Liberty Media has received unconditional approval from the European...
4h ago from MotorsportWeek.c...
Liberty Media given “unconditional” green light...
No description available...
4h ago from Motorsport.com
Fabio Di Giannantonio ecstatic with ‘dream' and...
Fabio Di Giannantonio secured his second Grand Prix podium of the 2025...
5h ago from MotorsportWeek.c...
The winners and losers from MotoGP's Italian Grand Prix
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Winners and Losers from IndyCar’s Road America...
No description available...
21h ago from Motorsport.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
22h ago from MotorsportWeek.c...
Santino Ferrucci hangs on for Road America podium,...
No description available...
22h ago from Motorsport.com
Ferrucci survives early race ‘mayhem’ to earn...
Santino Ferrucci finished third in Sunday’s race from Road America,...
21h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
5d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Reports: Fulham and Arsenal in talks to complete...
Arsenal and Fulham could complete a double transfer deal worth around...
27m ago from FreshArsenal.com
Arsenal ready to sell star player for £17 million...
Arsenal are reportedly ready to sell Oleksandr Zinchenko amid interest...
1h ago from SportsKeeda.com
Report: Arsenal have new first choice striker target,...
Arsenal have been trying to sign a striker for several windows, and the...
6h ago from FreshArsenal.com
Arsecast Extra Episode 645 – 23.06.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
7h ago from Arseblog.com
Comments
Hottest News
Lando Norris sidelined as McLaren make Austrian Grand Prix...
McLaren have called up a young driver as part of... Read More »
57m ago from GPFans.com
Why the F1 movie muted Bridgerton star
The director of the upcoming F1 movie has... Read More »
2h ago from GPFans.com
Ferrari make F1 driver SWITCH ahead of Austrian Grand Prix
Ferrari F1 star Charles Leclerc will not take... Read More »
1h ago from GPFans.com
