News Details
F1 feared losing manufacturers without cost cap
Formula 1’s Managing Director of Motorsports Ross Brawn says he feared the championship would have lost manufacturers had a budget cap not been introduced. Formula 1 stakeholders agreed last October to introduce an annual cost cap of $175m – excluding some aspects such as driver salaries, marketing and engine costs – from 2021. The coronavirus pandemic prompted a re-think and the cap has been revised to $145m, lowering to $140m in 2022, and $135m from 2023. Brawn believes that putting a definitive figure on a spending limit provides greater clarity long-term for the championship’s manufacturers. Related Posts Aston Martin F1 factory delayed by a year June 16, 2020 Over 100...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Renault, 2026 F1 engine ‘is next battleground'
We discussed the 2026 engines in our last podcast and what we felt Formula...
5y ago from TheParcFerme.com
Honda and other engine suppliers must develop their...
From 2021 onwards, Honda, Mercedes, Ferrari and Renault, as engine...
5y ago from GPBlog.com
Report: Ferrari to bring engine update to Austria
Ferrari intends to bring an upgraded engine and gearbox to the 2020...
5y ago from GrandPrix247.com
'We expect a crash to cost £300,000 in general'
It's no secret that making and maintaining a Formula 1 car involves huge...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
1h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
Trackhouse team owner Justin Marks: MotoGP must take...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
2d ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
2d ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Croatia: Hyundai closes in on first win to end...
No description available...
15h ago from Motorsport.com
Thierry on top in Croatia
Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...
18h ago from MotorsportWeek.c...
WRC Croatia: Puncture chaos hands Thierry Neuville...
No description available...
18h ago from Motorsport.com
WRC Croatia: Adrien Fourmaux crashes out as Sami...
No description available...
23h ago from Motorsport.com
Popular On GunnersToday.com
Brazil International rejects Manchester United and...
Brazil international and Atalanta midfielder Ederson has reportedly...
31m ago from SportsKeeda.com
Perspective: 5 reasons Mikel Arteta sack would be a...
Nine points clear at the top of the table with six games left and Arsenal...
2h ago from CaughtOffside.com
“Apparently he’s the biggest leader since Lord...
Jan Age Fjortoft has slammed Arsenal star Declan Rice after the Gunners'...
2h ago from SportsKeeda.com
Sources: Liverpool & Chelsea have 'very concrete...
Liverpool and Chelsea are among the clubs preparing to make a move for one...
3h ago from CaughtOffside.com
Comments
Hottest News
Martin Brundle F1 Disqualifications: The Tyrrell scandal...
Martin Brundle’s name doesn’t show up on a... Read More »
51m ago from GPFans.com
Lance Stroll just tried and failed to copy Max...
Lance Stroll attempted to get away from Aston... Read More »
1h ago from GPFans.com
Further insights into Otmar Szafnauer’s F1 plans revealed
RacingNews365 has discovered the truth behind... Read More »
40m ago from RacingNews365.com
