News Details
F1 feared loss of manufacturers without cost cap
Formula 1’s managing director Ross Brawn believes the sport would have lost manufacturers had a budget cap not been introduced for 2021. In a bid to ride out the anticipated economic impact of the coronavirus crisis, the 10 teams agreed a package of cost-cutting measures including the introduction of a revised budget cap of $145 million from next season. The spending cap will come into force from 2021 and was significantly reduced from the original planned figure of $175 million following recent talks between the teams and F1’s stakeholders. Speaking at this week’s FIA eSport Conference, Brawn admitted he feared the championship would have lost manufacturers had a cost cap not been...
Full Story »
Full Story »
You May Also Be Interested In...
F1 feared losing manufacturers without cost cap
Formula 1’s Managing Director of Motorsports Ross Brawn says he feared...
5y ago from MotorsportWeek.com
Steiner: "In good times, F1 shouldn't come back...
One of the most important changes for Formula 1 is the introduction of...
5y ago from GPBlog.com
Racing Point: 'Budgetcap will only have a real impact...
From 2021 there will be a budget cap in Formula 1. From that moment on,...
5y ago from GPBlog.com
'New Formula 1 team postpones debut by one year until...
Ross Brawn indicated on Tuesday that there will be no new engine...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia is "not that worried"...
No description available...
4h ago from Motorsport.com
Jorge Lorenzo slams Yamaha riders including Fabio...
Five-time MotoGP champion Jorge Lorenzo slams Yamaha riders, particularly...
8h ago from MotorsportWeek.c...
The mountain Yamaha has to climb with its V4-powered...
No description available...
10h ago from Motorsport.com
Jorge Martin: Marco Bezzecchi was "on another...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from the 2026 IndyCar season-opener...
No description available...
3h ago from Motorsport.com
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
22h ago from MotorsportWeek.c...
Alex Palou struck “perfection” in St. Petersburg
No description available...
1d ago from Motorsport.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
9h ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
3d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Euro outfit brace for bids as Liverpool and Arsenal...
Liverpool and Arsenal are interested in signing the VfB Stuttgart defender...
53m ago from CaughtOffside.com
Mikel Arteta hits back at critics of Arsenal’s...
t;li>Chris Sutton said Arsenal would be ‘ugliest’ championsGunners...
1h ago from TheGuardian.com
Arteta wants 6ft 3in giant who tormented Arsenal in...
Arsenal are interested in signing the Inter Milan striker Pio Esposito at...
1h ago from CaughtOffside.com
Report: Arsenal and Man United join the race to sign...
Hertha Berlin midfielder Kennet Eichhorn has been linked with a move away...
13m ago from CaughtOffside.com
Comments
Hottest News
FIA make major F1 change ahead of 2026 Australian Grand Prix
The change will be in effect throughout the... Read More »
4h ago from RacingNews365.com
Lewis Hamilton delivers audacious message for his critics...
Lewis Hamilton has reflected on a career in F1... Read More »
1h ago from GPFans.com
Ex-F1 stalwart believes Mercedes is ‘comfortable'...
Former Formula 1 race engineer Rob Smedley has... Read More »
23m ago from MotorsportWeek.com
