News Details
Brawn: Budget cap reduction needed to keep ‘big teams' in F1
Formula 1 would have lost manufacturers without the announcement of a reduced budget cap for 2021, according to Ross Brawn. The managing director of motorsports at Formula 1 told the FIA eConference this week that the decision to cut the cost cap to $145m from the initial $175m was crucial in safeguarding the sports future in the light of the coronavirus pandemic. 'This crisis gave us the opportunity that we knew the budget cap always would,' Brawn said. 'Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis in the future, we can adjust the budget cap to take account, and all accept that the ideal level changes. 'I think...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
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
Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all...
5y ago from F1i.com
''Without the lower budget cap, we would have had...
Ross Brawn, Chase Carey and the Liberty Media team have done their utmost...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
4d ago from Motorsport.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Santino Ferrucci: Alternate aero package needed for...
For this weekend’s IndyCar finale at Nashville Superspeedway, the...
16h ago from MotorsportWeek.c...
IndyCar's Alex Palou is not on Red Bull's F1...
No description available...
1d ago from Motorsport.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
3d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Paraguay leaderboard in disarray after...
No description available...
15h ago from Motorsport.com
Rovanperä leads, Fourmaux stars in Paraguay
Kalle Rovanperä and Jonne Halttunen took the lead of the inaugural Rally...
16h ago from MotorsportWeek.c...
WRC Paraguay: Adrien Fourmaux leads, Sebastien Ogier...
No description available...
21h ago from Motorsport.com
FIA promises WRC investment following commercial...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Done deals: Arsenal set to confirm two major defensive...
Arsenal are pushing to wrap up two significant defensive deals before the...
4h ago from FreshArsenal.com
'Talks ongoing' – David Ornstein provides update...
Arsenal left-back Oleksandr Zinchenko is a transfer target for Marseille,...
5h ago from CaughtOffside.com
Exclusive details on complicated structure of Piero...
Piero Hincapie is set to become an Arsenal player as there's an agreement...
3h ago from CaughtOffside.com
'I worry…' – Carragher tips Arsenal for...
Liverpool legend Jamie Carragher has admitted he is worried about his old...
5h ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Dutch Grand Prix – FP3 Results
Lando Norris made it a practice clean sweep at... Read More »
2h ago from MotorsportWeek.com
Dutch Grand Prix Free Practice 3 - Results
Full results from Free Practice 3 for the Dutch... Read More »
2h ago from F1i.com
Red Bull surprise at Aston Martin u-turn: 'Someone there is...
Red Bull finds itself under threat from surprise... Read More »
7h ago from RacingNews365.com
