News Details

Marko hails Liberty for budget cap, Netflix

Feb.1 Dr Helmut Marko has offered rare praise for the current commercial rights holders of Formula 1 – Liberty Media. The American media company has attracted plenty of criticism since taking over the sport and ousting Bernie Ecclestone five years ago, but new world champion Red Bull's Dr Helmut Marko approves of the latest measures. 'Formula 1 will become much more interesting because of the budget cap,' the 78-year-old former F1 driver from Austria told Autorevue. As well as reducing costs overall, the intention of the new budget cap is to narrow the gap between the much bigger top teams and the rest of the field. 'In addition, there is the fact that Liberty Media has done and...
Full Story »
Share

You May Also Be Interested In...

Two F1 teams lobbying for budget adjustment revealed...

Red Bull and Mercedes have reportedly emerged as two of the teams that...
2y ago from Formula1News.co.uk

Mekies explains upgrade process under F1 budget cap

Ferrari's racing director Laurent Mekies offered an insight into how the...
2y ago from PlanetF1.com

Budget Cap Introduction Not Enough to Close the Gap on...

Franz Tost says the budget cap is not enough for the smaller teams to...

Confusion about budget cap increases: 'Why do we want...

The sprint races were a new part of the Formula 1 calendar in 2021, but...
2y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Davide Brivio praises Ai Ogura's ‘qualities'...

Trackhouse Racing boss Davide Brivio heaped praise on Ai Ogura after the...
23h ago from MotorsportWeek.c...

Ducati boss claims Francesco Bagnaia is 'outclassing'...

Ducati boss Davide Tardozzi delivers his verdict, stating that Francesco...

Popular On IndyCarToday.com

Chip Ganassi Racing announces driver development...

Chip Ganassi Racing has launched a new driver development program, which...

Robert Shwartzman announced for PREMA’s second...

PREMA has announced that Robert Shwartzman will pilot one of the two cars...

Enzo Fittipaldi to run IndyCar test with McLaren later...

Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...

Popular On TotalWRC.com

WRC set to drop hybrid power in 2025

No description available...
4d ago from Motorsport.com

A Farewell Message from The Checkered Flag

After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...

Popular On GunnersToday.com

Arsenal 'to battle' Man United for Sporting Lisbon...

Arsenal are reportedly preparing to battle Manchester United for Ousmane...
50m ago from SportsMole.co.uk

Exclusive: Arsenal, Liverpool and Chelsea scouting...

LOSC Lille midfielder Ayyoub Bouaddi is attracting interest from clubs...
40m ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.