News Details
Wolff ‘fought hard' in F1 budget cap meeting
Jul.9 Toto Wolff admits he 'fought hard' during Friday's meeting of the F1 Commission in Austria. Top of the agenda was the budget cap, with smaller teams arguing on one hand for no changes to the $140 million limit while top teams insist that raging inflation demands an increase. Ultimately, the FIA agreed that there is a 'risk of non-compliance if actions are not taken', and therefore the cap has been increased by 3.1 percent – about $4.5 million. 'It is not so easy to explain all the nuances, so I'll just say that the increase that was agreed today only partially compensates for inflation and does not include an increase for logistics,' said Mercedes boss Toto Wolff. Williams...
Full Story »
Full Story »
2y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Formula 1 approves minor increase on budget cap
Formula 1 approved a small increase to its $140-Million per team annual...
2y ago from GrandPrix247.com
F1 makes decision on calls for budget cap increase
A meeting of the F1 Commission has resulted in a decision being made...
2y ago from PlanetF1.com
F1 tweaks budget cap to reflect inflation
Formula One approved a small increase to its $140 million per team annual...
2y ago from espnF1.com
Budget cap increased, technical directive on...
On Friday morning in Austria, the FIA and Formula One teams met to...
2y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Watch: Motorsport takes a ride in the MotoGP safety car
No description available...
1h ago from Motorsport.com
Takaaki Nakagami fills in for injured Luca Marini at...
No description available...
2d ago from Motorsport.com
Why Marc Marquez stressed his Ducati is identical to...
No description available...
4d ago from Motorsport.com
Toprak Razgatlioglu shares his ‘biggest dream'...
Following the announcement of Toprak Razgatlioglu's move to MotoGP in...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Rasmussen passes most cars in Sunday night’s IndyCar...
Christian Rasmussen put on a show for fans Sunday night, passing more...
55m ago from MotorsportWeek.c...
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
12h ago from Motorsport.com
Kyle Kirkwood avoids incidents, wins late duel for...
No description available...
9h ago from Motorsport.com
IndyCar Gateway – Race Results
The NTT IndyCar Series made a trip to the St. Louis area for the first...
10h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
3d ago from Motorsport.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘Top player' believes Mikel Arteta will move for...
Arsenal have been linked with a move for the Sporting CP striker Viktor...
2h ago from CaughtOffside.com
Arsenal offer 9m in wages to beat competition for...
Arsenal are interested in signing the Athletic Club Bilbao attacker Nico...
2h ago from CaughtOffside.com
Update: Latest info on 75m striker as more clubs rival...
The Viktor Gyokeres transfer saga continues to prove a complicated one,...
3h ago from CaughtOffside.com
'That’s going to play a part': Arsenal want...
Crystal Palace defender Marc Guehi has been linked with a move away from...
4h ago from CaughtOffside.com
Comments
Hottest News
F1 Canadian Grand Prix 2025 results: Final classification...
The FIA have confirmed the final classification... Read More »
7h ago from GPFans.com
Aston Martin’s shock plan: snagging Russell to lead 2026...
Aston Martin has set its sights on a bold move to... Read More »
4h ago from F1i.com
McLaren admits F1 Canadian GP clash not being over a...
McLaren boss Andrea Stella has said the fact... Read More »
1h ago from MotorsportWeek.com