News Details
Abiteboul: "The cap is a problem for us"
Cyril Abiteboul has confirmed the budget cap set to arrive in Formula 1 will be a problem for Renault. He goes on to confirm he is desperate for some clarity on the situation before it becomes too late. A budget cap, set to be around $150 million, is expected to arrive in 2021. Abiteboul, boss at Renault tells RaceFans how concerned he is about the future finances. "The cap is really important, because with the cap if we have to be at around $150 [million], we are already above 150. It's a problem, it's a small problem for us, [but] it's a huge problem for [Red Bull], for Ferrari," Abiteboul told Racefans. Teams will begin planning for the 2021 season soon. Financial situations...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Abiteboul ‘Satisfied’ with Double Points Finish...
Cyril Abiteboul says the Renault Sport Formula One Team can be satisfied...
7y ago from TheCheckeredFlag....
Abiteboul 'satisfied' with Singapore result
Renault boss Cyril Abiteboul revealed he is "satisfied" with...
7y ago from GPBlog.com
Prost: Daniel is more expensive but justified
By all reliable accounts, Renault will be dishing out $35-million a year...
7y ago from GrandPrix247.com
Todt: No problem with 22 or 23 F1 races per season
In what will hardly be good news for already stretched Formula 1 teams,...
7y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira: I did my best to stay in MotoGP but...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo shares his ‘theory' on the cause...
Five-time MotoGP champion Jorge Lorenzo believes that multiple factors...
1d ago from MotorsportWeek.c...
How Aprilia believes it “overreached our target”...
No description available...
1d ago from Motorsport.com
Pedro Acosta brands 2025 MotoGP season a “wasted...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
3d ago from MotorsportWeek.c...
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
4d ago from Motorsport.com
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
4d ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier leads the virtual title chase as...
Friday in Saudi Arabia was the toughest day of the season. The overnight...
17h ago from MotorsportWeek.c...
Elfyn Evans set for 'all or nothing' attack in WRC...
No description available...
15h ago from Motorsport.com
WRC Saudi Arabia: Elfyn Evans suffers puncture as...
No description available...
1d ago from Motorsport.com
WRC Saudi Arabia: Martins Sesks leads after dramatic,...
No description available...
18h ago from Motorsport.com
Popular On GunnersToday.com
Fierce battle expected as Chelsea make contact to sign...
Enzo Maresca's Chelsea have established contact as they look to sign...
38m ago from CaughtOffside.com
“Hopefully he brings the same energy” - John Terry...
Premier League Hall of Famer John Terry believes Chelsea defender Marc...
38m ago from SportsKeeda.com
Top reporter confirms Arsenal, Man Utd & Chelsea...
Leading German football journalist Florian Plettenberg has more or less...
3h ago from CaughtOffside.com
“I have dreams”: Attacker openly admits desire to...
Brazilian international Luiz Henrique talks about his desire to play in...
3h ago from CaughtOffside.com
Comments
Hottest News
Leclerc lays bare Ferrari’s struggles in Qatar –...
Charles Leclerc cut a frustrated figure under the... Read More »
1h ago from F1i.com
McLaren reveals when it could use team orders in F1 title...
McLaren CEO Zak Brown has ruled out team orders... Read More »
38m ago from MotorsportWeek.com
FIA act after McLaren failure at Qatar Grand Prix
McLaren have avoided punishment for a situation... Read More »
3h ago from GPFans.com
