News Details
Plans to make F1 'more competitive' from 2021
Formula 1 faces a pivotal meeting on Tuesday as bosses present their plans to the teams for the future of the sport from 2021. Owners Liberty Media and governing body the FIA are to introduce a budget cap and restructure revenue distribution to try and make F1 more competitive. The agenda for the meeting has been sent to teams without specific details. The package is the result of 12 months of talks after Liberty first presented its hopes for F1's future last April. The meeting will discuss: Cap on teams' annual budgets, starting in either 2020 or 2021 at a figure above $200m (£151m) a year and reducing to below $150m (£114m) within three or four years Revised revenue...
Full Story »
Full Story »
You May Also Be Interested In...
Zak Brown looks at 2021 rule changes as questions over...
Zak Brown has admitted that McLaren could be forced to leave Formula 1 in...
7y ago from GPBlog.com
Wolff optimistic about 2021 regulation talks
Mercedes boss Toto Wolff believes that “momentum” is growing for...
7y ago from GPFans.com
Wolff still opposed to Liberty's budget cap plans
Mercedes team principal Toto Wolff has renewed the Silver Arrows'...
7y ago from GPFans.com
Steiner: Teams need clarity on 2021 regulation changes
Haas F1 boss Guenther Steiner has said the Formula 1 teams need clarity...
7y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
3h ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
20h ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
1d ago from Motorsport.com
CFMoto ‘fully committed’ to supporting potential...
CFMoto Aspar team boss Jorge Martinez says the Chinese manufacturer is...
22h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher shares injury update after breaking...
No description available...
22h ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
20h ago from MotorsportWeek.c...
Rookie Caio Collet fastest in two-day Indy 500 open...
The NTT IndyCar Series held its traditional two-day open test for the...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
1d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
2d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Premier League club who could hurt Man City’s title...
Everton are reportedly exploring a move for Arsenal defender Ben White as...
2h ago from SportsKeeda.com
'I'm not happy about that' – ex-Gunner slams...
Arsenal manager Mikel Arteta has been heavily criticised by one of the...
2h ago from CaughtOffside.com
'They give you nothing' – Harry Maguire picks out...
Manchester United defender Harry Maguire has stated that Arsenal are...
3h ago from SportsKeeda.com
Arsenal vs Fulham Prediction and Betting Tips | 2nd...
The Premier League returns to the fold with another set of matches this...
3h ago from SportsKeeda.com
Comments
Hottest News
George Russell slams rules critics: F1 and FIA...
George Russell has defended F1 and the FIA over... Read More »
38m ago from MotorsportWeek.com
Lewis Hamilton reveals Ferrari fixed bizarre Japanese GP...
Lewis Hamilton revealed that his bizarre power... Read More »
3h ago from MotorsportWeek.com
F1 Miami Grand Prix venue to undergo major transformation
The home of F1's Miami Grand Prix - the Miami... Read More »
37m ago from GPFans.com
