News Details
$175million cost cap coming for 2021
A cost cap of $175million per year looks set to be imposed as part of the 2021 overhaul of Formula 1, according to Autosport. The new limit will require Mercedes, Ferrari and Red Bull to reduce their current budgets and will be part of the newly formed Formula 1 Financial Regulations to run alongside the existing FIA Sporting and Technical Regulations. Nigel Kerr is the man behind the cap – a former financial chief for Honda, Brawn and Mercedes, he was snapped up by Ross Brawn in 2017, given the title of finance director, motorsports, and tasked with designing the brief for a viable cost cap. The restriction will be in place for the five seasons from 2021-25 with the provision for...
Full Story »
Full Story »
6y ago from PlanetF1.com
0
You May Also Be Interested In...
Budgets and parc fermé regulation shaking up paddock
Photo by: www.kymillman.com/f1 A couple of interesting stories out of...
6y ago from TheParcFerme.com
Formula 1 to impose $175m budget cap from 2021
Formula 1 set to introduce $175m budget cap Formula 1 is set to introduce...
6y ago from SpeedCafe.com
$175m cost cap intended for 2021
For as long as anyone can remember, there have been calls to limit team...
6y ago from Pitpass.com
2021 changes play no role in Raikkonen's future
Kimi Raikkonen has confirmed that the overhaul of Formula 1 planned for...
6y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Carmelo Ezpeleta confident MotoGP will "reach an...
No description available...
5h ago from Motorsport.com
Guenther Steiner puzzled by MotoGP bikes sitting out...
No description available...
6h ago from Motorsport.com
Enea Bastianini blasts MotoGP safety commission and...
Enea Bastianini has criticised the existing MotoGP safety commission by...
6h ago from MotorsportWeek.c...
Toprak Razgatlioglu: Yamaha struggles make me think...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
1d ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
1d ago from MotorsportWeek.c...
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
1d ago from Motorsport.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
1d ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
2d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
1w ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal, Chelsea join race for 24-year-old Man United...
Goncalo Ramos is expected to be on his way out of PSG at the end of the...
1h ago from CaughtOffside.com
'Best player in Europe' - Piers Morgan insists Arsenal...
English broadcaster Piers Morgan has insisted that Arsenal midfielder...
35m ago from SportsKeeda.com
Arsenal fans plan trips to Champions League final but...
t;li>Logistics complicated for 30 May showpiece in BudapestArsenal to...
2h ago from TheGuardian.com
Arsenal back in the Champions League final during a...
Rushden is joined by Barry Glendenning, Nicky Bandini and Paul Watson as...
2h ago from TheGuardian.com
Comments
Hottest News
F1 teams just did something the FIA weren't expecting -...
Teams on the F1 2026 grid have reportedly caught... Read More »
1h ago from GPFans.com
Toto Wolff at odds with drivers as F1 war rages off the...
Mercedes F1 team principal Toto Wolff appears to... Read More »
45m ago from GPFans.com
Toto Wolff delivers warning to F1 critics after F1 Miami...
Mercedes Team Principal Toto Wolff has delivered... Read More »
2h ago from MotorsportWeek.com
