News Details
‘Breach financial rules, lose your championship'
Formula 1 boss Ross Brawn has warned the new financial regulations 'have teeth' and will bite teams if they fall foul of the 2021 rules. As part of the 2021 blueprint, which has been officially ratified by the World Motor Sport Council following unanimous agreement from all parties, a $175m, fully enforceable cost cap will be introduced in the hope that success will be dependent on how teams spend their money rather how much they spend. And Brawn has said teams can expect big consequences if they do breach the sport's new, strict financial regulations. 'Financial regulations are the dramatic change in F1,' Brawn said in the official reveal at an FIA press conference in Austin, Texas....
Full Story »
Full Story »
6y ago from PlanetF1.com
0
You May Also Be Interested In...
Brawn warns teams on budget cap: 'Serious consequences...
Formula 1 managing director Ross Brawn has warned teams on breaking the...
6y ago from GPBlog.com
Teams will face serious consequences for cost cap...
Formula 1 chief Ross Brawn has warned that the new-for-2021 financial...
6y ago from MotorsportWeek.com
Explained: F1's budget cap from 2021 and how it'll be...
United States Grand Prix – Formula 1 will introduce a budget cap to...
6y ago from FormulaSpy.com
FIA gives green light to Formula 1's 2021 regulations
As expected, the FIA's World Motor Sport Council has adopted F1's 2021...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Tech analysis: Ducati’s more extreme fairing...
No description available...
19h ago from Motorsport.com
Jorge Martin still feels like a “rookie” at times...
No description available...
16h ago from Motorsport.com
What Aprilia hopes to unlock with radical 2026 MotoGP...
No description available...
1d ago from Motorsport.com
Fabio Quartararo reveals what’s still missing on...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou’s Indy 500 win immortalized on...
Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...
1d ago from MotorsportWeek.c...
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
1w ago from Motorsport.com
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
1d ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
3d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal, Man United & Spurs contact Ballon d'or...
Arsenal and Manchester United are reportedly interested in an ambitious...
10h ago from CaughtOffside.com
Real Madrid star Thibaut Courtois claims one Arsenal...
Real Madrid goalkeeper Thibaut Courtois has named Arsenal counterpart...
8h ago from SportsKeeda.com
'Clinical' 45-goal star 'appeals' to Arsenal but Man...
Arsenal, Manchester United and Paris Saint-Germain are among the clubs...
14h ago from CaughtOffside.com
Chelsea ready to return for £79m-rated Arsenal and...
Chelsea remain interested in signing the Juventus attacker Kenan Yildiz....
11h ago from CaughtOffside.com
Comments
Hottest News
F1 Results Today: Ferrari top in eventful first Las Vegas...
F1 cars took to the streets of Las Vegas for the... Read More »
3h ago from GPFans.com
LIVE: 2025 F1 Las Vegas Grand Prix - Free Practice 2
Follow along with all the action live from the... Read More »
2h ago from RacingNews365.com
Revealed: Staggering multi-billion F1 team valuations
These figures would not even have been dreamed of... Read More »
1h ago from RacingNews365.com
