News Details
Formula 1 budget cap meeting postponed
A meeting of Formula 1 bosses to discuss a lowering of the sport's budget cap has been postponed until next week, BBC Sport has learned. The top teams, who have concerns the challenges of the plan for them have not been fully understood, have provided further information to F1 and the FIA. Mercedes, Ferrari and Red Bull submitted extra analysis and ideas that the two governing bodies want to consider further. The meeting is now due to take place at a so-far undefined time next week. What is the problem? The teams are discussing the budget cap, which is due to come into force next season, and is currently set in the regulations at $175m (£137.9m), but with a number of exemptions,...
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