News Details
Todt: Two-tier budget cap is being discussed
FIA president Jean Todt has revealed that a different budget cap for supplier and customer F1 teams is being considered. The $175m-per-season budget cap which is set to come into force from 2021 has been a subject for much debate with teams widely accepting the argument that its limit should be further reduced. Under the cap there will be exceptions for costs such as driver salaries, pay for the top three executives and engine costs. While a deal had been reached in principal to lower that value to $150m, the meeting to finalise such changes was delayed after the BBC reported that the three leading teams (Mercedes, Ferrari and Red Bull), had sent extra analysis and new ideas to the FIA for...
Full Story »
Full Story »
6y ago from PlanetF1.com
0
You May Also Be Interested In...
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
6y ago from F1i.com
Binotto suggests different budget limits for different...
Formula 1 has set a budget limit of 175 million for 2021. An amount that...
6y ago from GPBlog.com
Binotto: Maybe the answer is not a single budget cap
Formula 1 has to consider the 'different situations' some teams find...
6y ago from GrandPrix247.com
Todt: Cost cap must be reduced, but we must not start...
Formula 1 is debating the merits of two proposals to further reduce the...
6y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
8h ago from Motorsport.com
Marc Marquez wins chaotic Jerez MotoGP Sprint despite...
Marc Marquez crashed but made the right strategy calls to prevail in the...
10h ago from MotorsportWeek.c...
Johann Zarco questions Marc Marquez over Jerez pitlane...
No description available...
9h ago from Motorsport.com
MotoGP Spanish GP: Marc Marquez wins chaotic sprint...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
1d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
4d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
4d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Ogier leads Solberg by 3.8s...
No description available...
4h ago from Motorsport.com
WRC Canary Islands: Ogier hails ‘intense’ Solberg...
No description available...
3h ago from Motorsport.com
Sebastien Ogier hangs on to Rally Islas Canarias lead...
Sebastien Ogier started Saturday with a relatively handy lead of 8.9...
5h ago from MotorsportWeek.c...
WRC Canary Islands: Oliver Solberg closes on Sebastien...
No description available...
11h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal Women vs Lyon Women Prediction and Betting...
Defending European champions Arsenal Women host Lyon Women for the first...
1h ago from SportsKeeda.com
“We make it difficult” - Arsenal legend Ian Wright...
Pundit Ian Wright has weighed in on Arsenal's performance after their...
2h ago from SportsKeeda.com
Arsenal boss Mikel Arteta issues injury update on...
Arsenal manager Mikel Arteta has brushed aside injury worries about Kai...
3h ago from SportsKeeda.com
“Pretending to be a professional footballer” -...
Arsenal fans are furious with Viktor Gyokeres after the striker's...
4h ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen’s ‘second father’ opens up on Jos...
Former Red Bull advisor Helmut Marko has offered... Read More »
3h ago from GPFans.com
Striking Red Bull new rear wing explored as Chinese giants...
Check out the biggest stories of the day with the... Read More »
3h ago from RacingNews365.com
The F1 driver kidnapped and ransomed for $5million
Being the last female driver to compete in F1 is... Read More »
4h ago from GPFans.com
