News Details
F1 delays 'crucial' budget cap decision - Todt
Apr.14 F1 has delayed making a decision about how to proceed with further cost cutting measures amid the coronavirus crisis. With several teams - now including Renault - having furloughed staff, a debate is raging about how severely to further reduce the planned 2021 budget cap from $175 million. "On Thursday we had a meeting with just the big teams," FIA president Jean Todt told Auto Motor und Sport. "The crucial meeting was supposed to take place on Friday, but we have postponed it until next week. It's better to wait a week longer and get a better result." It is believed that while Mercedes is open to reducing the cap below $150 million, Red Bull and Ferrari are...
Full Story »
Full Story »
5y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Formula E introduced cost-saving measures
The fully-electric single-seater championship, the Formula E series has...
5y ago from F1Technical.net
Haas has placed its UK staff into furlough
The Haas F1 team also announced cost-cutting measures by placing the...
5y ago from F1Technical.net
Zak Brown calls for lowering the cost cap
McLaren CEO Zak Brown sees the current crisis caused by the coronavirus...
5y ago from F1Technical.net
Formula E delays launch of Gen2 EVO car to 2021/22
Formula E has delayed the introduction of its Gen2 EVO car as part of its...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta praises KTM’s ‘really nice job’...
Pedro Acosta has praised KTM’s off-season development for helping him...
58m ago from MotorsportWeek.c...
Michelin reveals what caused Marc Marquez’s dramatic...
No description available...
7h ago from Motorsport.com
Marco Bezzecchi reveals why Sprint crash presented...
Marco Bezzecchi admits he faced “a lot of difficulties” in order to...
5h ago from MotorsportWeek.c...
From Switzerland to Buriram: the helmet drama that hit...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
3h ago from MotorsportWeek.c...
Newgarden gains 16 positions, finishes seventh in...
No description available...
48m ago from Motorsport.com
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
21h ago from Motorsport.com
How Mick Schumacher's IndyCar debut ended in messy Lap...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
4d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal players can feel fans’ anxiety and must...
t;li>Defender says crowd’s tension noticeable against Chelsea‘It is...
1h ago from TheGuardian.com
Timber: Arsenal need to address and talk about the...
Jurrien Timber has admitted Arsenal need to "address...
1h ago from SkySports.com
Is this really the beautiful game? Well yes, and no...
every win is going to be painful from here, you may as well just take the...
1h ago from TheGuardian.com
Arsenal 2-1 Chelsea: Premier League player ratings
ale of contrasting fortunes for the goalkeepers with Raya making crucial...
1h ago from TheGuardian.com
Comments
Hottest News
Martin Brundle hints at potential shocks in F1 2026:...
Sky Sports pundit Martin Brundle has stated that... Read More »
4h ago from MotorsportWeek.com
F1: Australian Grand Prix: Preview - Pirelli
For the Albert Park circuit, Pirelli has selected... Read More »
1h ago from Pitpass.com
FIA: ‘Safety and wellbeing’ will guide decisions on...
As military tensions escalate across the Middle... Read More »
1h ago from F1i.com
