News Details
Formula 1 teams to meet over budget cap reduction
Formula 1 teams and bosses are to meet next week to discuss a proposal to reduce the sport's budget cap to $130m (£104.6m) by 2022. A meeting on Thursday broke up without agreement but all sides described it as positive and constructive. The main discussion was over a plan to set a cap of $145m (£116.6m) next year and lower it to $130m in 2022. A sliding scale for aerodynamic research was also discussed, with less successful teams allowed more. F1 faces 'difficult' decision to restart racing F1 teams receive 20,000 NHS orders for equipment That was an idea put forward by the top teams, who presented it as an elegant way to level the field, in a similar fashion to the draft in...
Full Story »
Full Story »
You May Also Be Interested In...
Todt pleads for drastic reduction of budget limit:...
As a result of the COVID-19 corona crisis, a number of Formula 1 teams...
5y 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...
5y ago from GrandPrix247.com
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
5y ago from F1i.com
Brown: Teams against cap reduction are playing with...
Formula 1's biggest spenders need to consider what is good for the health...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia is "not that worried"...
No description available...
13h ago from Motorsport.com
Jorge Lorenzo slams Yamaha riders including Fabio...
Five-time MotoGP champion Jorge Lorenzo slams Yamaha riders, particularly...
18h ago from MotorsportWeek.c...
The mountain Yamaha has to climb with its V4-powered...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher’s IndyCar debut returns him to the...
Mick Schumacher began his IndyCar career this past weekend, competing in...
6h ago from MotorsportWeek.c...
Winners and losers from the 2026 IndyCar season-opener...
No description available...
12h ago from Motorsport.com
Watch: Mick Schumacher taken out on opening lap of...
Fans of Mick Schumacher could switch off early after his IndyCar debut at...
1d ago from MotorsportWeek.c...
Gallery: IndyCar kicks off 2026 season at St. Pete
Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
18h ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
3d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Arteta set to speak to media LIVE!
No description available...
14h ago from SkySports.com
Euro outfit brace for bids as Liverpool and Arsenal...
Liverpool and Arsenal are interested in signing the VfB Stuttgart defender...
10h ago from CaughtOffside.com
Report: Arsenal and Man United join the race to sign...
Hertha Berlin midfielder Kennet Eichhorn has been linked with a move away...
9h ago from CaughtOffside.com
Arteta wants 6ft 3in giant who tormented Arsenal in...
Arsenal are interested in signing the Inter Milan striker Pio Esposito at...
10h ago from CaughtOffside.com
Comments
Hottest News
FIA make major F1 change ahead of 2026 Australian Grand Prix
The change will be in effect throughout the... Read More »
13h ago from RacingNews365.com
George Russell quashes Ferrari daydream as F1 start data...
Data from the F1 pre-season test in Bahrain may... Read More »
8h ago from GPFans.com
F1 star Charles Leclerc and wife Alexandra are getting...
Ferrari F1 star Charles Leclerc and his new wife... Read More »
6h ago from GPFans.com
