News Details
COVID-19: Cap changes at centre of new crisis talks
Formula 1 could see a further changes to its incoming budget cap for the 2021 season, with support building for incremental reductions in the latest round of crisis talks on Thursday. An immediate concern with teams suffering under the financial strain of the COVID-19 pandemic, an agreement had been made several weeks ago to lower the original $175m cap figure to $150m, but progress on any further reduction — as desired by the smaller teams — has been difficult to come by. Per reports from Thursday's video conference — which was attended by F1's Chase Carey and Ross Brawn, FIA president Jean Todt and the F1 team principals — a possible compromise is a cap with...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sedil: This crisis is a final wake up call for Formula...
The COVID-19 crisis is a final wake-up call for an already...
5y ago from GrandPrix247.com
Ferrari's Binotto open to reduced cost cap for 2021;...
Scuderia Ferrari boss Mattia Binotto has said he would welcome a reduced...
5y ago from TheCheckeredFlag....
Current crisis is 'massive opportunity' for F1 - Agag
Formula E founder and chairman Alejandro Agag believes the COVID-19...
5y ago from F1i.com
McLaren: F1’s current crisis the final wake-up call
McLaren team principal Andreas Seidl sees the ongoing coronavirus crisis...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
14h ago from Motorsport.com
Maverick Vinales “mentally stronger” than ever...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
2d ago from MotorsportWeek.c...
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
13h ago from MotorsportWeek.c...
Sunoco makes full-time IndyCar return as primary...
No description available...
14h ago from Motorsport.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
1d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Lancia reveals driver line-up for 2026 WRC return
No description available...
17h ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
2d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
2d ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'A big problem' – Mikel Arteta fires warning to...
Arsenal manager Mikel Arteta has fired a clear warning to any of his...
6h ago from CaughtOffside.com
Arsenal make decision on versatile star's future after...
Arsenal striker Gabriel Jesus has been linked with a move away from the...
9h ago from CaughtOffside.com
Arsenal vs Wolverhampton Wanderers Prediction and...
The Premier League is back in action with another set of matches this...
11h ago from SportsKeeda.com
Manchester United hold talks to sign midfielder who...
Manchester United are reportedly in talks with Arda Guler, as they look to...
15h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton Beats Lando Norris With Most Expensive Watch...
Seven-time world champion Lewis Hamilton has... Read More »
2h ago from Formula1News.co.uk
Mercedes to AXE McLaren engines? Toto Wolff admits plan to...
Toto Wolff has admitted Mercedes are considering... Read More »
10h ago from GPFans.com
Max Verstappen will leave Red Bull as part of exodus
Max Verstappen is no longer the world champion... Read More »
11h ago from GPFans.com
