News Details
Constructive' discussion but still no decision on budget cap
Just before Easter, the F1 summit came together to discuss lowering the budget ceiling. The F1 teams, Chase Carey and Jean Todt came to a tentative agreement that the intended budget ceiling could be lowered from 175 million to around 150 million. The talks were resumed on Thursday. Because of the COVID-19 pandemic, changes are not only made to the calendar. For 2021, a budget ceiling of 175 million per team was agreed for all teams. For the F1 and the FIA this amount was still a bit too high at the time. The organization aimed for a ceiling of 130 million. Many teams, especially the large teams like Red Bull Racing, Scuderia Ferrari and Mercedes, did not agree with the 130 million...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Insight: The best Formula 1 Easter grands prix
There’s no Formula 1 race on Easter Day 2020 – nor was there
meant to...
5y ago from MotorsportWeek.com
Formula Easter, from Russia with love
Have you ever heard of Formula Easter? Probably not – most people...
5y ago from GrandPrix247.com
Todt: Parity between small and big teams in F1 a pipe...
FIA president Jean Todt is in favour of lowering F1's budget cap ceiling,...
5y ago from F1i.com
Todt: Two-tier budget cap is being discussed
FIA president Jean Todt has revealed that a different budget cap for...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
21h ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
21h ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
7h ago from MotorsportWeek.c...
Kirkwood "currently the biggest threat" to...
No description available...
9h ago from Motorsport.com
Official race results: 2026 IndyCar Grand Prix of...
No description available...
13h ago from Motorsport.com
Alex Palou “never felt safe” during Grand Prix of...
No description available...
10h ago from Motorsport.com
Popular On TotalWRC.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
13h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
16h ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
19h ago from Motorsport.com
Taka-San: King of Kenya
At the 94th time of asking, Takamoto Katsuta and co-driver Aaron Johnston...
19h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Arsenal join race for 70 million centre-back...
Arsenal have reportedly joined a growing list of clubs interested in RB...
32m ago from CaughtOffside.com
We can just enjoy it, Mikel Arteta has to think about...
Morning all. How was your Sunday? Did you watch the replays again? And...
12m ago from Arseblog.com
John Terry claims Arsenal have a player who reminds...
John Terry has claimed that Arsenal wonderkid Max Dowman reminds him of...
8h ago from CaughtOffside.com
10 youngest goal scorers in Premier League as Arsenal...
On March 14, 2026, Arsenal prodigy Max Dowman etched his name into the...
10h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Lewis Hamilton senses Ferrari breakthrough...
F1 legend Lewis Hamilton is already sensing a... Read More »
1h ago from GPFans.com
2026 Formula E Madrid E-Prix - Time Schedule
Do not miss any of the action and check out all... Read More »
32m ago from RacingNews365.com
F1 triumphs at the Oscars with stunning victory
F1: The Movie won one of its four nominations at... Read More »
1h ago from RacingNews365.com
