News Details
F1 teams set for new cost-cap | Can't be 'selfish'
ormula 1 teams should be presented with a budget-cap proposal within the next week, according to Racing Point's Otmar Szafnauer - who has urged other team bosses not to be "selfish" as they try to agree on the new spending limit. F1 bosses have been locked in negotiations for several weeks about a cost-cap for 2021 - which was originally set at $175million but will be significantly lowered to help teams financially recover from the coronavirus crisis. "I think we'll have a proposal pretty soon, either by the end of this week or early next week," said Szafnauer on the latest Sky F1 Vodcast. "We'll see what Jean [Todt, FIA president] and Chase [Carey, F1 chairman] and...
Full Story »
Full Story »
5y ago from SkySports.com
0
You May Also Be Interested In...
Szafnauer convinced F1 could have 'raced safely' in...
Racing Point team boss Otmar Szafnauer believes in hindsight that F1...
5y ago from F1i.com
Szafnauer sees F1 return in Austria in July as...
Racing Point team boss Otmar Szafnauer believes there's a...
5y ago from F1i.com
Szafnauer: Scrapping rules changes would save millions
Racing Point boss Otmar Szafnauer has suggested a further postponement of...
5y ago from F1i.com
Szafnauer: Our goal is to break into the top three
Aston Martin expects to challenge the primacy of Ferrari, Red Bull and...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Luca Marini guides Honda to its MotoGP concessions...
No description available...
11h ago from Motorsport.com
Jorge Martin’s Valencia MotoGP retirement was...
No description available...
10h ago from Motorsport.com
Aleix Espargaro tells Franco Morbidelli to...
No description available...
12h ago from Motorsport.com
Marco Bezzecchi explains Aprilia 'proposal' after...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
3d ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
3d ago from MotorsportWeek.c...
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
4d ago from MotorsportWeek.c...
AJ Foyt Racing expands veteran support program to full...
AJ Foyt Racing has announced that its successful Homes For Our Troops...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
6d ago from Motorsport.com
Oliver Solberg lands factory Toyota Rally1 drive
We called it after Oliver Solberg clinched his WRC2 title in Chile....
6d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal star Bukayo Saka snubs Harry Kane, names the...
Arsenal's star winger, Bukayo Saka, has offered a surprising and glowing...
9h ago from CaughtOffside.com
‘News from the last 24 hours’: Fabrizio Romano...
Arsenal fans can breathe a collective sigh of relief as transfer expert...
11h ago from CaughtOffside.com
“He’s just got this knack of scoring unbelievable...
Former Premier League star Danny Murphy has said that he would pick...
14h ago from SportsKeeda.com
Gabriel a doubt for north London derby after Brazil...
t;li>Defender forced off in second half of Senegal friendlyBrazil...
13h ago from TheGuardian.com
Comments
Hottest News
F1 Las Vegas: Fans in weather panic over Grand Prix snow...
We are six days out from the 2025 Las Vegas Grand... Read More »
9h ago from GPFans.com
Christian Horner destined to become Lewis Hamilton's new...
Ever since the day Christian Horner was kicked... Read More »
11h ago from GPFans.com
2025 F1 Las Vegas Grand Prix - Time Schedule
Don't miss any of the action and check out all... Read More »
5m ago from RacingNews365.com
