News Details
F1's big cost-cutting changes approved
F1's big and wide-ranging package of cost-cutting measures - headlined by a tighter budget cap - have been approved from 2021 onwards as the sport bids to become more sustantable and competiitve into the future. Rubber stamped by the World Motor Sport council on Wednesday, F1 will introduce a $145m budget cap from next season and - for the first time - a development handicap system for the more successful teams. McLaren to make redundancies F1 had previously agreed to install the sport's first-ever budget cap from next year with a limit of $175m, as part of a wider package of technical, sporting and financial rule changes designed to improve the spectacle and give more teams a chance of...
Full Story »
Full Story »
5y ago from SkySports.com
0
You May Also Be Interested In...
F1 to unveil huge cost-cutting package, including...
Formula 1 teams have reportedly signed off on a huge package of...
5y ago from MotorsportWeek.com
F1 teams approve radical cost-cutting measures
Formula 1 teams have approved major cost-cutting changes aimed at helping...
5y ago from Crash.net
Formula 1 teams approve cost-cap, other changes
Formula 1 is set to move forward with a $145 million budget cap...
5y ago from GrandPrix247.com
Formula 1 teams agree cost-cutting package
Formula 1 teams have agreed to a package of cost-cutting changes to help...
5y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
This is what the 2027 Honda MotoGP bike will be called
No description available...
2h ago from Motorsport.com
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
2h ago from MotorsportWeek.c...
Francesco Bagnaia "struggled to accept" new...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo: “Maverick Vinales has more talent and...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1h ago from Motorsport.com
Simpson hoping Sunoco partnership grows into...
No description available...
1d ago from Motorsport.com
Sunoco makes full-time IndyCar return as primary...
No description available...
5d ago from Motorsport.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA announces new constructor set to join WRC 2027
No description available...
7h ago from Motorsport.com
Jon Armstrong joins Josh McErlean in all-Irish M-Sport...
Christmas came early for Jon Armstrong and co-driver Shane Byrne when the...
10h ago from MotorsportWeek.c...
Jon Armstrong joins Josh McErlean in new M-Sport Ford...
No description available...
1d ago from Motorsport.com
Sebastien Loeb admits you “need some luck to win”...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Spurs vs Arsenal, Liverpool vs Man City live on Sky as...
Sky Sports has confirmed it will show 12 more Premier League fixtures live...
1h ago from SkySports.com
Arsenal reach 100 injuries since start of last season
Arsenal have now reached 100 different injuries since the start of...
5h ago from SkySports.com
Twists and turns and midweek musings
Morning all. The players were back to training yesterday after a couple of...
9h ago from Arseblog.com
Sources: Chelsea & Arsenal establish contact with...
Kenan Yildiz has rapidly emerged as one of the most talked-about young...
10h ago from CaughtOffside.com
Comments
Hottest News
Boost & Overtake modes, 2026 Formula 1 Terminology explained
Formula 1 has confirmed the official wording and... Read More »
2h ago from GrandPrix247.com
Watanabe: Honda, Aston Martin on the eve of 'something...
A new chapter is quietly gathering momentum in... Read More »
3h ago from F1i.com
Cadillac passes crucial milestone ahead of team's 2026 F1...
Cadillac boss Graeme Lowdon has revealed that... Read More »
19m ago from MotorsportWeek.com
