News Details
F1 feared loss of manufacturers without cost cap
Formula 1’s managing director Ross Brawn believes the sport would have lost manufacturers had a budget cap not been introduced for 2021. In a bid to ride out the anticipated economic impact of the coronavirus crisis, the 10 teams agreed a package of cost-cutting measures including the introduction of a revised budget cap of $145 million from next season. The spending cap will come into force from 2021 and was significantly reduced from the original planned figure of $175 million following recent talks between the teams and F1’s stakeholders. Speaking at this week’s FIA eSport Conference, Brawn admitted he feared the championship would have lost manufacturers had a cost cap not been...
Full Story »
Full Story »
You May Also Be Interested In...
F1 feared losing manufacturers without cost cap
Formula 1’s Managing Director of Motorsports Ross Brawn says he feared...
5y ago from MotorsportWeek.com
Steiner: "In good times, F1 shouldn't come back...
One of the most important changes for Formula 1 is the introduction of...
5y ago from GPBlog.com
Racing Point: 'Budgetcap will only have a real impact...
From 2021 there will be a budget cap in Formula 1. From that moment on,...
5y ago from GPBlog.com
'New Formula 1 team postpones debut by one year until...
Ross Brawn indicated on Tuesday that there will be no new engine...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales “mentally stronger” than ever...
No description available...
6h ago from Motorsport.com
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
1d ago from MotorsportWeek.c...
Supersub Pol Espargaro deserves to be full-time MotoGP...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
3h ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
4h ago from Motorsport.com
Tony Kanaan praises FIA for revising IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA reveals final details of WRC 2027 regulations
No description available...
1d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
1d ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
6d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Liverpool ready to pay big-money to sign...
Liverpool continue to push for Yan Diomande, and they are now accelerating...
30m ago from CaughtOffside.com
'I had an offer from Arsenal': Premier League winner...
Former Swiss International midfielder Gokhan Inler has now revealed that...
10m ago from CaughtOffside.com
Report: Man United ramp up contacts to sign versatile...
Real Madrid attacking midfielder Arda Guler has been linked with a move...
2h ago from CaughtOffside.com
Arsenal star Noni Madueke makes bold Premier League...
Noni Madueke believes Arsenal can win both the UEFA Champions League and...
5h ago from SportsKeeda.com
Comments
Hottest News
Mercedes puts F1 customer teams on notice with bombshell...
Mercedes boss Toto Wolff has put its three... Read More »
11h ago from MotorsportWeek.com
Red Bull questioned over Tsunoda 'mistake' that could have...
Sky Sports F1 star Ted Kravitz has questioned Red... Read More »
50m ago from GPFans.com
Max Verstappen's new team-mate 'smashed TV' over Abu Dhabi...
Max Verstappen's new F1 team-mate Isack Hadjar... Read More »
1h ago from GPFans.com
