News Details

''Without the lower budget cap, we would have had fewer manufacturers''

Ross Brawn, Chase Carey and the Liberty Media team have done their utmost to get the budget cap in Formula 1. A cap that, according to Brawn, has enabled us to start with ten teams in 2020. As of 2021 there will be a budget cap of 145 million dollars in Formula 1. The cap was initially set at $175 million, but the coronavirus removed $30 million from the cap. An important victory for the sport, which according to Brawn otherwise would have lost teams in the coming seasons. Read more Hamilton selected as new ambassador to the United Nations A lower budget cap ''Before the coronavirus broke out, we already told each other that in a crisis situation, we need to adjust the cap further...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

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

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

F1 feared losing manufacturers without cost cap

Formula 1’s Managing Director of Motorsports Ross Brawn says he feared...
5y ago from MotorsportWeek.com

F1 feared losing teams over no budget cap

Formula 1's sporting director, Ross Brawn, has said there was a fear that...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Nicolo Bulega feels he has ‘delivered the results’...

Nicolo Bulega believes his dominant WorldSBK form has earned him a MotoGP...
12h ago from MotorsportWeek.c...

Romano Albesiano warns it is ‘very early’ to judge...

Romano Albesiano discusses the new 2027 MotoGP machines - Credit: Aprilia...
16h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Mick Schumacher named Indy 500 Rookie of the Year

Mick Schumacher has been named the Indianapolis 500 Rookie of the Year...

Popular On TotalWRC.com

Popular On GunnersToday.com

The story of the Premier League 2025-26 season in 100...

entury of our favourite images from the season including wild...
6h ago from TheGuardian.com

'You surprised me the most' - Martin Keown tells...

Arsenal legend Martin Keown has congratulated Noni Madueke for the club's...
12h ago from SportsKeeda.com

'They've got that horribleness about them' - Gary...

Manchester United legend Gary Neville has predicted that Paris...
10h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.