News Details
Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all its manufacturers had it not reduced its budget cap for 2021. Teams were initially set to deal with a spending limit fixed at $175 million, but the onslaught of the coronavirus pandemic and its economic impact on F1 forced an additional cut-back to $145 million. Brawn reckons that change was crucial in convincing all manufacturers to remain in the sport. "This crisis gave us the opportunity that we knew the budget cap always would," Brawn said, speaking at this week's FIA eConference. "Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis...
Full Story »
Full Story »
You May Also Be Interested In...
Reduced Budget Cap Could Tempt New Manufacturers to...
The reduced budget cap being introduced into the Formula 1 regulations...
5y ago from TheCheckeredFlag....
''Without the lower budget cap, we would have had...
Ross Brawn, Chase Carey and the Liberty Media team have done their utmost...
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
F1 couldn't have retained manufacturers without budget...
As the world ponders the inevitable financial meltdown that is almost...
5y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir fears early silly season could leave MotoGP...
No description available...
4h ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
1d ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Jacob Abel prioritizing IMSA effort but still desires...
No description available...
2h ago from Motorsport.com
Scott Dixon to be inducted into IMS Hall of Fame
The Indianapolis Motor Speedway Museum has announced today that IndyCar...
2h ago from MotorsportWeek.c...
IndyCar Sebring test Day 1: Alex Palou tops the speed...
No description available...
19h ago from Motorsport.com
Kyle Kirkwood: Andretti “not too far off” from...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
6h ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
5d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool eye midfield fix with £100m Arsenal and Man...
Newcastle United midfielder Sandro Tonali has been linked with a move away...
1h ago from CaughtOffside.com
Euro giants line up move for Arsenal star amid...
AC Milan are already planning for a significant overhaul of their...
4h ago from CaughtOffside.com
Manchester United and Arsenal interested in signing...
Manchester United and Arsenal are reportedly interested in former Chelsea...
10h ago from SportsKeeda.com
Chelsea ‘advancing' in talks to sign striker who...
Chelsea are stepping up their pursuit of Julián Álvarez, with fresh...
12h ago from CaughtOffside.com
Comments
Hottest News
F1 fans slam Aston Martin launch as 'embarrassment' and...
Aston Martin F1 fans who believe in dire... Read More »
6h ago from GPFans.com
Montoya says Mercedes number one and asks questions of...
Heading to the desert Kingdom, Monotoya also... Read More »
3h ago from GrandPrix247.com
F1 2026 Bahrain week one pre-season testing driver line-ups
Check out who is driving for which team and when... Read More »
1h ago from RacingNews365.com
