News Details

Brown: $100m cap demand was a tactic

Zak Brown led the charge for F1's budget cap to be slashed to $100m but says that was merely a tactic to get a lower cap. Last year the Formula 1 teams agreed to introduce a budget cap of $175 million in 2021. However, with the start of this year's championship delayed by more than three months, teams haemorrhaged money and entered talks to lower the cap. While F1's big teams initially agreed to $150m, some teams – led by McLaren – pushed for $100m. The teams eventually compromised on $145m for 2021 which will fall to $130m by 2023. Brown explained to Auto Motor und Sport: 'It is a common tactic to make higher demands to get what is acceptable in the end. 'I think we met in the...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Brown: "Red Bull Racing big winner of the budget...

Due to the coronavirus, Formula 1 has been at a standstill for a number...
5y ago from GPBlog.com

Vasseur: Budget cap easier for small teams to deal with

Alfa Romeo team principal Fred Vasseur believes the budget cap will be...
5y ago from GrandPrix247.com

Brown: The sport wins if fans win with new rules

Formula 1's new balancing measures from 2021 onwards are a win for all...
5y ago from GrandPrix247.com

Zak Brown Believes Ricciardo can Win World...

McLaren Racing CEO Zak Brown says that incoming driver Daniel Ricciardo...

Elsewhere On The Network

Popular On MGPToday.com

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...

Yamaha launches 2026 MotoGP livery in Jakarta

Monster Energy Yamaha has unveiled the newest edition of its M1 machinery...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...
16h ago from MotorsportWeek.c...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Popular On TotalWRC.com

Popular On GunnersToday.com

Alan Shearer names the one team he thinks will stop...

Alan Shearer admitted that Arsenal ‘have got a really good chance’ of...
3h ago from SportsKeeda.com

Newcastle star is 'definitely set on going to City',...

Newcastle United full-back Tino Livramento reportedly has his heart set on...
4h ago from CaughtOffside.com

Episode 861 – Get it Inter ya …

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
4h ago from Arseblog.com

Inter Milan 1-3 Arsenal: Gunners get their strikers...

Match report – Player ratings – Arteta reaction – Quotes...
8h ago from Arseblog.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.