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Formula 1 teams set to receive $1.2m budget cap bonus
Formula One teams can expect a $1.2 million bonus on top of the budget cap. This is due to the late cancellation of the Japan Grand Prix, which shortens the calendar to 22 races. Windfall for Red Bull and Ferrari It is not the only race that was cancelled, but for other events the organisation was able to find a replacement in time. This is not the case for Japan, so the teams have a financial windfall. Read more Honda aims for rule change to repair damaged engine Verstappen The budget ceiling is based on a limit of 145 million dollar, but that applies in case of 21 races in a season. For each additional race, an amount of 1.2 million dollar is added. The budget cap rules have a clause...
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4y ago from GPBlog.com
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