News Details
Wolff ‘fought hard' in F1 budget cap meeting
Jul.9 Toto Wolff admits he 'fought hard' during Friday's meeting of the F1 Commission in Austria. Top of the agenda was the budget cap, with smaller teams arguing on one hand for no changes to the $140 million limit while top teams insist that raging inflation demands an increase. Ultimately, the FIA agreed that there is a 'risk of non-compliance if actions are not taken', and therefore the cap has been increased by 3.1 percent – about $4.5 million. 'It is not so easy to explain all the nuances, so I'll just say that the increase that was agreed today only partially compensates for inflation and does not include an increase for logistics,' said Mercedes boss Toto Wolff. Williams...
Full Story »
Full Story »
3y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Formula 1 approves minor increase on budget cap
Formula 1 approved a small increase to its $140-Million per team annual...
3y ago from GrandPrix247.com
F1 makes decision on calls for budget cap increase
A meeting of the F1 Commission has resulted in a decision being made...
3y ago from PlanetF1.com
F1 tweaks budget cap to reflect inflation
Formula One approved a small increase to its $140 million per team annual...
3y ago from espnF1.com
Budget cap increased, technical directive on...
On Friday morning in Austria, the FIA and Formula One teams met to...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi never thought Australian GP win was...
No description available...
55m ago from Motorsport.com
MotoGP Australian GP: Raul Fernandez scores underdog...
No description available...
2h ago from Motorsport.com
Raul Fernandez earns maiden MotoGP victory in dominant...
Raul Fernandez scored his maiden victory in the premier class through a...
2h ago from MotorsportWeek.c...
MotoGP Australian GP: Marco Bezzecchi takes dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher is “very open” to exploring an...
No description available...
4d ago from Motorsport.com
Rinus VeeKay wants “to make it hard on everybody”...
No description available...
3d ago from Motorsport.com
Rinus VeeKay signs with Juncos Hollinger Racing for...
Juncos Hollinger Racing has announced that it has signed Rinus VeeKay for...
4d ago from MotorsportWeek.c...
WATCH: Alex Palou talks F1 dream, perfecting his craft...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Neuville crashes out – stage 15 cancelled
The final day of the Central European Rally started in dramatic fashion...
35m ago from MotorsportWeek.c...
Rovanperä holds a comfortable lead on Central...
Kalle Rovanperä emerged from a drama-filled day with a comfortable 36.3...
12h ago from MotorsportWeek.c...
Sebastien Ogier explains Central Europe WRC exit
No description available...
18h ago from Motorsport.com
WRC Central Europe: Kalle Rovanpera in control after...
No description available...
14h ago from Motorsport.com
Popular On GunnersToday.com
Sources: French attacker is being closely monitored by...
A new name is starting to capture the attention of Europe’s biggest...
2h ago from CaughtOffside.com
Leandro Trossard sinks Fulham to keep Arsenal riding...
s was a mechanical performance from Arsenal but it was enough. Enough to...
10h ago from TheGuardian.com
Fulham 0-1 Arsenal: Premier League – as it happened
ther goal from a corner, another three points for the Premier League...
10h ago from TheGuardian.com
Trossard strikes as Arsenal beat Fulham to move three...
Arsenal moved three points clear at the top of the Premier League as...
13h ago from SkySports.com
Comments
Hottest News
‘Looks like it could work out' for Verstappen –...
Oct.19 Max Verstappen's late-season resurgence... Read More »
1h ago from OneStopStrategy.com
Adjusted 2025 F1 United States Grand Prix starting grid...
Check out the full starting grid ahead of the... Read More »
2h ago from RacingNews365.com
F1 star handed PENALTY ahead of US Grand Prix after clumsy...
An F1 star has been handed a major penalty at... Read More »
55m ago from GPFans.com