News Details
Liberty Media think budget cap "pretty much accepted" by F1 teams
Liberty Media CEO Greg Maffei has revealed that Formula 1 teams are now relatively close to accepting a budget cap system in the sport, as the American claims "huge progress" has been made in the effort to install the cap. The new owners of F1 have pushed the agenda of introducing a budget cap in 2021 for a long time, as the current disparity in budgets between the likes of Mercedes and a team like Haas F1 is monumental - hundreds of millions. “I think that huge progress has been made,” Greg Maffei was quoted by Motorsport.com. “Sure there are issues to be debated. F1 has talked about putting cost caps in for 15 years or more, and when we...
Full Story »
Full Story »
6y ago from GPBlog.com
0
You May Also Be Interested In...
Mercedes' dominance frustrating Liberty Media
Liberty Media chief executive Greg Maffei says Mercedes' record-breaking...
6y ago from GPFans.com
Mercedes doing ‘too well', says Liberty Media
Liberty Media CEO Greg Maffei believes Mercedes are 'doing too well' and...
6y ago from PlanetF1.com
Mercedes doing ‘too well' says Liberty Media
Liberty Media CEO Greg Maffei believes Mercedes are 'doing too well' and...
6y ago from PlanetF1.com
Liberty: ‘Huge progress' made in 2021 talks
Liberty Media CEO Greg Maffei has said that Formula 1 and its teams are...
6y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why the next contract matters more to Fabio Quartararo...
No description available...
6h ago from Motorsport.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
1d ago from Motorsport.com
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Christian Lundgaard earns IndyCar pole, will start...
Drivers of the NTT IndyCar Series took to Portland International Raceway...
21h ago from MotorsportWeek.c...
Jacob Abel: ‘I would hate if this was my only...
Jacob Abel is one of three rookies in IndyCar this season, and is hopeful...
1d ago from MotorsportWeek.c...
IndyCar Portland – Qualifying Results
IndyCar rolled into Portland or the second event of a West Coast swing,...
21h ago from MotorsportWeek.c...
Pato O’Ward on IndyCar pole in Portland after...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
5d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'Might go' – Arsenal legend names the Gunners...
Arsenal legend Alan Smith believes it might now be the right time for...
4h ago from CaughtOffside.com
Report: Arsenal could bring back former Premier League...
Ademola Lookman has been linked with a return to the Premier League in...
4h ago from CaughtOffside.com
Arsenal summer signing Martin Zubimendi praises 2...
Arsenal midfielder Martin Zubimendi has heaped praise on Declan Rice and...
7h ago from SportsKeeda.com
Arsenal 3-0 Athletic Bilbao – observations
Arsenal's pre-season fixtures concluded yesterday with a 3-0 win over...
9h ago from Arseblog.com
Comments
Hottest News
F1 News Today: Official Lewis Hamilton announcement sends...
F1's beady-eyed social media fan base have been... Read More »
3h ago from GPFans.com
Expensive, old and set in his ways - Examining the reasons...
Lewis Hamilton has been tentatively linked with a... Read More »
32m ago from GPFans.com
Pierre Gasly on Yuki Tsunoda struggles at Red Bull: 'I know...
Pierre Gasly has revealed how he is helping Yuki... Read More »
1h ago from RacingNews365.com
