News Details
Todt: Two-tier budget cap is being discussed
FIA president Jean Todt has revealed that a different budget cap for supplier and customer F1 teams is being considered. The $175m-per-season budget cap which is set to come into force from 2021 has been a subject for much debate with teams widely accepting the argument that its limit should be further reduced. Under the cap there will be exceptions for costs such as driver salaries, pay for the top three executives and engine costs. While a deal had been reached in principal to lower that value to $150m, the meeting to finalise such changes was delayed after the BBC reported that the three leading teams (Mercedes, Ferrari and Red Bull), had sent extra analysis and new ideas to the FIA for...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
4y ago from F1i.com
Binotto suggests different budget limits for different...
Formula 1 has set a budget limit of 175 million for 2021. An amount that...
4y ago from GPBlog.com
Binotto: Maybe the answer is not a single budget cap
Formula 1 has to consider the 'different situations' some teams find...
4y ago from GrandPrix247.com
Todt: Cost cap must be reduced, but we must not start...
Formula 1 is debating the merits of two proposals to further reduce the...
4y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Di Giannantonio reveals he won't be ‘100%'...
Fabio Di Giannantonio has provided a health update after his shoulder...
2h ago from MotorsportWeek.c...
Bagnaia: New Ducati GP25 a “huge” step forward...
No description available...
5h ago from Motorsport.com
Marc Marquez reveals his first impressions after...
Eight-time MotoGP champion Marc Marquez revealed his first impressions...
6h ago from MotorsportWeek.c...
Yamaha exceeded own expectations with updated M1 in...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Max Verstappen gets first taste of Acura GTP
Max Verstappen got his first taste of an Acura ARX-06 GTP car in a recent...
5h ago from MotorsportWeek.c...
Sting Ray Robb joins Juncos Hollinger Racing for 2025...
No description available...
3m ago from Motorsport.com
IndyCar hopefuls complete test day at Thermal Club
Six different drivers completed a private test day at The Thermal Club on...
18h ago from MotorsportWeek.c...
Arrow McLaren parts ways with IndyCar Team Principal...
Arrow McLaren announced on Tuesday that Team Principal Gavin Ward has...
23h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Tanak can fight “without hands tied” in WRC title...
No description available...
6h ago from Motorsport.com
Toyota targets "almost perfect” Rally Japan to...
No description available...
1d ago from Motorsport.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
2d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Liverpool interested in signing Barcelona star as they...
No description available...
33m ago from SportsKeeda.com
Arsenal transfer news: Mikel Arteta to cash in on...
Arsenal manager Mikel Arteta may allegedly look to cash in on three squad...
1h ago from SportsMole.co.uk
Hansi Flick ready to sell 3 Barcelona players...
No description available...
1h ago from SportsKeeda.com
Ethan Nwaneri: Has Mikel Arteta 'missed a trick' with...
Arsenal expert Charles Watts tells Sports Mole that Mikel Arteta 'missed a...
2h ago from SportsMole.co.uk
Comments
Hottest News
McLaren announce team principal EXIT with official statement
McLaren have released an official statement... Read More »
43m ago from GPFans.com
Ex-Sky F1 pundit speculates further changes after Hill exit
Damon Hill confirmed last week he will be... Read More »
1h ago from RacingNews365.com
The F1 Las Vegas Grand Prix CURFEW fans must be aware of
Formula 1 returns to the United States for a... Read More »
1h ago from GPFans.com