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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...
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