News Details
‘Ferrari has agreed to reduced cap but…'
Good news for McLaren and others wanting a lower budget cap, Ferrari has reportedly agreed to lowering the cap to $130m…but only in 2023. Formula 1, like the rest of the world, is in the midst of a financial crisis. The 2020 season has yet to get underway after what would have been the season-opening Australian Grand Prix was cancelled two hours before the green flag was expected to be waved for FP1. Teams are losing money by the millions for every grand prix missed, and that list is up to 10 after France cancelled its race. In the immediate aftermath of the Australian cancellation, the F1 team bosses all agreed to run this year's chassis next season and to lower the 2021 budget cap...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
New FIA rule could crush Ferrari budget cap roadblock
A safeguard clause added to the FIA's sporting code could quell Ferrari's...
4y ago from F1i.com
Brown hammers 'in denial' Ferrari over stance on...
McLaren F1 boss Zak Brown has called out Ferrari for its inflexible...
4y ago from F1i.com
McLaren: Ferrari's cap comments don't reflect reality
With Ferrari pushing back on the lowering of the budget cap, Zak Brown...
4y ago from PlanetF1.com
Brown clear: 'The sport can continue without Ferrari'
Zak Brown is not at all happy with the way conversations are currently...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez reveals his first impressions after...
Eight-time MotoGP champion Marc Marquez revealed his first impressions...
1h ago from MotorsportWeek.c...
Bagnaia: New Ducati GP25 a “huge” step forward...
No description available...
1h ago from Motorsport.com
Yamaha exceeded own expectations with updated M1 in...
No description available...
3h ago from Motorsport.com
Martin ‘feared’ he would never win a MotoGP title...
No description available...
4h 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...
58m ago from MotorsportWeek.c...
IndyCar hopefuls complete test day at Thermal Club
Six different drivers completed a private test day at The Thermal Club on...
14h ago from MotorsportWeek.c...
Arrow McLaren parts ways with IndyCar Team Principal...
Arrow McLaren announced on Tuesday that Team Principal Gavin Ward has...
19h ago from MotorsportWeek.c...
Arrow McLaren and Team Principal Gavin Ward part ways
No description available...
21h ago from Motorsport.com
Popular On TotalWRC.com
Tanak can fight “without hands tied” in WRC title...
No description available...
2h 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
Arsenal transfer news: Martin Odegaard replica deal to...
Arsenal are reportedly interested in signing a Real Madrid prospect in a...
38m ago from SportsMole.co.uk
“Let’s be honest, what has he done?' - Pundit...
No description available...
1h ago from SportsKeeda.com
'The attraction…' – World class star drops...
Bayern Munich winger Leroy Sane has dropped an intriguing hint over his...
3h ago from CaughtOffside.com
Arsenal star linked with surprise move to Turkish...
No description available...
3h ago from SportsKeeda.com
Comments
Hottest News
Verstappen samples Acura IMSA GTP racer ahead of Vegas GP
Three-time F1 world champion Max Verstappen... Read More »
1h ago from F1i.com
F1 News Today: Hamilton BOMBSHELL drops as Ferrari announce...
A financial claim has been made concerning... Read More »
3h ago from GPFans.com
Isack Hadjar ‘next in line' for Red Bull F1 seat
Red Bull Junior Driver Isaac Hadjar said... Read More »
1h ago from MotorsportWeek.com
