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 »
5y 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...
5y ago from F1i.com
Brown hammers 'in denial' Ferrari over stance on...
McLaren F1 boss Zak Brown has called out Ferrari for its inflexible...
5y 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...
5y 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...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta buoyed by KTM turnaround in MotoGP 2025...
No description available...
2h ago from Motorsport.com
Brake problems again behind lack of pace for Francesco...
No description available...
2h ago from Motorsport.com
Aprilia 'feels like home' despite contract standoff,...
No description available...
2h ago from Motorsport.com
Marc Marquez only cares about MotoGP title and not...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward muscles his way to IndyCar victory in...
During IndyCar’s yearly visit north of the border in Canada, the series...
49m ago from MotorsportWeek.c...
Santino Ferrucci out of Toronto IndyCar race after...
No description available...
4h ago from Motorsport.com
IndyCar Toronto – Race Results
IndyCar completed its sole visit across the border this weekend, with a...
29m ago from MotorsportWeek.c...
Ferrucci ruled out of IndyCar Toronto round after...
AJ Foyt Racing has announced that Santino Ferrucci will not compete in...
4h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How the WRC service park reacted to Oliver Solberg's...
No description available...
1h ago from Motorsport.com
Oliver Solberg: WRC Rally Estonia win "biggest...
No description available...
3h ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
7h ago from MotorsportWeek.c...
WRC Rally Estonia: Oliver Solberg dominates in shock...
No description available...
7h ago from Motorsport.com
Popular On GunnersToday.com
'We have a great chance of winning a trophy' - Arsenal...
Arsenal defender Gabriel Magalhaes has claimed that the Gunners have a...
1h ago from SportsKeeda.com
Gabriel Magalhaes makes claim about Victor Gyokeres...
Arsenal defender Gabriel Magalhaes has heaped praise on Viktor Gyokeres...
1h ago from SportsKeeda.com
Manchester United have added player previously linked...
Manchester United have reportedly added Arsenal-linked forward Benjamin...
2h ago from SportsKeeda.com
Fabrizio Romano says Man Utd ‘will surely'...
Fabrizio Romano has confirmed that Benjamin Sesko's name continues to be...
3h ago from CaughtOffside.com
Comments
Hottest News
Jonathan Wheatley reveals moment that triggered Red Bull...
Sauber Team Principal Jonathan Wheatley has... Read More »
5h ago from MotorsportWeek.com
Is Lewis Hamilton 'bigger' than Ferrari?
Lewis Hamilton and Ferrari. Two of the biggest... Read More »
20m ago from GPFans.com
McLaren CEO surprised by ‘timing’ but not...
McLaren CEO Zak Brown believes Christian Horner... Read More »
2h ago from MotorsportWeek.com
