News Details
Abiteboul doubts further reduction of budget cap 'Is a challenge'
Despite the fact that we are still in the middle of the corona crisis, it is already clear that the pandemic has a huge impact on Formula 1.The budget limit is making its entrance and will possibly drop even further so that the teams will not go under financially. Cyril Abiteboul hopes that there are still ten teams active in Formula 1, or more, after the crisis. 100 or 150 million Renault's team boss lost an important member of the team this week. Daniel Ricciardo will be driving for McLaren from 2021. A financial advantage is that they no longer have to pay the Australian's enormous salary, although Abiteboul indicates that they don't have to worry about cuts at Renault. According to the...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 set for five-year sliding-scale budget cap
F1 teams are reportedly considering a five-year budget cap plan that to...
5y ago from F1i.com
Abiteboul congratulates Verstappen: ''That salary...
The budget ceiling for 2021 has been set at $145 million and the teams...
5y ago from GPBlog.com
Abiteboul takes parting shot at Ricciardo
Renault boss Cyril Abiteboul has directed some veiled criticism at his...
5y ago from GrandPrix247.com
McLaren is considering to pledge The MTC and historic...
McLaren is also feeling the financial consequences of the corona crisis....
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
How three different problems plagued Ducati's Czech GP...
No description available...
18h ago from Motorsport.com
Marc Marquez wins Brno MotoGP Sprint race
Marc Marquez continued his Saturday afternoon dominance with another...
22h ago from MotorsportWeek.c...
Pedro Acosta turns around ‘dark’ MotoGP season...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Toronto – Qualifying Results
A knockout qualifying session for the NTT IndyCar Series took place on...
16h ago from MotorsportWeek.c...
Colton Herta takes pole as he aims for IndyCar Toronto...
No description available...
13h ago from Motorsport.com
Colton Herta hauls in IndyCar pole in Toronto
IndyCar completed a busy qualifying session on the streets of Toronto...
16h ago from MotorsportWeek.c...
Andretti tops Team Penske in IndyCar’s second...
IndyCar took to the streets of Toronto on Saturday morning, turning...
20h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Estonia: Oliver Solberg dominates in shock...
No description available...
52m ago from Motorsport.com
WRC: Oliver Solberg still leading after Saturday Rally...
No description available...
17h ago from Motorsport.com
SuperSwede Solberg in command on Rally Estonia
Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...
17h ago from MotorsportWeek.c...
Oliver Solberg almost doubles Rally Estonia lead as...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Viktor Gyokeres' move to Arsenal at risk of collapse...
Arsenal's reported move for Sporting CP striker Viktor Gyokeres could...
42m ago from SportsKeeda.com
'I know you’re going to be incredible for us' -...
Arsenal midfielder Declan Rice has penned a welcome letter to new signing...
42m ago from SportsKeeda.com
Arsecast Extra Episode 649 – 20.07.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com
Arsenal prepare £69 million bid to sign Liverpool...
Arsenal are reportedly preparing a £69 million offer to sign Real Madrid...
1h ago from SportsKeeda.com
Comments
Hottest News
Red Bull DENIED F1 emergency help
Red Bull have no lifeline to fall back on in... Read More »
2h ago from GPFans.com
Would Max Verstappen leaving Red Bull actually be a good...
An interesting Max Verstappen question is the... Read More »
41m ago from RacingNews365.com
Lance Stroll urged to apologise for ‘unacceptable' F1...
Ex-F1 driver Ralf Schumacher laid into Lance... Read More »
2h ago from MotorsportWeek.com
