News Details
Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all its manufacturers had it not reduced its budget cap for 2021. Teams were initially set to deal with a spending limit fixed at $175 million, but the onslaught of the coronavirus pandemic and its economic impact on F1 forced an additional cut-back to $145 million. Brawn reckons that change was crucial in convincing all manufacturers to remain in the sport. "This crisis gave us the opportunity that we knew the budget cap always would," Brawn said, speaking at this week's FIA eConference. "Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis...
Full Story »
Full Story »
You May Also Be Interested In...
Reduced Budget Cap Could Tempt New Manufacturers to...
The reduced budget cap being introduced into the Formula 1 regulations...
4y ago from TheCheckeredFlag....
''Without the lower budget cap, we would have had...
Ross Brawn, Chase Carey and the Liberty Media team have done their utmost...
4y ago from GPBlog.com
Racing Point: 'Budgetcap will only have a real impact...
From 2021 there will be a budget cap in Formula 1. From that moment on,...
4y ago from GPBlog.com
F1 couldn't have retained manufacturers without budget...
As the world ponders the inevitable financial meltdown that is almost...
4y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Mir on Honda's lack of new parts in Barcelona MotoGP...
No description available...
58m ago from Motorsport.com
Alex Marquez tops Barcelona MotoGP test as Marc makes...
No description available...
2h ago from Motorsport.com
Ducati trials two-way radio communication in Barcelona...
No description available...
5h ago from Motorsport.com
Pramac Yamaha team to make Moto2 debut in 2025
Pramac Yamaha have officially announced its partnership will extend into...
3h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Arrow McLaren and Team Principal Gavin Ward part ways
No description available...
2h ago from Motorsport.com
Arrow McLaren parts ways with IndyCar Team Principal...
Arrow McLaren announced on Tuesday that Team Principal Gavin Ward has...
8m ago from MotorsportWeek.c...
Despite three IndyCar titles, Palou feels incomplete...
No description available...
4d ago from Motorsport.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota targets "almost perfect” Rally Japan to...
No description available...
7h ago from Motorsport.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
1d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
4d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Ben White England return: Thomas Tuchel told how to...
Arsenal expert Charles Watts tells Sports Mole that Ben White will...
3h ago from SportsMole.co.uk
“Arteta loves to play games': 27-year-old Arsenal...
The margins in the Premier League are often very fine and in order to get...
2h ago from CaughtOffside.com
Mikel Arteta has told Arsenal he wants to reinforce...
No description available...
1h ago from SportsKeeda.com
Arsenal transfer news: Barcelona 'set Raphinha asking...
Barcelona reportedly reach a decision over what they deem to be an...
2h ago from SportsMole.co.uk
Comments
Hottest News
Ferrari issue official statement in huge UPDATE on 2025...
Ferrari have issued an official statement on... Read More »
1h ago from GPFans.com
Schumacher responds to Perez's father's comments: 'Not how...
Recently, Sergio Perez's father, Antonio Perez... Read More »
3h ago from GPBlog.com
Ferrari confirm exit of long-time F1 driver
Ferrari junior ace Robert Shwartzman is off to... Read More »
1h ago from RacingNews365.com
