News Details
Wolff ‘fought hard' in F1 budget cap meeting
Jul.9 Toto Wolff admits he 'fought hard' during Friday's meeting of the F1 Commission in Austria. Top of the agenda was the budget cap, with smaller teams arguing on one hand for no changes to the $140 million limit while top teams insist that raging inflation demands an increase. Ultimately, the FIA agreed that there is a 'risk of non-compliance if actions are not taken', and therefore the cap has been increased by 3.1 percent – about $4.5 million. 'It is not so easy to explain all the nuances, so I'll just say that the increase that was agreed today only partially compensates for inflation and does not include an increase for logistics,' said Mercedes boss Toto Wolff. Williams...
Full Story »
Full Story »
3y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Formula 1 approves minor increase on budget cap
Formula 1 approved a small increase to its $140-Million per team annual...
3y ago from GrandPrix247.com
F1 makes decision on calls for budget cap increase
A meeting of the F1 Commission has resulted in a decision being made...
3y ago from PlanetF1.com
F1 tweaks budget cap to reflect inflation
Formula One approved a small increase to its $140 million per team annual...
3y ago from espnF1.com
Budget cap increased, technical directive on...
On Friday morning in Austria, the FIA and Formula One teams met to...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo wants to test Yamaha’s V4 MotoGP...
No description available...
1h ago from Motorsport.com
Francesco Bagnaia will find his championship-winning...
No description available...
1h ago from Motorsport.com
Joan Mir reveals ‘realistic position’ for Honda...
Joan Mir revealed his sixth-place in Sunday’s Austrian MotoGP race was...
1d ago from MotorsportWeek.c...
Francesco Bagnaia ‘running out of patience’ with...
Francesco Bagnaia revealed it is “difficult to explain” his 2025...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
PREMA adapting European approach to better suit IndyCar
PREMA has nearly completed its first season fielding a pair of entries in...
38m ago from MotorsportWeek.c...
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
21h ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
23h ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
8m ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
6d ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Brilliant deal' – Former player claims Arsenal...
Arsenal have been praised for signing Eberechi Eze in what looks like...
48m ago from CaughtOffside.com
Paul Merson predicts Manchester City vs Tottenham,...
It's only been a week since the Premier League returned and what a joy it...
1h ago from SportsKeeda.com
Episode 841 – Eze does it
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
2h ago from Arseblog.com
After Eze: Arsenal could be involved in £80m plus...
Arsenal are edging closer to yet another signing this summer as they make...
4h ago from CaughtOffside.com
Comments
Hottest News
Ex-F1 chief urges Ferrari to sign rookie as long-term...
Former F1 chief Bernie Ecclestone has urged... Read More »
48m ago from MotorsportWeek.com
'I got it wrong': F1 champion reveals major career regret
An F1 champion has opened up on his biggest... Read More »
3h ago from GPFans.com
Russell: I thought I’d fight for the F1 title sooner at...
George Russell admits he expected to be battling... Read More »
58m ago from GrandPrix247.com