News Details
Plans to make F1 'more competitive' from 2021
Formula 1 faces a pivotal meeting on Tuesday as bosses present their plans to the teams for the future of the sport from 2021. Owners Liberty Media and governing body the FIA are to introduce a budget cap and restructure revenue distribution to try and make F1 more competitive. The agenda for the meeting has been sent to teams without specific details. The package is the result of 12 months of talks after Liberty first presented its hopes for F1's future last April. The meeting will discuss: Cap on teams' annual budgets, starting in either 2020 or 2021 at a figure above $200m (£151m) a year and reducing to below $150m (£114m) within three or four years Revised revenue...
Full Story »
Full Story »
You May Also Be Interested In...
Zak Brown looks at 2021 rule changes as questions over...
Zak Brown has admitted that McLaren could be forced to leave Formula 1 in...
6y ago from GPBlog.com
Wolff optimistic about 2021 regulation talks
Mercedes boss Toto Wolff believes that “momentum” is growing for...
6y ago from GPFans.com
Wolff still opposed to Liberty's budget cap plans
Mercedes team principal Toto Wolff has renewed the Silver Arrows'...
6y ago from GPFans.com
Steiner: Teams need clarity on 2021 regulation changes
Haas F1 boss Guenther Steiner has said the Formula 1 teams need clarity...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin explains contrast between his MotoGP...
No description available...
4h ago from Motorsport.com
What is going on with Francesco Bagnaia in MotoGP?
No description available...
10h ago from Motorsport.com
How Max Verstappen and Lewis Hamilton are racing to...
No description available...
13h ago from Motorsport.com
Alex Márquez wins Catalan Grand Prix to end...
t;li>Marc Márquez’s winning streak ends at home grand prixAlex...
2d ago from TheGuardian.com
Popular On IndyCarToday.com
Christian Lundgaard calls first McLaren season a...
No description available...
2h ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
6d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
6d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
1w ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal looking to land 24-year-old...
Real Madrid are interested in signing the VfB Stuttgart midfielder Angelo...
1h ago from CaughtOffside.com
“Just cash in and sell him” - Martin Odegaard...
Arsenal captain Martin Odegaard has revealed that he would opt to sell...
2h ago from SportsKeeda.com
Report: Man United preparing 40 million offer to sign...
Manchester United are interested in signing the Sporting CP defender Zeno...
4h ago from CaughtOffside.com
'I think that's deranged' - Arsenal legend hits back...
Former Arsenal defender Martin Keown has claimed that Peter Schmeichel's...
9h ago from SportsKeeda.com
Comments
Hottest News
Williams finally handed right of review date into...
Williams will finally get to have its case heard. Read More »
3h ago from RacingNews365.com
The nightmare scenario that will see McLaren choose who...
McLaren have just set the precedent for the team... Read More »
2h ago from GPFans.com
Hamilton and Verstappen in sensational 'team ownership' move
F1 stars Lewis Hamilton and Max Verstappen are... Read More »
4h ago from GPFans.com
