News Details
Formula 1 set for $175m cost cap from 2021
A cost cap has long been discussed in Formula 1, and on every occasion it has failed to come to fruition, but a new push for a cap to be imposed for 2021 looks set to go through with the agreement of a far more relaxed budget than initially intended. A figure of $175 million (£137m, €154m) has been put forward following lengthy negotiations with the teams, and arguably given the size of the budget, it's clear the big teams have got their way with initial plans for a sliding scale scrapped. Initially it had been proposed to start at $200m, reducing to $150m over a period of five years, but the $175m figure will remain stable from 2021 through 2025 – in fact there is...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Abiteboul emphasizes that there's no need for drama...
Renault team principal Cyril Abiteboul says there is no reason to panic...
6y ago from GPBlog.com
Still major disagreements to iron out over 2021 rules...
Formula 1 CEO Chase Carey has admitted that there are still huge details...
6y ago from GPBlog.com
Renault starting 2021 development now!
Renault F1 team have had a very disappointing 2019 season so far, and...
6y ago from GPBlog.com
Horner: Fun really begins when 2021 F1 rules are put...
Red Bull boss Christian Horner has warned the 2021 Formula 1 rules...
6y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
How far has Francesco Bagnaia fallen behind compared...
No description available...
21h ago from Motorsport.com
Franco Morbidelli renews with VR46 Racing Team for...
Franco Morbidelli has announced he will remain a satellite Ducati rider...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
11h ago from MotorsportWeek.c...
Will Power released after 17 years with Team Penske
Team Penske has parted ways with veteran IndyCar driver Will Power, the...
20h ago from MotorsportWeek.c...
Will Power and Team Penske officially part ways after...
No description available...
20h ago from Motorsport.com
Rinus VeeKay won't return to Dale Coyne Racing in 2026
No description available...
13h ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
2d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
1d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
“It’s easy to criticise if you’re not on the...
Viktor Gyokeres has shared his thoughts on Freddie Ljungberg's criticism...
48m ago from SportsKeeda.com
The good, the bad and the ugly - every club's transfer...
We asked you to rate every Premier League club's summer transfer window -...
1h ago from SkySports.com
Adapting to the Premier League: Gyokeres and the...
No description available...
1h ago from SkySports.com
Nottingham Forest secure late loan move for Zinchenko
Nottingham Forest have pulled off a late Deadline Day loan move for...
1h ago from SkySports.com
Comments
Hottest News
McLaren issue Mercedes twist after confirming blame for...
McLaren have issued an update on the incident... Read More »
2h ago from GPFans.com
Ferrari unveils Niki Lauda tribute livery for F1 Italian GP
Ferrari has unveiled a special 50th anniversary... Read More »
1h ago from MotorsportWeek.com
Why Fernando Alonso was ‘angry at the world' after F1...
Aston Martin Team Principal Mike Krack has... Read More »
3h ago from MotorsportWeek.com
