News Details

Binotto suggests different budget limits for different teams

Formula 1 has set a budget limit of 175 million for 2021. An amount that has been discussed for years. Now that the corona crisis is endangering the survival of the smaller F1 teams, the possibility of reducing this limit even further is being discussed (among others by Zak Brown of McLaren).   For Mercedes, Red Bull Racing and Ferrari in particular, reducing this budget to, say, 100 million euros would have enormous consequences. In just over a year, they would be left with less than a quarter of their annual budget, making it almost inevitable that many employees would be out on the streets. Read more 'Ferrari tried to avoid longer lockdown due to its own circumstances' Mattia...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Smaller F1 teams target budget cap reduction to $100M!

Formula 1's smaller teams, who are most vulnerable to the sport's...
5y ago from F1i.com

Brown fears F1 will be decimated unless budget cap is...

For some time, there has been speculation over the future of at least...
5y ago from Pitpass.com

‘Smaller teams want lower cap, Ferrari says no'

Formula 1's smaller teams are pushing for next year's budget cap to be...
5y ago from PlanetF1.com

Brown warns of 'potentially devastating' threat to F1...

McLaren boss Zak Brown says the coronavirus crisis could threaten the...
5y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Manchester United vs Arsenal Prediction and Betting...

The Premier League features a clash between two of the competition's...
4h ago from SportsKeeda.com

Arteta: This is the most difficult Premier League...

Arsenal manager Mikel Arteta believes the Premier League competition is...
7h ago from SkySports.com

Will Benjamin Sesko star for Manchester United in PL...

Manchester United boss Ruben Amorim has opened up about Benjamin Sesko...
8h ago from SportsKeeda.com

Ruben Amorim warns Arsenal new signing 'is ready' to...

Manchester United manager Ruben Amorim has said that new signing Benjamin...
10h ago from CaughtOffside.com

Comments

Hottest News

Liam Lawson blames Red Bull for 2025 axing

Former Red Bull F1 driver Liam Lawson has blamed... Read More »
2h ago from GPFans.com

Newey reflects on his arrival at Aston Martin

Having joined Aston Martin at the beginning of... Read More »
4h ago from F1Technical.net

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.