News Details
Formula 1 postpone budget cap meeting
Formula 1 have delayed a meeting which was designed to discuss the posibility of lowering the upcoming budget cap until next week. The budget cap is set to come in for 2021, even though the new regulations have been pushed back until 2022, with a limit of $175m for a season. However, there are major exemptions such as driver salaries, wages for the top three executives in a team and engine costs. A deal has been reached in principal to now lower this cap to $150m with the same exemptions, but the top three teams are concerned over talks to lower it even further – McLaren CEO Zak Brown has warned that Ferrari and Red Bull are playing with fire over the cap. Mercedes, Ferrari and Red...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Formula 1 budget cap meeting postponed
A meeting of Formula 1 bosses to discuss a lowering of the sport's budget...
5y ago from BBC.co.uk
F1 teams agree to explore budget cap further after...
Formula 1 bosses ended their crisis meeting on Monday with an agreement to...
5y ago from BBC.co.uk
Cost cap debate rumbles on with R&D on the table
Monday's meeting of the Formula 1 team bosses and F1 chiefs ended without...
5y ago from PlanetF1.com
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Honda stuck at "similar potential" to 2025...
No description available...
13h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
17h ago from Motorsport.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Firestone introducing ENLITEN Technology for 2026...
No description available...
9h ago from Motorsport.com
Barnes: IndyCar officiating is already starting to...
No description available...
1d ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
1d ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Watch: Tottenham fans will love what Archie Gray was...
While the 4-1 scoreline in the North London Derby left Tottenham Hotspur...
5h ago from CaughtOffside.com
'As it stands..': Latest on Liverpool move for 100m...
Liverpool have been heavily linked with a move for Yan Diomande in recent...
6h ago from CaughtOffside.com
'I don’t like all that' – Scholes slams...
Arsenal may have secured a dominant 4-1 victory over Tottenham on Sunday,...
8h ago from CaughtOffside.com
'It’s hard to take that out' - Paul Scholes names...
Paul Scholes has said Arsenal midfielder Declan Rice ‘looks too...
10h ago from SportsKeeda.com
Comments
Hottest News
Horner names the true culprits of his Red Bull exit
Christian Horner has offered a revealing look... Read More »
13h ago from F1i.com
F1 Australian Grand Prix Tickets: The full guide to 2026...
The Australian Grand Prix will open the F1 season... Read More »
3h ago from GPFans.com
The moment Daniel Ricciardo knew Red Bull reign was over
Daniel Ricciardo was Red Bull's brightest star... Read More »
6h ago from GPFans.com
