News Details
Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all its manufacturers had it not reduced its budget cap for 2021. Teams were initially set to deal with a spending limit fixed at $175 million, but the onslaught of the coronavirus pandemic and its economic impact on F1 forced an additional cut-back to $145 million. Brawn reckons that change was crucial in convincing all manufacturers to remain in the sport. "This crisis gave us the opportunity that we knew the budget cap always would," Brawn said, speaking at this week's FIA eConference. "Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis...
Full Story »
Full Story »
You May Also Be Interested In...
Reduced Budget Cap Could Tempt New Manufacturers to...
The reduced budget cap being introduced into the Formula 1 regulations...
5y ago from TheCheckeredFlag....
''Without the lower budget cap, we would have had...
Ross Brawn, Chase Carey and the Liberty Media team have done their utmost...
5y ago from GPBlog.com
Racing Point: 'Budgetcap will only have a real impact...
From 2021 there will be a budget cap in Formula 1. From that moment on,...
5y ago from GPBlog.com
F1 couldn't have retained manufacturers without budget...
As the world ponders the inevitable financial meltdown that is almost...
5y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
17h ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
1d ago from Motorsport.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
14h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
13h ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
1d ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
6d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 653 – 11.08.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
15h ago from Arseblog.com
“I’d agree” - Alan Shearer and Gary Lineker say...
Alan Shearer and Gary Lineker believe that Viktor Gyokeres' arrival might...
17h ago from SportsKeeda.com
Terms agreed: Arsenal close in on marquee signing...
Arsenal manager Mikel Arteta plans to continue his transfer business with...
19h ago from CaughtOffside.com
Jose Mourinho makes offer to sign Arsenal star; wants...
Former Premier League winning-coach Jose Mourinho wants to sign Arsenal...
18h ago from SportsKeeda.com
Comments
Hottest News
'Things change,' claims Coulthard as he reflects on...
Former Red Bull driver David Coulthard claims... Read More »
45m ago from F1Technical.net
Former Ferrari star tipped to replace Lewis Hamilton in...
Lewis Hamilton has been tipped to be replaced by... Read More »
10h ago from GPFans.com
Lewis Hamilton admits he was caught out by Ferrari...
Seven-time F1 world champion Lewis Hamilton has... Read More »
8h ago from GPFans.com
