News Details
Brawn: Budget cap reduction needed to keep ‘big teams' in F1
Formula 1 would have lost manufacturers without the announcement of a reduced budget cap for 2021, according to Ross Brawn. The managing director of motorsports at Formula 1 told the FIA eConference this week that the decision to cut the cost cap to $145m from the initial $175m was crucial in safeguarding the sports future in the light of the coronavirus pandemic. 'This crisis gave us the opportunity that we knew the budget cap always would,' Brawn said. 'Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis in the future, we can adjust the budget cap to take account, and all accept that the ideal level changes. 'I think...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Steiner: "In good times, F1 shouldn't come back...
One of the most important changes for Formula 1 is the introduction of...
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
Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all...
5y ago from F1i.com
''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
Elsewhere On The Network
Popular On MGPToday.com
2026 MotoGP Buriram Test: Schedule, entry list and how...
No description available...
4h ago from Motorsport.com
Trackhouse boss suggests crucial change to MotoGP...
No description available...
5h ago from Motorsport.com
Ducati: 2027 MotoGP rules designed to prevent us from...
No description available...
9h ago from Motorsport.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher gaining confidence on ovals after...
No description available...
6h ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
1d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
1d ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
4d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
5d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
5d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Man United accelerate move for 'generational' talent,...
Manchester United are hoping to sign the Brazilian attacker Gabriel...
2h ago from CaughtOffside.com
Liverpool join Arsenal in race for 23-year-old...
Arsenal and Liverpool are interested in signing the PSG attacker Bradley...
2h ago from CaughtOffside.com
Eze plays long game but end-of-season form could give...
ymaker, out of favour under Mikel Arteta, has scored 18 of his 38 Premier...
2h ago from TheGuardian.com
Comments
Hottest News
F1 star jetted off from testing just 12 MINUTES after their...
A Sky Sports F1 star has revealed a hilarious... Read More »
5h ago from GPFans.com
F1 rivals no more? Lewis Hamilton and Max Verstappen get...
Old F1 rivalries appear to have dissipated in... Read More »
33m ago from GPFans.com
F1 2026 Bahrain pre-season 2nd Test - Day 3 full results
Check out the full results from the third day of... Read More »
6h ago from RacingNews365.com
