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
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
7h 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
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
3h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
3h ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
18h ago from MotorsportWeek.c...
Will Power victorious after tense battle for the top...
IndyCar tackled the final road course of the season on Sunday, completing...
18h 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...
4h ago from Arseblog.com
“I’d agree” - Alan Shearer and Gary Lineker say...
Alan Shearer and Gary Lineker believe that Viktor Gyokeres' arrival might...
7h ago from SportsKeeda.com
Arsenal latest: 'Players come and go' - Parish coy...
No description available...
7h ago from SkySports.com
Jose Mourinho makes offer to sign Arsenal star; wants...
Former Premier League winning-coach Jose Mourinho wants to sign Arsenal...
7h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton urged to retire as Red Bull decision branded...
The latest episode of the RacingNews365 Podcast... Read More »
2h ago from RacingNews365.com
Domenciali puts reverse grids back on the table for F1...
Formula 1 CEO Stefano Domenicali is gearing up... Read More »
1h ago from F1i.com
Lewis Hamilton suffers major blow as key announcement made
Lewis Hamilton has suffered a blow in the... Read More »
4h ago from RacingNews365.com
