News Details
Cancelled Japanese GP brings cost-cap boost
Formula 1 teams will benefit to the tune of $1.2m under the budget-cap rules due to the cancellation of the Japanese Grand Prix. All teams were having to work under a cost cap based on a figure of $145m for this year, although this was meant to reflect a 21-race season. That number of grands prix was, however, originally raised to a record 23, which meant the constructors were allowed an extra $1.2m for each of the two additional races. But the schedule is now set to comprise a maximum of 22 grands prix as the trip to Suzuka has been called off for the second consecutive year due to the ongoing pandemic. Nevertheless, rather than being reduced back down to $146.2m, a clause in the rules...
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4y ago from PlanetF1.com
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