News Details
Carey optimistic over budget cap introduction
Formula 1 CEO Chase Carey is optimistic that there is broad agreement within the sport in favour of the phasing in of a budget cap for teams. The topic was one of a number of items on the agenda of the Strategy Group meeting held earlier this week. "I think we have broad-based support for the direction of all the initiatives we're talking about," Carey said in Brazil. "It will create a business model that would first and foremost be beneficial to the existing teams in it," he continued. "I think as a healthier business model it would also entice new teams." Carey said that it was important for the sport to bring in cost controls. He said it would ensure that...
Full Story »
Full Story »
You May Also Be Interested In...
F1 teams in "broad agreement" on spending cap
Formula 1 CEO Chase Carey says there is "broad agreement" from...
8y ago from Motorsport.com
F1 CEO Carey Hits Back at Ferrari: “We don't plan to...
Following criticism from Scuderia Ferrari president Sergio Marchionne...
8y ago from TheCheckeredFlag....
Carey: F1 not looking to follow NASCAR's example
Formula 1 CEO Chase Carey has responded to Ferrari chairman Sergio...
8y ago from Crash.net
Formula 1 boss Chase Carey responds to Ferrari's...
Formula 1 CEO Chase Carey has responded to claims by Ferrari chairman...
8y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Has Ducati stagnated or have its MotoGP rivals caught...
No description available...
15h ago from Motorsport.com
KTM riders say top speed advantage has disappeared in...
No description available...
1d ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
1d ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Complete IndyCar championship standings after Long...
No description available...
4h ago from Motorsport.com
Felix Rosenqvist feeling mixed emotions after Long...
No description available...
5h ago from Motorsport.com
AJ Foyt crew member escapes injury after foot clipped...
An AJ Foyt Racing pit crew member has been given the all clear after...
5h ago from MotorsportWeek.c...
Official race results: IndyCar 2026 Grand Prix of Long...
No description available...
7h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
2d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
2d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
‘I don’t know if it’s a gamble' –...
When Arsenal traveled to the Etihad this past weekend for a...
1h ago from CaughtOffside.com
“Arsenal fans need to do better” - Wayne Rooney...
Manchester United record goalscorer Wayne Rooney has said that Arsenal...
1h ago from SportsKeeda.com
Man City 2-1 Arsenal: Defeat means title race will go...
Match report – Player ratings – Arteta reaction – Quotes...
1h ago from Arseblog.com
“I like what he’s done” - Roy Keane says Erling...
Pundit Roy Keane has praised Manchester City star Erling Haaland for not...
1h ago from SportsKeeda.com
Comments
Hottest News
FIA release statement after spectator dies at Argentina...
Some very sad news from South America. Read More »
58m ago from RacingNews365.com
F1 News Today: Max Verstappen stunned by Mercedes issue,...
Max Verstappen endured a mixed Sunday while... Read More »
2h ago from GPFans.com
Max Verstappen's F1 arch rival teases Nurburgring challenge
Max Verstappen's F1 rival George Russell has... Read More »
1h ago from GPFans.com
