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$175-million F1 budget cap agreed as stakeholders meet
Detailed information about the highly anticipated and delayed technical regulations for 2021 has finally emerged among which it appears the teams have already agreed a $175-million annual budget cap with Liberty Media and the FIA. 'We're all meeting this week in Geneva,' said McLaren boss Andreas Seidl. On the agenda are the technical and sporting rules, although it is believed these too have now been basically agreed. Auto Motor und Sport has revealed the details of those plans, whose main goal is to make it easier for the cars to race wheel-to-wheel, and for smaller teams to have a chance to be competitive. 'The problem today is that the engineers have too many freedoms in the areas that...
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6y ago from GrandPrix247.com
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