News Details

F1 may reduce budget cap number in future - Todt

Jul.28 Formula 1 will look to reduce the budget cap figure that will be introduced in 2021. FIA president Jean Todt admitted at Hockenheim that only Mercedes, Ferrari and Red Bull will be affected by the $175 million figure that excludes costs including driver salaries. "I would have preferred a lower number," the Frenchman said. "Only three teams will be affected or will have to restrict themselves. "It would be better to have a limit that gives all the teams the same chance, but that was not possible," Todt added. "At least now we have a foot in the door. This budget cap is better than none, so maybe in a second step we can reduce the amount."
Full Story »
Share

You May Also Be Interested In...

De la Rosa: Budget cap of $175-million is still a huge...

Formula 1 veteran Pedro de la Rosa has admitted he is not excited about...
6y ago from GrandPrix247.com

Todt: We want more chances for a driver to make a...

While the future of Formula 1 is being mapped, FIA president and former...
6y ago from GrandPrix247.com

Robert Kubica to run Williams updates in Friday...

Robert Kubica will run with Williams’ latest updates on Friday at...
6y ago from MotorsportWeek.com

De la Rosa not excited about 2021 rules

Pedro de la Rosa has admitted he is not excited about F1's new rules for...
6y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Gresini Racing exploring potential Honda MotoGP...

Gresini Racing are exploring a potential reunion with Honda as a...
12h ago from MotorsportWeek.c...

How Marco Bezzecchi dominated the Brazilian MotoGP to...

New MotoGP championship leader Marco Bezzecchi overcame a "really...
15h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

Watch: Ben White’s reaction goes viral after...

Manchester City’s Rayan Cherki found himself at the center of a heated...
4h ago from CaughtOffside.com

Gabriel Magalhaes injury latest concern as four...

Arsenal’s hopes of a historic treble have been dealt a significant blow...
6h ago from CaughtOffside.com

“It felt like a charity sub” - Wayne Rooney shares...

Wayne Rooney revealed that he felt sad for Manchester City star Phil Foden...
8h ago from SportsKeeda.com

100m-rated Premier League newcomer set to spark...

Rayan has done quite well since moving to the Premier League, and he has...
9h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.