News Details
F1 budget cap should be just $75m - Agag
Apr.15 Formula 1's new budget cap should be as low as $75 million in the wake of the coronavirus crisis. That is the view of Formula E boss Alejandro Agag. "In general, this could be an opportunity for motorsport," he told motorsport-total.com. "Especially for Formula 1, it could be a huge opportunity to restructure the entire model," Agag added. "I'm hearing about budget caps of $125 million and that sort of thing. Then why not have a cost cap of $75 million and make everyone really profitable?" Agag even thinks the timing of the crisis could be a blessing for F1. "Perhaps it is a good thing that the Concorde Agreement has not yet been signed, because...
Full Story »
Full Story »
5y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
5y ago from F1i.com
Formula 1 budget cap meeting postponed
A meeting of Formula 1 bosses to discuss a lowering of the sport's budget...
5y ago from BBC.co.uk
Formula 1 postpone budget cap meeting
Formula 1 have delayed a meeting which was designed to discuss the...
5y ago from PlanetF1.com
Ferrari customers raise 1 million for coronavirus
Ferrari has shown its good side by raising 1 million euros for help...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
16h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
20h ago from Motorsport.com
VR46 looking for mix of experience and youth in 2027...
No description available...
1d ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
12h ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
12h ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
18h ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
1d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
3d ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
From Italy: Arsenal & Man United handed...
Arsenal and Manchester United may have been given some very promising...
1h ago from CaughtOffside.com
Arsenal 2-0 Bayer Leverkusen: Eze's thunderbolt helps...
Match report – Player ratings – Arteta reaction – Video...
1h ago from Arseblog.com
Eze keeps Arsenal’s shot at history alive with magic...
eta’s side are 16 games from the quadruple, helped by the forward’s...
1h ago from TheGuardian.com
Eze and Rice pick off Bayer Leverkusen as Arsenal...
there anyone who can stop Arsenal in this kind of form? The Bayer...
1h ago from TheGuardian.com
Comments
Hottest News
Ferrari F1 remove controversial wing after FIA talks
Ferrari backtracked on a clever design quirk at... Read More »
1h ago from GPFans.com
Lewis Hamilton and George Russell join forces over...
There has never been a Chinese manufacturer on... Read More »
1h ago from RacingNews365.com
NASCAR driver suspended over homophobia towards IndyCar star
Daniel Dye has been suspended by NASCAR and his... Read More »
54m ago from RacingNews365.com
