News Details
Formula 1 teams to meet over budget cap reduction
Formula 1 teams and bosses are to meet next week to discuss a proposal to reduce the sport's budget cap to $130m (£104.6m) by 2022. A meeting on Thursday broke up without agreement but all sides described it as positive and constructive. The main discussion was over a plan to set a cap of $145m (£116.6m) next year and lower it to $130m in 2022. A sliding scale for aerodynamic research was also discussed, with less successful teams allowed more. F1 faces 'difficult' decision to restart racing F1 teams receive 20,000 NHS orders for equipment That was an idea put forward by the top teams, who presented it as an elegant way to level the field, in a similar fashion to the draft in...
Full Story »
Full Story »
You May Also Be Interested In...
Todt pleads for drastic reduction of budget limit:...
As a result of the COVID-19 corona crisis, a number of Formula 1 teams...
5y ago from GPBlog.com
Binotto: Maybe the answer is not a single budget cap
Formula 1 has to consider the 'different situations' some teams find...
5y ago from GrandPrix247.com
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
Brown: Teams against cap reduction are playing with...
Formula 1's biggest spenders need to consider what is good for the health...
5y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
9h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
17h ago from Motorsport.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
1d ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
1d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
15h ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
2d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Premier League officials appear to confirm Arsenal...
Premier League officials have admitted that Arsenal benefited from two key...
5h ago from SportsKeeda.com
Arsenal plot £69m move for 10-goal ace to replace...
Arsenal are interested in signing the AC Milan attacker Raphael Leao at...
6h ago from CaughtOffside.com
Mikel Arteta targets 50m+ La Liga star to supercharge...
Mikel Arteta's Arsenal are keen on acquiring the services of Real Madrid...
7h ago from CaughtOffside.com
Arsenal, Chelsea, and Newcastle eye 70m move for...
Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
8h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin replacing Adrian Newey as team principal the...
Aston Martin's 2026 F1 season is descending into... Read More »
10h ago from GPFans.com
George Russell linked with $300m move away from Mercedes to...
An astonishing transfer claim has been made about... Read More »
19h ago from GPFans.com
F1 News Today: Max Verstappen told to leave F1 as series...
Max Verstappen's criticism of the new F1 cars has... Read More »
5h ago from GPFans.com






























