News Details
Teams set to agree to reduced F1 budget cap
F1 will operate to a $145 million budget cap Formula 1 teams are set to agree to a reduced budget cap figure ahead of its introduction into the sport from next season. It will be the first time in the sport's history that it has had Financial Regulations, part of what was initially planned as a multi-faceted effort to improve the level of competition between teams. Technical changes that were set to be introduced have been put on the back burner, and will now be introduced for 2022 with teams continuing to race their 2020 cars again next season. Initially, a cost cap of $175 million, excluding a number of exceptions including driver wages and power train development, was set to be...
Full Story »
Full Story »
5y ago from SpeedCafe.com
0
You May Also Be Interested In...
Brawn: Budget cap of $145m agreed for 2021
A greatly reduced budget cap for the 2021 season has been agreed upon...
5y ago from MotorsportWeek.com
BREAKING: F1 teams agree on a budget cap of $145...
There is finally an agreement between the Formula 1 teams on lowering the...
5y ago from GPBlog.com
Brawn: Reduced budget cap deal ‘in final stages'
Formula 1's managing director, Ross Brawn, has said an agreement over a...
5y ago from PlanetF1.com
F1 teams agree to slash budget cap to $145 million...
Formula One will go ahead and introduce the much-discussed budget cap in...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Everything we know about Goiania Circuit –...
No description available...
11h ago from Motorsport.com
Heavy rain and flooding hits Autodromo Ayrton Senna...
No description available...
19h 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...
16h 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...
6h 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...
8h 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...
9h ago from CaughtOffside.com
Arsenal, Chelsea, and Newcastle eye 70m move for...
Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
9h ago from CaughtOffside.com
Comments
Hottest News
George Russell linked with $300m move away from Mercedes to...
An astonishing transfer claim has been made about... Read More »
20h ago from GPFans.com
Aston Martin replacing Adrian Newey as team principal the...
Aston Martin's 2026 F1 season is descending into... Read More »
11h 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 »
6h ago from GPFans.com
