News Details
Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all its manufacturers had it not reduced its budget cap for 2021. Teams were initially set to deal with a spending limit fixed at $175 million, but the onslaught of the coronavirus pandemic and its economic impact on F1 forced an additional cut-back to $145 million. Brawn reckons that change was crucial in convincing all manufacturers to remain in the sport. "This crisis gave us the opportunity that we knew the budget cap always would," Brawn said, speaking at this week's FIA eConference. "Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis...
Full Story »
Full Story »
You May Also Be Interested In...
Reduced Budget Cap Could Tempt New Manufacturers to...
The reduced budget cap being introduced into the Formula 1 regulations...
5y ago from TheCheckeredFlag....
''Without the lower budget cap, we would have had...
Ross Brawn, Chase Carey and the Liberty Media team have done their utmost...
5y ago from GPBlog.com
Racing Point: 'Budgetcap will only have a real impact...
From 2021 there will be a budget cap in Formula 1. From that moment on,...
5y ago from GPBlog.com
F1 couldn't have retained manufacturers without budget...
As the world ponders the inevitable financial meltdown that is almost...
5y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
VR46 looking for mix of experience and youth in 2027...
No description available...
16h ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
1d ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood’s surprise lunge on Alex Palou...
Kyle Kirkwood took victory in the inaugural Grand Prix of Arlington on...
21h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
1d ago from Motorsport.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
1d ago from MotorsportWeek.c...
Kirkwood "currently the biggest threat" to...
No description available...
1d 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:...
17h ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
18h ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
1d ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
“Just not normal in football” - Kyle Walker on...
Burnley defender Kyle Walker has admitted it is horrific to play against...
41m ago from SportsKeeda.com
Frontrunners Arsenal face intense battle to sign...
According to Calciomercato, AC Milan and Inter Milan are actively...
1h ago from CaughtOffside.com
Using the Everton momentum for Bayer Leverkusen second...
Morning. We're in Champions League action this evening, with the second...
2h ago from Arseblog.com
Not for sale: Arsenal intentions clear over the future...
Arsenal are reportedly standing firm over the future of Riccardo...
2h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff reveals real reason why Aston Martin dumped...
Toto Wolff has revealed why Aston Martin ended... Read More »
41m ago from MotorsportWeek.com
Bookmakers Expect Charles Leclerc to Once Again Dominate...
Bookmakers may have made their call early, but... Read More »
1h ago from Formula1News.co.uk
Aston Martin heading for Honda F1 showdown and 'it's not...
Aston Martin F1 and Honda will reportedly meet... Read More »
1h ago from GPFans.com
