News Details
Budget cap to be introduced in 2015
– Formula 1 will introduce a budget cap from the start of 2015, with basic terms being agreed at a meeting of the sport's Strategy Group and Commission in Paris on Monday. A working group will now be put together to determine the finer details of the cuts, including representatives from governing body the FIA and commercial rights holder FOM, and Formula 1 team members. A deadline for the full-blown regulations to be outlined has been set as June of next year. The concept, which has long been under discussion, was put under the spotlight once more this season, with a number of teams admitting to financial struggles. A budget cap was previously attempted under Max Mosley's tenure as...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Budget cap to be introduced for 2015
The FIA has announced that a budget cap will be implemented from the...
11y ago from F1Zone.net
FIA introduce big changes including bespoke driver...
FIA introduce big changes including bespoke driver numbers and double...
11y ago from GrandPrix247.com
FIA announces regulation changes
The principle of a global cost cap has been adopted. The limit will be...
11y ago from Pitpass.com
FIA approves regulation changes, including cost cap
Following a meeting of the F1 Strategy Group and the Formula One...
11y ago from F1Technical.net
Elsewhere On The Network
Popular On MGPToday.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
3h ago from Motorsport.com
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
1d ago from Motorsport.com
Why 2026 is the right time for Ducati to field six...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Christian Lundgaard leaps to the top in opening...
IndyCar headed out on track at Portland International Raceway Friday...
15h ago from MotorsportWeek.c...
Kyffin Simpson given IndyCar grid penalty for lap 1...
The NTT IndyCar Series has levied a grid penalty on Kyffin Simpson for...
15h ago from MotorsportWeek.c...
Nolan Siegel predicts new Arrow McLaren shop will...
Arrow McLaren recently announced details for its new IndyCar race shop,...
2d ago from MotorsportWeek.c...
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
6d ago from MotorsportWeek.c...
Future second Asian/Pacific event behind WRC calendar...
No description available...
4d ago from Motorsport.com
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'I don't know how much money they've got left' - Ray...
Former Arsenal midfielder Ray Parlour believes that the Gunners need to...
3h ago from SportsKeeda.com
“I’m sure Max will be similar” - Ray Parlour...
Arsenal icon Ray Parlour has linked Max Dowman's situation to Manchester...
4h ago from SportsKeeda.com
'There might be one more': Former Arsenal star will...
Former Arsenal star Ray Parlour has claimed that the Gunners could look to...
6h ago from CaughtOffside.com
“Both really bad losers” - When Arsenal star...
Arsenal star Viktor Gyokeres' former coach, Peter Kisfaludi, has opened up...
4h ago from SportsKeeda.com
Comments
Hottest News
Piastri reveals personal development path to title-leading...
Formula 1 World Championship leader Oscar Piastri... Read More »
57m ago from F1i.com
Guenther Steiner left mystified by bizarre Charles Leclerc...
Charles Leclerc and Ferrari left the F1 paddock... Read More »
46m ago from RacingNews365.com
Who is Magui Corceiro? Meet Lando Norris's on and off...
Since making waves online at the 2025 Monaco... Read More »
37m ago from GPFans.com
