News Details

Carey: We need rule changes to attract new teams

Formula 1 CEO Chase Carey has insisted that the proposed changes to the sport's power unit regulations for 2021 are designed to attract new teams. Many existing teams have expressed their displeasure with the rules proposed by F1's new owners Liberty Media. Ferrari have threatened to veto the changes - or even quit the sport entirely. But Carey said they were vital to bringing in new blood, along with plans to introduce spending caps. “I think the most important thing we can do is make the business model for owning a team much better,” he said. He explained that the matter of spiralling costs came up all the time in his talks with prospective teams. "They’ll end up saying today...
Full Story »
8y ago from F1i.com 0
Share

You May Also Be Interested In...

Carey: 2021 proposal needs to attract new teams

Formula 1 CEO Chase Carey has responded to the criticism received...
8y ago from PlanetF1.com

Carey turns to Fox colleague for TV boost

Chase Carey has looked to a former colleague at Fox as he seeks to...
8y ago from Pitpass.com

F1's 3-engine rule ‘sucks'

F1 News Formula1blog.com Podcast #550- Brazilian GP Review Villeneuve:...
8y ago from Formula1Blog.com

Hamilton says three engines per season rule...

World champion Lewis Hamilton believes Formula 1's move to a three engines...
8y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Lorenzo slams Yamaha riders including Fabio...

Five-time MotoGP champion Jorge Lorenzo slams Yamaha riders, particularly...
21h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Mick Schumacher’s IndyCar debut returns him to the...

Mick Schumacher began his IndyCar career this past weekend, competing in...
10h ago from MotorsportWeek.c...

Gallery: IndyCar kicks off 2026 season at St. Pete

Motorsport Week has exclusive images from the IndyCar curtain-raiser in...

Watch: Mick Schumacher taken out on opening lap of...

Fans of Mick Schumacher could switch off early after his IndyCar debut at...

Popular On TotalWRC.com

Popular On GunnersToday.com

Leaning into Rice and Zubimendi for Brighton trip

Morning. It's another tough one this evening as we visit Brighton, and the...
1h ago from Arseblog.com

Euro outfit brace for bids as Liverpool and Arsenal...

Liverpool and Arsenal are interested in signing the VfB Stuttgart defender...
13h ago from CaughtOffside.com

Report: Arsenal and Man United join the race to sign...

Hertha Berlin midfielder Kennet Eichhorn has been linked with a move away...
13h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.