News Details

Formula 1's top three agree on budget cap

Red Bull motorsport advisor Dr Helmut Marko says the team, Mercedes and Ferrari are all in agreement over the proposed introduction of a budget cap. However, he also confirmed that reports of an agreement being reached with the sport's owners Liberty Media are inaccurate. It had been suggested that a recent F1 strategy group meeting had concluded with teams agreeing on a sliding scale of budget caps – a less expensive grid being one of Liberty's major aims for Formula One. While Ferrari and Mercedes have previously been very vocal against a budget cap, Marko suggested they are now starting to be won over. Speaking to Auto Bild, Marko said: 'We are still a long way from an agreement....
Full Story »
7y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Helmut Marko on budget cap

Helmut Marko believes that plans for a budget cap in Formula 1 have not...
7y ago from GPBlog.com

Budget cap not close to agreement - Marko

Dr Helmut Marko has slammed the brakes on reports that F1 is now close to...
7y ago from OneStopStrategy.com

Red Bull agree with Ferrari and Mercedes over 2021...

Red Bull motorsport advisor Dr Helmut Marko says recent reports suggesting...
7y ago from GPFans.com

Marko: Formula 1 is a long way from Budget Cap...

The elephant in the room every time Formula 1 stakeholders meet is the...
7y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Roger Penske adds voice to discussion on US sports...

Roger Penske, owner of the NTT IndyCar Series and the Indianapolis Motor...
10h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Thierry Neuville crashes out of Croatia lead in final...

A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...

Popular On GunnersToday.com

Sources: Arsenal willing to sell Jesus and Havertz to...

Arsenal are intensifying their efforts to secure the signing of Julián...
44m ago from CaughtOffside.com

Arsenal ready to sign 22-year-old La Liga ace as club...

Arsenal are looking to sign Gonzalo Garcia from Real Madrid at the end of...
12h ago from CaughtOffside.com

'They already lost the league' - Former Chelsea star...

Former Chelsea midfielder Eidur Gudjohnsen believes Arsenal have already...
15h ago from SportsKeeda.com

'I'm dreaming so much' - Mikel Arteta makes claim...

Arsenal boss Mikel Arteta has opened up about his feelings ahead of their...
16h ago from SportsKeeda.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.