News Details
Liberty: ‘Huge progress' made in 2021 talks
Liberty Media CEO Greg Maffei has said that Formula 1 and its teams are now only “tens of millions apart” on a cost cap from 2021. As part of Liberty's vision for the sport after 2021, a cost cap had been proposed, but convincing the top three – Mercedes, Ferrari and Red Bull had been proving difficult. However, news that the negotiations have progressed to the point where an agreement is just 'tens of millions' away will come as a boost to teams such as Renault, McLaren and Williams who have regularly shown their support for a budget cap. “I think that huge progress has been made,” Maffei told the audience at a media and communications conference in New York. “Sure there...
Full Story »
Full Story »
6y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes doing ‘too well', says Liberty Media
Liberty Media CEO Greg Maffei believes Mercedes are 'doing too well' and...
6y ago from PlanetF1.com
Mercedes doing ‘too well' says Liberty Media
Liberty Media CEO Greg Maffei believes Mercedes are 'doing too well' and...
6y ago from PlanetF1.com
Mercedes' dominance frustrating Liberty Media
Liberty Media chief executive Greg Maffei says Mercedes' record-breaking...
6y ago from GPFans.com
Mercedes is doing too well says Liberty boss Maffei
The billboard just down the road from Pitpass HQ proclaims that F1 is...
6y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Aleix Espargaro hospitalised after crash in Sepang...
No description available...
22h ago from Motorsport.com
Jack Miller on Yamaha’s MotoGP struggles:...
No description available...
15h ago from Motorsport.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
10h ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
16h ago from Motorsport.com
Toby Sowery joins AJ Foyt Racing in IndyCar reserve...
AJ Foyt Racing has appointed Toby Sowery as the team’s reserve driver...
15h ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai brings updates to WRC Rally Croatia, but will...
No description available...
15h ago from Motorsport.com
Motorsport Week is hiring – Rally and Sportscar...
Motorsport Media Services are looking to expand its coverage, and in...
1d ago from MotorsportWeek.c...
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
1d ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal interest in Julian Alvarez is genuine but they...
As the summer transfer window approaches, Arsenal's relentless ambition to...
35m ago from CaughtOffside.com
The benefit of community
Hello everyone. I'm back in Dublin after a very nice trip to Lisbon....
45m ago from Arseblog.com
Report: Arsenal looking to recoup £100m from the...
Despite securing both Ethan Nwaneri and Myles Lewis-Skelly to long-term...
2h ago from CaughtOffside.com
Liverpool eye long-term attacking solution with move...
Christian Kofane could be on the move during the summer transfer window,...
11h ago from CaughtOffside.com
Comments
Hottest News
McLaren take aim at Red Bull in Gianpiero Lambiase welcome...
McLaren F1 team seemed to take a swipe at rivals... Read More »
35m ago from GPFans.com
Confused Lewis Hamilton singles out major Ferrari issue: 'I...
Lewis Hamilton will need to get to the bottom of... Read More »
2h ago from RacingNews365.com
David Coulthard voices 'surprise' at FIA over Max...
Max Verstappen kicked a journalist out of a press... Read More »
35m ago from RacingNews365.com
