News Details
$175m cost cap intended for 2021
For as long as anyone can remember, there have been calls to limit team spending, in a bid to make the sport more attractive to newcomers, ensure the financial stability of existing teams and to level the playing field. Max Mosley tried and failed, but now, under the sport's new ownership F1's powers that be appear to finally have a plan. The original intention to introduce a cap of around $200m which would then decrease on a year-by-year basis has been scrapped, and instead it is now intended that from 2021 a $175m limit will be introduced which will remain in place for 5 years. However, driver salaries, engines and marketing costs are not included in the figure. Renault boss, Cyril...
Full Story »
Full Story »
6y ago from Pitpass.com
0
You May Also Be Interested In...
FIA present F1 teams with final budget-cap numbers of...
The FIA have presented Formula 1 teams with their final budget-cap of...
6y ago from GPBlog.com
Formula 1 set for $175m cost cap from 2021
A cost cap has long been discussed in Formula 1, and on every occasion it...
6y ago from MotorsportWeek.com
Tech: How the FIA's tender process for 2021 standard...
Talks surrounding Formula 1’s planned overhaul of its technical...
6y ago from Crash.net
Abiteboul emphasizes that there's no need for drama...
Renault team principal Cyril Abiteboul says there is no reason to panic...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Shoulder injury pushes Marc Marquez into his...
No description available...
4h ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
1d ago from Motorsport.com
Guenther Steiner: MotoGP riders ‘need to be of a...
Tech3 KTM CEO Guenther Steiner has continued to share his admiration for...
2d ago from MotorsportWeek.c...
KTM backs “unlucky” Maverick Vinales to return and...
No description available...
2d 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...
2d ago from MotorsportWeek.c...
AJ Foyt Racing adds Toby Sowery as reserve driver
No description available...
3d 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...
2d ago from MotorsportWeek.c...
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
3d 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...
2h ago from MotorsportWeek.c...
WRC Croatia: Takamoto Katsuta wins after final stage...
No description available...
2h ago from Motorsport.com
Thierry on top in Croatia
Thierry Neuville and Martijn Wydaeghe are on track to claim Hyundai’s...
22h ago from MotorsportWeek.c...
WRC Croatia: Hyundai closes in on first win to end...
No description available...
19h ago from Motorsport.com
Popular On GunnersToday.com
'I've already felt what it's like to win there' -...
Arsenal forward Gabriel Jesus has left the door open to leaving the club.
1h ago from SportsKeeda.com
Arsenal could terminate Mikel Arteta’s contract and...
Arsenal manager Mikel Arteta and his players have come under intense...
1h ago from SportsKeeda.com
Arsenal latest: Gunners must land blow on City to...
No description available...
1h ago from SkySports.com
Brazil International rejects Manchester United and...
Brazil international and Atalanta midfielder Ederson has reportedly...
4h ago from SportsKeeda.com
Comments
Hottest News
Ex-F1 star names the one driver who was harder to race than...
Former F1 star Jacques Villeneuve has revealed... Read More »
4h ago from MotorsportWeek.com
Oscar Piastri handed brutal ‘nothing special' verdict...
Former Formula 1 driver Nelson Piquet Jr has... Read More »
56m ago from MotorsportWeek.com
Max Verstappen backed for sensational F1 swap deal
Max Verstappen could potentially be in the midst... Read More »
3h ago from MotorsportWeek.com
