News Details
Formula 1 to impose $175m budget cap from 2021
Formula 1 set to introduce $175m budget cap Formula 1 is set to introduce a $175million budget cap on teams for the 2021 season. The budget cap will cover most of the team's expenditure, though with a number of exclusions for costs such as travel, driver remuneration, marketing and hospitality, and part of the power unit costs. Draft copies of the 2021 regulations are understood to have been circulated to teams this week, with a meeting on Thursday in the paddock at Montreal. It's believed another meeting will take place on Sunday morning. The budget cap however is just the tip of the iceberg when it comes to financial changes within the sport going forward. Also being overhauled is the...
Full Story »
Full Story »
6y ago from SpeedCafe.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
$175m cost cap intended for 2021
For as long as anyone can remember, there have been calls to limit team...
6y ago from Pitpass.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
Still major disagreements to iron out over 2021 rules...
Formula 1 CEO Chase Carey has admitted that there are still huge details...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia: I have potential to make Marc...
No description available...
1h ago from Motorsport.com
Fabio Di Giannantonio: Ducati no longer have an edge...
Fabio Di Giannantonio believes Ducati no longer have an edge over rival...
8h ago from MotorsportWeek.c...
Marc Marquez and Ducati set for two-year MotoGP...
No description available...
1d ago from Motorsport.com
Marc Marquez, Francesco Bagnaia unveil retro-inspired...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
5d ago from MotorsportWeek.c...
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
4d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
5d ago from Motorsport.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier still has motivation “to go for...
No description available...
3h ago from Motorsport.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
2d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta in awe of La Liga gem, Arsenal would need...
Arsenal continue to be linked with a move for the Real Madrid attacker...
1h ago from CaughtOffside.com
Arsenal’s Ethan Nwaneri poised for Marseille loan in...
t;li>Crystal Palace and West Ham also keen on midfielderOleksandr...
5h ago from TheGuardian.com
“The only one that concerns me” - Danny Murphy...
Pundit Danny Murphy has pointed to Arsenal as clear favourites for the...
5h ago from SportsKeeda.com
Arsenal hold positive talks with Ligue 1 club for the...
Marseille are reportedly on the verge of securing a loan deal for highly...
8h ago from CaughtOffside.com
Comments
Hottest News
Audi F1 2026 car launch today: Watch the big reveal LIVE
One of the two new names on the F1 grid will... Read More »
1h ago from GPFans.com
Will this be Mercedes' brand new livery?
The first launches of some of the new Formula 1... Read More »
2h ago from RacingNews365.com
Aston Martin withdraw F1 safety car ahead of 2026 season
Aston Martin have opted not to renew their... Read More »
52m ago from GPFans.com
