News Details
Abiteboul slams $175m budget cap figure
Jun.8 The F1 teams are divided over Liberty Media's handling of the 2021 rules reform. Firstly, it emerges that the F1 owner has settled on a US $175 million annual budget cap per team for the period between 2021 and 2025. Excluded are driver, engine, travel and marketing costs. "This is not a new start," an angry Cyril Abiteboul, the team boss at Renault, told Auto Motor und Sport. "The plan was that all teams should be profitable." Also telling is that the budget cap amount is supported by Toto Wolff, boss of F1's biggest spender, Mercedes. "We have accepted it for 2021. I agree with this step," he said at a media event in Montreal. Also being roundly...
Full Story »
Full Story »
6y ago from OneStopStrategy.com
0
You May Also Be Interested In...
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
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 to impose $175m budget cap from 2021
Formula 1 set to introduce $175m budget cap Formula 1 is set to introduce...
6y ago from SpeedCafe.com
Formula 1 to impose $175m cost cap on teams in 2021
Formula 1 will impose on teams a cost cap of $175m a year from 2021 to...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta fears intense MotoGP format means shorter...
No description available...
4h ago from Motorsport.com
Shoulder injury pushes Marc Marquez into his...
No description available...
1d ago from Motorsport.com
Exclusive: Ai Ogura in, Alex Rins out at Yamaha for...
No description available...
2d 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...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar representatives visit the Goiânia Raceway and...
No description available...
22h ago from Motorsport.com
Andretti confirmed to field just three cars for Indy...
Andretti Global has confirmed that the team will only run three cars in...
3d 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...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Croatia: Driver crashes… then sits down for...
No description available...
14h ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
1d ago from MotorsportWeek.c...
Devastated Thierry Neuville vows to "come back...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
Tactics, tension and talk: How does Arteta stop...
The Premier League title race has brought up many iconic images down the...
1h ago from SkySports.com
Wayne Rooney makes Premier League title prediction...
Former England captain Wayne Rooney believes that Manchester City possess...
4h ago from CaughtOffside.com
Michael Owen explains advantage Arsenal have over Man...
Pep Guardiola’s ruthless side dispatched Chelsea 3-0, slicing Arsenal's...
4h ago from CaughtOffside.com
Arsenal fan announces he’s taking legal action...
An Arsenal fan from Uganda has announced that he is taking legal action...
3h ago from SportsKeeda.com
Comments
Hottest News
Toto Wolff reveals the moment he 'fired' Lewis Hamilton...
Mercedes F1 boss Toto Wolff has revealed a heated... Read More »
2h ago from GPFans.com
Sports Minister confident F1 track 'will return in 2027'......
One country's Sports Minister has boldly claimed... Read More »
3h ago from GPFans.com
Toto Wolff reveals shocking Mercedes plan to fire Lewis...
Mercedes boss Toto Wolff has revealed that, in... Read More »
1h ago from MotorsportWeek.com
