News Details

Todt: Two-tier budget cap is being discussed

FIA president Jean Todt has revealed that a different budget cap for supplier and customer F1 teams is being considered. The $175m-per-season budget cap which is set to come into force from 2021 has been a subject for much debate with teams widely accepting the argument that its limit should be further reduced. Under the cap there will be exceptions for costs such as driver salaries, pay for the top three executives and engine costs. While a deal had been reached in principal to lower that value to $150m, the meeting to finalise such changes was delayed after the BBC reported that the three leading teams (Mercedes, Ferrari and Red Bull), had sent extra analysis and new ideas to the FIA for...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Ferrari's Binotto in favour of two-tier budget cap...

Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
5y ago from F1i.com

Binotto suggests different budget limits for different...

Formula 1 has set a budget limit of 175 million for 2021. An amount that...
5y ago from GPBlog.com

Binotto: Maybe the answer is not a single budget cap

Formula 1 has to consider the 'different situations' some teams find...
5y ago from GrandPrix247.com

Todt: Cost cap must be reduced, but we must not start...

Formula 1 is debating the merits of two proposals to further reduce the...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

McLaren to auction future F1, IndyCar and WEC cars in...

McLaren is to auction future F1, IndyCar and World Endurance Championship...
21h ago from MotorsportWeek.c...

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...

Chip Ganassi: ‘We’re spoiled’ having drivers...

Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Sources: Next 48 hours 'will decide' £55m Tottenham...

Tottenham are pushing hard to land Eberechi Eze as the deal enters its...
1h ago from CaughtOffside.com

'It's always unfair when I talk about a striker' -...

Arsenal legend Thierry Henry has delivered his thoughts on new striker...
1h ago from SportsKeeda.com

Questions, new rules, and lots of stuff

Morning. This is gonna be quite a short Friday morning blog, but don't...
1h ago from Arseblog.com

Premier League: 10 things to look out for on the...

ther new era at Tottenham, De Cuyper can shine for Brighton and Aston...
8h ago from TheGuardian.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.