News Details
Constructive' discussion but still no decision on budget cap
Just before Easter, the F1 summit came together to discuss lowering the budget ceiling. The F1 teams, Chase Carey and Jean Todt came to a tentative agreement that the intended budget ceiling could be lowered from 175 million to around 150 million. The talks were resumed on Thursday. Because of the COVID-19 pandemic, changes are not only made to the calendar. For 2021, a budget ceiling of 175 million per team was agreed for all teams. For the F1 and the FIA this amount was still a bit too high at the time. The organization aimed for a ceiling of 130 million. Many teams, especially the large teams like Red Bull Racing, Scuderia Ferrari and Mercedes, did not agree with the 130 million...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Insight: The best Formula 1 Easter grands prix
There’s no Formula 1 race on Easter Day 2020 – nor was there
meant to...
5y ago from MotorsportWeek.com
Formula Easter, from Russia with love
Have you ever heard of Formula Easter? Probably not – most people...
5y ago from GrandPrix247.com
Todt: Parity between small and big teams in F1 a pipe...
FIA president Jean Todt is in favour of lowering F1's budget cap ceiling,...
5y ago from F1i.com
Todt: Two-tier budget cap is being discussed
FIA president Jean Todt has revealed that a different budget cap for...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller and Miguel Oliveira to keep sweating over...
No description available...
1h ago from Motorsport.com
Patience, a major goal for Alex Marquez in 2025 MotoGP...
No description available...
6m ago from Motorsport.com
MotoGP announces free 24/7 streaming service across...
MotoGP has announced a partnership with C15 studios to produce a free...
1d ago from MotorsportWeek.c...
Why LCR Honda won’t field injury replacement for...
No description available...
1d ago from Motorsport.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...
6h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
3d ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
3d ago from MotorsportWeek.c...
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How drones will change the way you watch motorsport
No description available...
1d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
2d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Wayne Rooney predicts where Manchester United,...
Former Manchester United superstar Wayne Rooney has backed Liverpool to...
36m ago from SportsKeeda.com
Eberechi Eze player profile: The star at the centre of...
Crystal Palace star Eberechi Eze has become one of the best players in the...
1h ago from CaughtOffside.com
Two clubs in contact to sign Arsenal attacker as...
Arsenal are reportedly facing interest in prolific young talent Dan Casey,...
3h ago from CaughtOffside.com
Fabrizio Romano reveals 'formal talks' planned for...
Tottenham are reportedly planning to open formal talks over a transfer...
5h ago from CaughtOffside.com
Comments
Hottest News
Red Bull admits Max Verstappen’s towel gate excuse in...
Red Bull has reflected on the ‘towel gate’... Read More »
2h ago from MotorsportWeek.com
Montoya: Cool vegan guy Hamilton shouldn’t be a race car...
Juan Pablo Montoya has weighed in on the Lewis... Read More »
56m ago from GrandPrix247.com
Breaking: Christian Horner officially terminated by Red Bull
Red Bull Racing (and Red Bull Powertrains) has... Read More »
2h ago from RacingNews365.com
