News Details

No 'two speed' budget cap in 2021 - Abiteboul

Apr.17 F1 should not implement a 'two speed' budget cap next year, according to Renault boss Cyril Abiteboul. While some small teams are saying only a drastically reduced cap will ensure their survival in the wake of the coronavirus crisis, the top teams - notably Ferrari - have other ideas. "Maybe the answer is not a single budget cap equal for all the teams," said Ferrari boss Mattia Binotto. The argument is that the top teams would be disadvantaged by a low cap because they must spend some of that amount on components that other teams buy from them. "The cap is completely under discussion," Abiteboul confirmed to France's Auto Hebdo. "But I think we have to be...
Full Story »
Share

You May Also Be Interested In...

Abiteboul: Ricciardo will take a pay cut

Daniel Ricciardo will take a pay cut to help Renault through the...
5y ago from GrandPrix247.com

Formula 1 making progress on cost cap but not there yet

Formula 1 has advanced further on its efforts to define an appropriate...
5y ago from F1i.com

Formula 1 budget cap meeting postponed

A meeting of Formula 1 bosses to discuss a lowering of the sport's budget...
5y ago from BBC.co.uk

Formula 1 postpone budget cap meeting

Formula 1 have delayed a meeting which was designed to discuss the...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

Conor Daly snags Indy 500 ride with Dreyer and Reinbold

Dreyer and Reinbold Racing has announced that Conor Daly will drive for...

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

Popular On TotalWRC.com

Popular On GunnersToday.com

'No corners allowed' - Bayer Leverkusen appear to take...

Bayer Leverkusen appears to take a dig at Arsenal ahead of their clash...
46m ago from SportsKeeda.com

Arsenal consider making bid to sign Chelsea academy...

Arsenal are reportedly considering a move for former Chelsea full-back...
1h ago from SportsKeeda.com

Bid prepared: Arsenal considering move for contract...

Arsenal are reportedly considering a summer transfer window move for...
3h ago from CaughtOffside.com

'He's out' – Arteta confirms key Arsenal star...

Arsenal’s quest for a maiden European crown faces a significant hurdle...
6h ago from CaughtOffside.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.