News Details
Abiteboul doubts further reduction of budget cap 'Is a challenge'
Despite the fact that we are still in the middle of the corona crisis, it is already clear that the pandemic has a huge impact on Formula 1.The budget limit is making its entrance and will possibly drop even further so that the teams will not go under financially. Cyril Abiteboul hopes that there are still ten teams active in Formula 1, or more, after the crisis. 100 or 150 million Renault's team boss lost an important member of the team this week. Daniel Ricciardo will be driving for McLaren from 2021. A financial advantage is that they no longer have to pay the Australian's enormous salary, although Abiteboul indicates that they don't have to worry about cuts at Renault. According to the...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 set for five-year sliding-scale budget cap
F1 teams are reportedly considering a five-year budget cap plan that to...
5y ago from F1i.com
Abiteboul congratulates Verstappen: ''That salary...
The budget ceiling for 2021 has been set at $145 million and the teams...
5y ago from GPBlog.com
Abiteboul takes parting shot at Ricciardo
Renault boss Cyril Abiteboul has directed some veiled criticism at his...
5y ago from GrandPrix247.com
McLaren is considering to pledge The MTC and historic...
McLaren is also feeling the financial consequences of the corona crisis....
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
12h ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
1d ago from Motorsport.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
8h ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
7h ago from Motorsport.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
22h ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
22h ago from MotorsportWeek.c...
Popular On TotalWRC.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
Future second Asian/Pacific event behind WRC calendar...
No description available...
6d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 653 – 11.08.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
9h ago from Arseblog.com
“I’d agree” - Alan Shearer and Gary Lineker say...
Alan Shearer and Gary Lineker believe that Viktor Gyokeres' arrival might...
11h ago from SportsKeeda.com
Jose Mourinho makes offer to sign Arsenal star; wants...
Former Premier League winning-coach Jose Mourinho wants to sign Arsenal...
12h ago from SportsKeeda.com
Terms agreed: Arsenal close in on marquee signing...
Arsenal manager Mikel Arteta plans to continue his transfer business with...
13h ago from CaughtOffside.com
Comments
Hottest News
Former Ferrari star tipped to replace Lewis Hamilton in...
Lewis Hamilton has been tipped to be replaced by... Read More »
4h ago from GPFans.com
Lewis Hamilton admits he was caught out by Ferrari...
Seven-time F1 world champion Lewis Hamilton has... Read More »
2h ago from GPFans.com
McLaren reveal contingency plan over tense Norris and...
McLaren CEO Zak Brown has revealed the plan in... Read More »
1h ago from GPFans.com