News Details
New F1 cost rules will end ‘dinosaur’ big team operations
Formula 1’s new financial regulations will end the need for big team operational approaches and help level the playing field in the sport, according to Racing Point technical director Andrew Green. A major package of cost-cutting changes - including a $145m budget cap for 2021 - is set to be ratified by the FIA World Motor Sport Council and introduced after gaining approval from the teams. The cost cap will force F1’s leading three teams to significantly reduce spending and is likely to lead the likes of Mercedes, Ferrari and Red Bull to make cuts to its staff numbers. McLaren announced this week it will make 1,200 redundancies as part of a major company-wide restructure that will...
Full Story »
Full Story »
You May Also Be Interested In...
Teams vote to level playing field in F1
Formula 1’s teams have agreed a number of regulation changes aimed at...
5y ago from Racer.com
Racing Point's Green admits 'rolling the dice' with...
Racing Point technical director Andy Green says the team decided to take...
5y ago from F1i.com
Austrian government to give F1 green light
May 26 Austrian officials look set to show a green light to Formula 1's...
5y ago from OneStopStrategy.com
Grand Prix of Austria is still waiting for the green...
Officially the green light for the Austrian Grand Prix has not yet been...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Is Alex Marquez’s Jerez MotoGP breakthrough real or...
No description available...
21h ago from Motorsport.com
Should there be a tear-off rule following Marco...
No description available...
2d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
2d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
1d ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
3d ago from Motorsport.com
Zanardi: The man whose name is a synonym for “hero”
No description available...
1d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
4d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
4d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
4d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
No Maybes, the baron does not lie
Morning all. Yesterday was a reminder that Arsenal have to do everything...
2h ago from Arseblog.com
'He’s kind of solved that problem for us' - Ian...
Arsenal legend Ian Wright has heaped praise on Viktor Gyokeres after the...
12h ago from SportsKeeda.com
'He gave you that energy, he lifted everybody' - Paul...
Paul Merson has urged Mikel Arteta to start Myles Lewis-Skelly in...
12h ago from SportsKeeda.com
Fit and firing Bukayo Saka injects fresh belief into...
astating cameo highlighted the crucial role the winger has to play if...
16h ago from TheGuardian.com
Comments
Hottest News
Adrian Newey’s ‘aggressive’ Aston Martin decision to...
While most of Aston Martin's problems throughout... Read More »
46m ago from GPFans.com
F1 Miami Grand Prix 2026 results: Final classification...
After a dramatic fourth round of the Formula 1... Read More »
2h ago from GPFans.com
Hamilton pushes for engine help, Ferrari has ‘best...
May 4 Lewis Hamilton has openly called for... Read More »
36m ago from OneStopStrategy.com
