News Details
F1 feared loss of manufacturers without cost cap
Formula 1’s managing director Ross Brawn believes the sport would have lost manufacturers had a budget cap not been introduced for 2021. In a bid to ride out the anticipated economic impact of the coronavirus crisis, the 10 teams agreed a package of cost-cutting measures including the introduction of a revised budget cap of $145 million from next season. The spending cap will come into force from 2021 and was significantly reduced from the original planned figure of $175 million following recent talks between the teams and F1’s stakeholders. Speaking at this week’s FIA eSport Conference, Brawn admitted he feared the championship would have lost manufacturers had a cost cap not been...
Full Story »
Full Story »
You May Also Be Interested In...
F1 feared losing manufacturers without cost cap
Formula 1’s Managing Director of Motorsports Ross Brawn says he feared...
5y ago from MotorsportWeek.com
Steiner: "In good times, F1 shouldn't come back...
One of the most important changes for Formula 1 is the introduction of...
5y ago from GPBlog.com
Racing Point: 'Budgetcap will only have a real impact...
From 2021 there will be a budget cap in Formula 1. From that moment on,...
5y ago from GPBlog.com
'New Formula 1 team postpones debut by one year until...
Ross Brawn indicated on Tuesday that there will be no new engine...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
1h ago from Motorsport.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
1d ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
1d ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Rough and tumble weekend dampens Josef Newgarden’s...
Josef Newgarden came into IndyCar's Arlington GP weekend on a high,...
10h ago from MotorsportWeek.c...
Official race results: 2026 IndyCar Grand Prix of...
No description available...
15h ago from Motorsport.com
Kirkwood "currently the biggest threat" to...
No description available...
12h ago from Motorsport.com
Alex Palou “never felt safe” during Grand Prix of...
No description available...
13h ago from Motorsport.com
Popular On TotalWRC.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
15h ago from Motorsport.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
19h ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
22h ago from Motorsport.com
Taka-San: King of Kenya
At the 94th time of asking, Takamoto Katsuta and co-driver Aaron Johnston...
22h ago from MotorsportWeek.c...
Popular On GunnersToday.com
'We used to do that' – Wayne Rooney offers cheeky...
Manchester United great Wayne Rooney has told Arsenal wonderkid Max Dowman...
11m ago from SportsKeeda.com
We can just enjoy it, Mikel Arteta has to think about...
Morning all. How was your Sunday? Did you watch the replays again? And...
3h ago from Arseblog.com
Report: Arsenal join race for 70 million centre-back...
Arsenal have reportedly joined a growing list of clubs interested in RB...
3h ago from CaughtOffside.com
John Terry claims Arsenal have a player who reminds...
John Terry has claimed that Arsenal wonderkid Max Dowman reminds him of...
10h ago from CaughtOffside.com
Comments
Hottest News
Franco Colapinto's team call for end to abuse as Esteban...
Esteban Ocon admitted fault and apologised to... Read More »
1h ago from MotorsportWeek.com
Verstappen says new F1 will ‘ruin the sport'
Mar.16 Max Verstappen has delivered his most... Read More »
2h ago from OneStopStrategy.com
Hamilton credits Ferrari ‘listening' for '26 revival
Mar.16 Lewis Hamilton says he is back to his... Read More »
2h ago from OneStopStrategy.com
