News Details
Budget cap to be introduced in 2015
– Formula 1 will introduce a budget cap from the start of 2015, with basic terms being agreed at a meeting of the sport's Strategy Group and Commission in Paris on Monday. A working group will now be put together to determine the finer details of the cuts, including representatives from governing body the FIA and commercial rights holder FOM, and Formula 1 team members. A deadline for the full-blown regulations to be outlined has been set as June of next year. The concept, which has long been under discussion, was put under the spotlight once more this season, with a number of teams admitting to financial struggles. A budget cap was previously attempted under Max Mosley's tenure as...
Full Story »
Full Story »
11y ago from GPUpdate.net
0
You May Also Be Interested In...
Budget cap to be introduced for 2015
The FIA has announced that a budget cap will be implemented from the...
11y ago from F1Zone.net
FIA introduce big changes including bespoke driver...
FIA introduce big changes including bespoke driver numbers and double...
11y ago from GrandPrix247.com
FIA announces regulation changes
The principle of a global cost cap has been adopted. The limit will be...
11y ago from Pitpass.com
FIA approves regulation changes, including cost cap
Following a meeting of the F1 Strategy Group and the Formula One...
11y ago from F1Technical.net
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
22h ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
1d ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
3d ago from Motorsport.com
Why Yamaha was disappointing on 2026 MotoGP rider...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar's Alex Palou is not on Red Bull's F1...
No description available...
15h ago from Motorsport.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
2d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
2d ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
FIA promises WRC investment following commercial...
No description available...
2h ago from Motorsport.com
Fast WRC Paraguay stages promise “plenty of...
No description available...
17h ago from Motorsport.com
FIA launches tender process for new WRC promoter
No description available...
1w ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
2w ago from Motorsport.com
Popular On GunnersToday.com
'They were already a strong team' - Liverpool boss...
Liverpool manager Arne Slot has heaped praise on Arsenal ahead of their...
1h ago from SportsKeeda.com
Fabrizio Romano says Arsenal 'on the verge' of new...
Arsenal are on the verge of a deal to sign Bayer Leverkusen's versatile...
2h ago from CaughtOffside.com
Premier League build-up LIVE! Slot and Howe set to...
No description available...
3h ago from SkySports.com
Can Eze complete redemption arc and push Arsenal to PL...
Eberechi Eze's journey to becoming an Arsenal player was one that began...
3h ago from SkySports.com
Comments
Hottest News
LIVE: 2025 F1 Dutch Grand Prix - Zandvoort Free Practice 1
Follow along live with all the action from... Read More »
2h ago from RacingNews365.com
Lewis Hamilton suffers spin as beached Mercedes triggers...
A dramatic start to first practice ahead of this... Read More »
53m ago from RacingNews365.com
Sky Sports F1 pundit Naomi Schiff given new role
Sky Sports F1 pundit Naomi Schiff has unveiled an... Read More »
1h ago from GPFans.com
