News Details

Liberty Media eyes F1 cost cap - report

©Wri2 US businessman John Malone, whose Liberty Media group is currently in the process of a takeover of Formula 1, plans on implementing a budget cap in the sport, according to a business report in The Telegraph. Cost control has been a recurring theme in F1 for many years as smaller outfits struggle to keep pace with ever-growing budgets. However, teams have never managed to reach any agreement and previous proposals have been ditched in the face of opposition from big constructors. In 2009, then FIA president Max Mosley wanted to establish a £40 million budget cap, an enticing prospect for the three outfits - Lotus Racing, Virgin Racing, and Hispania Racing F1 Team - set to enter the...
Full Story »
9y ago from F1i.com 0
Share

You May Also Be Interested In...

Liberty Media raises £1.2bn to support F1 takeover

 XPB Images Liberty Media has announced that it has reached...
9y ago from F1i.com

Liberty Media gets antitrust approvals for F1 takeover

Liberty Media has announced it has gained all the necessary approvals...
9y ago from GrandPrixTimes.com

Liberty takeover gets antitrust approvals

– Liberty Media has announced that it has now received the required...
9y ago from GPUpdate.net

Liberty planning F1 budget cap - report

Incoming Formula 1 owner Liberty Media is reported to be evaluating plans...
9y ago from Motorsport.com

Elsewhere On The Network

Popular On MGPToday.com

Trackhouse Aprilia launches two liveries ahead of 2026...

Trackhouse Aprilia satellite team has launched its two new liveries in...
21h ago from MotorsportWeek.c...

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...
21h ago from MotorsportWeek.c...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal ready to make surprise transfer...

Arsenal could reportedly be ready to extend Gabriel Jesus' contract by one...
59m ago from CaughtOffside.com

“It doesn’t matter” - Thierry Henry dismisses...

Arsenal legend Thierry Henry has dismissed talk of Arsenal being Europe's...
1h ago from SportsKeeda.com

'He has struggled' – Arsenal legend tips club to...

Arsenal could end up selling left-back Myles Lewis-Skelly, according to...
3h ago from CaughtOffside.com

Gyokeres, Havertz and the Nwaneri loan move

Morning. I think we're all entitled to a relatively quiet day (in football...
5h ago from Arseblog.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.