News Details
Formula 1 crisis talks: teams discussing further cost-cap reduction
Set to be introduced in 2021, Formula 1 could see its $175 million cost cap come down to as little as $100 million after the most recent round of crisis talks on Monday. The meeting, which took place via teleconference between F1's team principals, Liberty Media's Chase Carey and Ross Brawn, and FIA president Jean Todt, was set-up to discuss all manner of issues relating to the COVID-19 pandemic's effect on the sport. Per a report from motorsport.com, the only firm conclusion to come out of the talks was Todt's insistence that the new technical regulations (postponed to 2022) would not be delayed any further, while the main topic of discussion was how much further the budget cap could be...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
F1 teams agree to explore budget cap further after...
Formula 1 bosses ended their crisis meeting on Monday with an agreement to...
5y ago from BBC.co.uk
Potential liquidity problem Liberty Media: 'More than...
Liberty Media will have to return some £200 million in entry fees...
5y ago from GPBlog.com
‘Smaller teams want lower cap, Ferrari says no'
Formula 1's smaller teams are pushing for next year's budget cap to be...
5y ago from PlanetF1.com
F1 teams agree budget cap cut - talks ongoing to slash...
Formula 1's 10 teams have agreed on a cut to the budget cap due to come...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
8h ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
1d ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
1d ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
2d ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
3d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
2d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
7h ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
9h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
10h ago from Motorsport.com
WRC Sweden: Elfyn Evans heads Toyota 1-2-3-4 into...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
What Christian Norgaard was seen telling the Arsenal...
Arsenal’s medical woes took center stage during their latest outing as...
1h ago from CaughtOffside.com
One Arsenal star gets singled out for pulling the...
Arsenal forward Noni Madueke was full of praise for Eberechi Eze following...
2h ago from CaughtOffside.com
'Ruins my mood every time I watch him', 'Simply just a...
Fans reacted to the performance of striker Viktor Gyokeres in Arsenal's...
3h ago from SportsKeeda.com
Arsenal outclass and overwhelm Wigan in dominant FA...
Arsenal dispatched Wigan with ease to progress into the fifth round of the...
4h ago from SkySports.com
Comments
Hottest News
F1 engineer begins restoring Aston Martin left abandoned...
It's important for young engineers and mechanics... Read More »
54m ago from GPFans.com
Lewis Hamilton boosted as Ferrari set for massive upgrades...
Lewis Hamilton doesn't seem like he's been able... Read More »
2h ago from GPFans.com
Lewis Hamilton just provided the funniest ever moment of F1...
It's an unspoken (and obvious) truth about anyone... Read More »
3h ago from GPFans.com
