News Details
F1 budget cap should be just $75m - Agag
Apr.15 Formula 1's new budget cap should be as low as $75 million in the wake of the coronavirus crisis. That is the view of Formula E boss Alejandro Agag. "In general, this could be an opportunity for motorsport," he told motorsport-total.com. "Especially for Formula 1, it could be a huge opportunity to restructure the entire model," Agag added. "I'm hearing about budget caps of $125 million and that sort of thing. Then why not have a cost cap of $75 million and make everyone really profitable?" Agag even thinks the timing of the crisis could be a blessing for F1. "Perhaps it is a good thing that the Concorde Agreement has not yet been signed, because...
Full Story »
Full Story »
5y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Ferrari's Binotto in favour of two-tier budget cap...
Ferrari boss Mattia Binotto is in favour of a two-tier budget cap system...
5y ago from F1i.com
Formula 1 budget cap meeting postponed
A meeting of Formula 1 bosses to discuss a lowering of the sport's budget...
5y ago from BBC.co.uk
Formula 1 postpone budget cap meeting
Formula 1 have delayed a meeting which was designed to discuss the...
5y ago from PlanetF1.com
Ferrari customers raise 1 million for coronavirus
Ferrari has shown its good side by raising 1 million euros for help...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu aims to challenge Fabio Quartararo...
No description available...
6h ago from Motorsport.com
Johann Zarco criticises MotoGP radio system: “It’s...
No description available...
1d ago from Motorsport.com
Jorge Martin reveals what’s ‘really difficult’...
Jorge Martin admits it was “really difficult” to make changes aboard...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
2h ago from MotorsportWeek.c...
Mick Schumacher hails IndyCar racing as "the way...
No description available...
1h ago from Motorsport.com
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
1d ago from MotorsportWeek.c...
Mick Schumacher makes IndyCar switch with RLL in 2026
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How the much-missed Richard Burns scaled the WRC...
No description available...
10h ago from Motorsport.com
On this day in 1995, Colin McRae became the UK’s...
No description available...
3d ago from Motorsport.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
6d ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal and Man United learn asking price for...
Arsenal and Manchester United are interested in the Napoli midfielder...
23m ago from CaughtOffside.com
Arsenal vying with Chelsea for Premier League ace...
Arsenal and Chelsea are interested in signing the Nottingham Forest...
13m ago from CaughtOffside.com
'We’ll see a side of him we’ve not seen' - Theo...
Theo Walcott has suggested that Arsenal captain Martin Odegaard needed a...
1h ago from SportsKeeda.com
Report: Arsenal target does not intend to renew his...
Arsenal are reportedly interested in signing the Real Madrid attacker...
3h ago from CaughtOffside.com
Comments
Hottest News
Ferrari denies 2025 F1 season has been ‘a complete...
Ferrari boss Fred Vasseur has dismissed the... Read More »
2h ago from MotorsportWeek.com
Jos Verstappen wants McLaren to deal with 'aggressive'...
Jos Verstappen, the father of four-time F1... Read More »
2h ago from GPFans.com
Ferrari told to 'urgently' investigate Lewis Hamilton...
Ferrari has been implored to get to the bottom of... Read More »
2h ago from RacingNews365.com
