News Details
'Red Bull quits alliance with Ferrari and Mercedes in budgetcap talks'
As a result of the corona crisis, Formula 1 teams run the risk of ending up in major financial problems. In order to accommodate the smaller teams in these difficult times, a further reduction of the budget ceiling for 2021 has been proposed. Last year it was agreed that the limit will be 175 million dollars, now a number of teams are pleading to reduce this amount to as much as 100 million dollars. It will come as no surprise that any form of further reduction so far has been blocked by the three big teams. Normally the teams have to agree unanimously to come to a decision on this. However, since this is now an emergency situation, a majority is enough to implement new regulations. Read...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Virgin Racing: The team of the 2010 generation that...
In 2021 the time has finally come: the Formula introduces a budget limit....
5y ago from GPBlog.com
Wolff hits reverse over budget cap - Marko
Apr.24 Toto Wolff has "suddenly" hit reverse gear on a drastic...
5y ago from OneStopStrategy.com
Brown: Ferrari are living in denial
McLaren boss Zak Brown has accused Ferrari of being in denial about the...
5y ago from GrandPrix247.com
Ferrari issue F1 quit threat over 'demanding' budget...
Ferrari team principal Mattia Binotto has warned that the manufacturer...
5y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
What the concessions system will look like in MotoGP's...
No description available...
1h ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
20h ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
1d ago from Motorsport.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Andretti lights up IndyCar Long Beach practice, Will...
The field of 25 drivers in the NTT IndyCar Series roared out of a...
12h ago from MotorsportWeek.c...
Will Power says father wrestling gunman was "just...
No description available...
14h ago from Motorsport.com
Current street course woes make Long Beach “a...
No description available...
20h ago from Motorsport.com
O'Ward: F1 has become an "artificial" show,...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
20h ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
21h ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'It's going to be harder for City' - Frank Leboeuf...
Former World Cup winner Frank Leboeuf has predicted the winner of the...
1h ago from SportsKeeda.com
Saturday miscellany: Tactics, strikers, archives,...
Good morning. It's Saturday and there's a big game tomorrow, but I don't...
4h ago from Arseblog.com
Real Madrid want 100m Arsenal star, Gunners could...
Arsenal defender Jurrien Timber is reportedly a target for Real Madrid at...
6h ago from CaughtOffside.com
Sources: Arsenal & Man United showing 'most...
Eduardo Camavinga has been heavily linked with a move away from Real...
7h ago from CaughtOffside.com
Comments
Hottest News
Stella shuts down Ferrari rumors, lifts lid on Lambiase hire
McLaren’s bold move to recruit race engineer... Read More »
1h ago from F1i.com
Where are F1 teams based? Welcome to England's 'motorsport...
F1 has raced all over the world in its 76 year... Read More »
1h ago from GPFans.com
McLaren boss addresses Ferrari defection rumours
McLaren F1 Team Principal Andrea Stella has... Read More »
49m ago from MotorsportWeek.com
