News Details
‘Ferrari has agreed to reduced cap but…'
Good news for McLaren and others wanting a lower budget cap, Ferrari has reportedly agreed to lowering the cap to $130m…but only in 2023. Formula 1, like the rest of the world, is in the midst of a financial crisis. The 2020 season has yet to get underway after what would have been the season-opening Australian Grand Prix was cancelled two hours before the green flag was expected to be waved for FP1. Teams are losing money by the millions for every grand prix missed, and that list is up to 10 after France cancelled its race. In the immediate aftermath of the Australian cancellation, the F1 team bosses all agreed to run this year's chassis next season and to lower the 2021 budget cap...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
New FIA rule could crush Ferrari budget cap roadblock
A safeguard clause added to the FIA's sporting code could quell Ferrari's...
5y ago from F1i.com
Brown hammers 'in denial' Ferrari over stance on...
McLaren F1 boss Zak Brown has called out Ferrari for its inflexible...
5y ago from F1i.com
McLaren: Ferrari's cap comments don't reflect reality
With Ferrari pushing back on the lowering of the budget cap, Zak Brown...
5y ago from PlanetF1.com
Brown clear: 'The sport can continue without Ferrari'
Zak Brown is not at all happy with the way conversations are currently...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir fears early silly season could leave MotoGP...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
1d ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Scott Dixon to be inducted into IMS Hall of Fame
The Indianapolis Motor Speedway Museum has announced today that IndyCar...
59m ago from MotorsportWeek.c...
Jacob Abel prioritizing IMSA effort but still desires...
No description available...
1h ago from Motorsport.com
IndyCar Sebring test Day 1: Alex Palou tops the speed...
No description available...
17h ago from Motorsport.com
Kyle Kirkwood: Andretti “not too far off” from...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
4h ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
4d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Liverpool eye midfield fix with £100m Arsenal and Man...
Newcastle United midfielder Sandro Tonali has been linked with a move away...
19m ago from CaughtOffside.com
Euro giants line up move for Arsenal star amid...
AC Milan are already planning for a significant overhaul of their...
2h ago from CaughtOffside.com
Man United & Arsenal target is interested in a...
Sandro Tonali’s future is attracting attention ahead of the summer...
10h ago from CaughtOffside.com
Chelsea ‘advancing' in talks to sign striker who...
Chelsea are stepping up their pursuit of Julián Álvarez, with fresh...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 fans slam Aston Martin launch as 'embarrassment' and...
Aston Martin F1 fans who believe in dire... Read More »
4h ago from GPFans.com
Red Bull F1 boss to miss Bahrain testing
Red Bull F1 team principal Laurent Mekies will... Read More »
49m ago from GPFans.com
Cowell reportedly set to leave Aston Martin in coming months
Andy Cowell – the respected former Mercedes... Read More »
3h ago from F1i.com
