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 Comments
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
Why the next contract matters more to Fabio Quartararo...
No description available...
16h ago from Motorsport.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
1d ago from Motorsport.com
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
4h ago from MotorsportWeek.c...
Will Power victorious after tense battle for the top...
IndyCar tackled the final road course of the season on Sunday, completing...
4h ago from MotorsportWeek.c...
Alex Palou is your 2025 IndyCar series champion with...
No description available...
4h ago from Motorsport.com
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
3h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Future second Asian/Pacific event behind WRC calendar...
No description available...
5d ago from Motorsport.com
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'Might go' – Arsenal legend names the Gunners...
Arsenal legend Alan Smith believes it might now be the right time for...
13h ago from CaughtOffside.com
Report: Arsenal could bring back former Premier League...
Ademola Lookman has been linked with a return to the Premier League in...
13h ago from CaughtOffside.com
Arsenal summer signing Martin Zubimendi praises 2...
Arsenal midfielder Martin Zubimendi has heaped praise on Declan Rice and...
17h ago from SportsKeeda.com
Premier League fans’ previews: our club-by-club...
Guardian’s fans network looks ahead to the new season: fresh talent,...
19h ago from TheGuardian.com
Comments
Hottest News
Urgent Deletion Notice to GPToday.com
We have repeatedly attempted to contact... Read More »
8h ago from Formula1News.co.uk
Shovlin reveals 'Mercedes will be looking to optimise the...
On the back of Mercedes' first podium finish... Read More »
2h ago from F1Technical.net
Former F1 stars join Novak Djokovic in Le Mans team takeover
Ex F1 stars Felipe Massa and Kevin Magnussen have... Read More »
6h ago from GPFans.com
