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$145m budget cap for Formula 1 in 2021

Ross Brawn has confirmed that a $145 million budget cap for 2021 is close to being agreed by Formula 1 teams. Brawn confirmed to Sky Sports F1 that final discussions are taking place between Formula 1 bosses and the teams regarding a $145m budget cap for the 2021 season, a cap $30m lower than was previously agreed in regulations. Article continues under video "Today's meeting was the FIA and Formula 1," said Brawn. "The details will be going out to the teams in the next few days. There has been a lot of consultation and I think we're now at the very final stages. It will all become clear shortly. "The budget cap's initial objectives were a more competitive field and I...
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