News Details
Abiteboul doubts further reduction of budget cap 'Is a challenge'
Despite the fact that we are still in the middle of the corona crisis, it is already clear that the pandemic has a huge impact on Formula 1.The budget limit is making its entrance and will possibly drop even further so that the teams will not go under financially. Cyril Abiteboul hopes that there are still ten teams active in Formula 1, or more, after the crisis. 100 or 150 million Renault's team boss lost an important member of the team this week. Daniel Ricciardo will be driving for McLaren from 2021. A financial advantage is that they no longer have to pay the Australian's enormous salary, although Abiteboul indicates that they don't have to worry about cuts at Renault. According to the...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 set for five-year sliding-scale budget cap
F1 teams are reportedly considering a five-year budget cap plan that to...
5y ago from F1i.com
Abiteboul congratulates Verstappen: ''That salary...
The budget ceiling for 2021 has been set at $145 million and the teams...
5y ago from GPBlog.com
Abiteboul takes parting shot at Ricciardo
Renault boss Cyril Abiteboul has directed some veiled criticism at his...
5y ago from GrandPrix247.com
McLaren is considering to pledge The MTC and historic...
McLaren is also feeling the financial consequences of the corona crisis....
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
20h ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
23h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s Hungarian Grand Prix
No description available...
1d ago from Motorsport.com
“I’m back” – Jorge Martin on MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
20h ago from Motorsport.com
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
1d ago from Motorsport.com
Red Bull eyeing F1 drive for IndyCar champion Alex...
Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...
1d ago from MotorsportWeek.c...
IndyCar Milwaukee – Race Results
The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
4d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“I’m not convinced anyway” - Emmanuel Petit...
Arsenal legend Emmanuel Petit believes that it will be tough for Mikel...
2h ago from SportsKeeda.com
Personal terms agreed: Arsenal prepare bid for...
Arsenal look set to take a major step forward in their pursuit of Bayer...
3h ago from CaughtOffside.com
Arsenal talent Max Dowman sums up Rio Ngumoha with...
Arsenal wonderkid Max Dowman has lauded Liverpool sensation Rio Ngumoha...
6h ago from SportsKeeda.com
Complete your summer with an Ecuadorian left-back!
Morning. Like many of you, I'm sure, I watched last night's game between...
6h ago from Arseblog.com
Comments
Hottest News
Breaking: Cadillac confirm 2026 F1 driver line-up
Cadillac has formally announced which two drivers... Read More »
1h ago from RacingNews365.com
FIA make major F1 change ahead of 2025 Dutch Grand Prix
The change will be in force throughout the... Read More »
2h ago from RacingNews365.com
'Surfing' Valtteri Bottas delivers genius transfer hint on...
Valtteri Bottas has further fuelled speculation... Read More »
1h ago from RacingNews365.com