News Details
Brown: $100m cap demand was a tactic
Zak Brown led the charge for F1's budget cap to be slashed to $100m but says that was merely a tactic to get a lower cap. Last year the Formula 1 teams agreed to introduce a budget cap of $175 million in 2021. However, with the start of this year's championship delayed by more than three months, teams haemorrhaged money and entered talks to lower the cap. While F1's big teams initially agreed to $150m, some teams – led by McLaren – pushed for $100m. The teams eventually compromised on $145m for 2021 which will fall to $130m by 2023. Brown explained to Auto Motor und Sport: 'It is a common tactic to make higher demands to get what is acceptable in the end. 'I think we met in the...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Brown: "Red Bull Racing big winner of the budget...
Due to the coronavirus, Formula 1 has been at a standstill for a number...
4y ago from GPBlog.com
Vasseur: Budget cap easier for small teams to deal with
Alfa Romeo team principal Fred Vasseur believes the budget cap will be...
4y ago from GrandPrix247.com
Brown: The sport wins if fans win with new rules
Formula 1's new balancing measures from 2021 onwards are a win for all...
4y ago from GrandPrix247.com
Zak Brown Believes Ricciardo can Win World...
McLaren Racing CEO Zak Brown says that incoming driver Daniel Ricciardo...
4y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia admits it is impossible to think...
No description available...
6h ago from Motorsport.com
Marc Marquez and Francesco Bagnaia called to MotoGP...
No description available...
6h ago from Motorsport.com
Why late podium charge against Francesco Bagnaia gave...
No description available...
7h ago from Motorsport.com
Fabio Quartararo explains "a real disaster"...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Road America – Race Results
Road America was the scene of this weekend’s IndyCar event, and high...
2h ago from MotorsportWeek.c...
Ferrucci survives early race ‘mayhem’ to earn...
Santino Ferrucci finished third in Sunday’s race from Road America,...
1h ago from MotorsportWeek.c...
Alex Palou wins frantic, fuel-saving IndyCar battle at...
No description available...
2h ago from Motorsport.com
Alex Palou turns up the heat, earns IndyCar victory at...
The NTT IndyCar Series contested a fierce race at Road America Sunday...
2h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
4d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal receive boost in Rodrygo chase as sources...
Arsenal remain firmly interested in signing Real Madrid forward Rodrygo...
2h ago from FreshArsenal.com
Arsenal end talks to sign £70 million-rated star...
Arsenal have reportedly decided to end talks with Benjamin Sesko. The...
2h ago from SportsKeeda.com
Bayern Munich set sights on ‘incredible' Arsenal...
Bayern Munich have reportedly set their sights on Arsenal’s Gabriel...
6h ago from CaughtOffside.com
Surprise Premier League club eyeing up move for...
Brighton & Hove Albion have set their sights on Liverpool's Harvey Elliot...
6h ago from SportsKeeda.com
Comments
Hottest News
I’m an F1 superstar and I own a Ferrari, but I’d rather...
The surprising confession of one F1 star has... Read More »
2h ago from GPFans.com
Car FLIPS in controversial crash as Nurburgring 24 hour...
A crash at the 2025 Nurburgring 24 Hours has... Read More »
3h ago from GPFans.com
Legendary F1 TV presenter RETIREMENT confirmed
A former F1 presenter and sports broadcasting... Read More »
12h ago from GPFans.com