News Details
F1 budget cap a "path to profitability" - Brown
McLaren CEO Zak Brown believes the Formula 1 budget cap will "put a better product on the track" when it is finally introduced in 2021. F1 had planned to introduce a cost cap of $175million, but the global pandemic and resulting financial pressures on teams and manufacturers saw this figure drop to $145m for next year, $140m in 2022, and then $135m from 2023 for three years. Article continues under video “I think the teams did an excellent job over the extended winter to address the fiscal nature of the sport," Brown said in Friday's FIA press conference. "As I think everyone knows, there was too big of a spread between first and 10th, which then plays itself out also...
Full Story »
Full Story »
5y ago from GPFans.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...
5y ago from GPBlog.com
Brown: $100m cap demand was a tactic
Zak Brown led the charge for F1's budget cap to be slashed to $100m but...
5y ago from PlanetF1.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...
5y ago from GrandPrix247.com
Brown: 2020 season could end being shorter than hoped
McLaren CEO Zak Brown says that he believes the delayed 2020 Formula 1...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
15h ago from MotorsportWeek.c...
Ducati: Resurgent Francesco Bagnaia back to his...
No description available...
16h ago from Motorsport.com
Why Toprak Razgatlioglu is slower than he expected
No description available...
18h ago from Motorsport.com
Ducati still favourite after MotoGP Sepang test, but...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Sebring test Day 1: Alex Palou tops the speed...
No description available...
6h ago from Motorsport.com
Kyle Kirkwood: Andretti “not too far off” from...
No description available...
14h ago from Motorsport.com
McLaren eyes Fernando Alonso reunion to complete...
Zak Brown has said he will "continue to bug" Fernando Alonso to...
2d ago from MotorsportWeek.c...
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
3d 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...
6d ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“He doesn’t moan, he gets on with his job” -...
Chelsea legend Ruud Gullit has named Jurrien Timber as the Arsenal player...
18m ago from SportsKeeda.com
Not Erling Haaland or Kylian Mbappe, Dennis Bergkamp...
Arsenal legend Dennis Bergkamp snubbed Erling Haaland and Kylian Mbappe,...
18m ago from SportsKeeda.com
Paul Merson predicts Brentford vs Arsenal and other...
That was an incredible end to Liverpool vs Manchester City in the Premier...
15h ago from SportsKeeda.com
Martin Keown shares theory on why Man City winning...
Former Arsenal centre-back Martin Keown explained why Manchester City's...
15h ago from SportsKeeda.com
Comments
Hottest News
Oscar Piastri reveals 'different behaviour' at dawn of new...
Oscar Piastri has said the new F1 power units are... Read More »
48m ago from RacingNews365.com
F1 News Today: Adrian Newey raises eyebrows as FIA engine...
Adrian Newey's first Aston Martin F1 car design... Read More »
28m ago from GPFans.com
Andy Cowell set to depart Aston Martin in 2026 –...
Andy Cowell looks set to depart Aston Martin... Read More »
10h ago from MotorsportWeek.com
