News Details
Plans to make F1 'more competitive' from 2021
Formula 1 faces a pivotal meeting on Tuesday as bosses present their plans to the teams for the future of the sport from 2021. Owners Liberty Media and governing body the FIA are to introduce a budget cap and restructure revenue distribution to try and make F1 more competitive. The agenda for the meeting has been sent to teams without specific details. The package is the result of 12 months of talks after Liberty first presented its hopes for F1's future last April. The meeting will discuss: Cap on teams' annual budgets, starting in either 2020 or 2021 at a figure above $200m (£151m) a year and reducing to below $150m (£114m) within three or four years Revised revenue...
Full Story »
Full Story »
You May Also Be Interested In...
Zak Brown looks at 2021 rule changes as questions over...
Zak Brown has admitted that McLaren could be forced to leave Formula 1 in...
7y ago from GPBlog.com
Wolff optimistic about 2021 regulation talks
Mercedes boss Toto Wolff believes that “momentum” is growing for...
7y ago from GPFans.com
Wolff still opposed to Liberty's budget cap plans
Mercedes team principal Toto Wolff has renewed the Silver Arrows'...
7y ago from GPFans.com
Steiner: Teams need clarity on 2021 regulation changes
Haas F1 boss Guenther Steiner has said the Formula 1 teams need clarity...
7y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Marquez has been struggling in MotoGP this...
No description available...
59m ago from Motorsport.com
Construction moving forward at Buenos Aires for...
No description available...
17h ago from Motorsport.com
Massimo Rivola: Aprilia has become the ‘benchmark’...
Massimo Rivola has admitted that Aprilia has become the current reference...
1d ago from MotorsportWeek.c...
Ducati playing “catch-up” to Aprilia but insists...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
4d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
5d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
4d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1w ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Gunners wait on key injury news
No description available...
1h ago from SkySports.com
Fabrizio Romano says Arsenal transfer target has...
Arsenal fans may be interested to hear that Fabrizio Romano rates the...
2h ago from CaughtOffside.com
Time to rediscover Arsenal's right-hand reliance
Good morning all. Andrew is on his way to Lisbon this morning so I'm here...
2h ago from Arseblog.com
FA make decision on punishing Arsenal star Gabriel...
The FA are reportedly unlikely to sanction Arsenal attacker Gabriel...
2h ago from SportsKeeda.com
Comments
Hottest News
Major McLaren upgrade reported as Mercedes put on red alert
Mercedes might have dominated the start of the... Read More »
1h ago from RacingNews365.com
Verstappen’s inner circle at Red Bull takes another hit
Fresh uncertainty appears to be brewing inside... Read More »
39m ago from F1i.com
Adrian Newey snubbed star F1 driver because ‘he’s too...
Adrian Newey might be the ultimate F1... Read More »
2h ago from GPFans.com
