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...
6y ago from GPBlog.com
Wolff optimistic about 2021 regulation talks
Mercedes boss Toto Wolff believes that “momentum” is growing for...
6y ago from GPFans.com
Wolff still opposed to Liberty's budget cap plans
Mercedes team principal Toto Wolff has renewed the Silver Arrows'...
6y 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...
6y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP breaks attendance records in 2025; only two...
No description available...
12h ago from Motorsport.com
Motorsport Week's Top 10 MotoGP riders of 2025
The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...
1d ago from MotorsportWeek.c...
22 MotoGP rounds are “too many for the body”,...
No description available...
1d ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1w ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026: Full route, schedule and marathon stage...
No description available...
10h ago from Motorsport.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
3d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal player ratings: Declan Rice shines despite new...
Arsenal returned to the top of the Premier League table with a 2-1 win at...
4h ago from CaughtOffside.com
'Unbelievable' – Arsenal star earns special...
Arsenal goalkeeper David Raya has earned big praise for a world class save...
5h ago from CaughtOffside.com
Ødegaard’s strike and Rice’s flexibility steer...
ew minutes before half-time in a contest that swung entirely one way and...
5h ago from TheGuardian.com
Arsenal hold on to beat Brighton and go back above Man...
Arsenal held off a Brighton fightback to return to the top of the Premier...
5h ago from SkySports.com
Comments
Hottest News
Oscar Piastri reveals what he 'ruined' for F1 fans after...
McLaren F1 star Oscar Piastri has admitted he has... Read More »
58m ago from GPFans.com
Daniel Ricciardo goes Raptor jumping in new role after F1...
Former F1 star Daniel Ricciardo has fully... Read More »
1h ago from GPFans.com
Max Verstappen ally Gianpiero Lambiase 'in talks' with F1...
Max Verstappen's Red Bull F1 race engineer... Read More »
2h ago from GPFans.com
