News Details
Liberty Media think budget cap "pretty much accepted" by F1 teams
Liberty Media CEO Greg Maffei has revealed that Formula 1 teams are now relatively close to accepting a budget cap system in the sport, as the American claims "huge progress" has been made in the effort to install the cap. The new owners of F1 have pushed the agenda of introducing a budget cap in 2021 for a long time, as the current disparity in budgets between the likes of Mercedes and a team like Haas F1 is monumental - hundreds of millions. “I think that huge progress has been made,” Greg Maffei was quoted by Motorsport.com. “Sure there are issues to be debated. F1 has talked about putting cost caps in for 15 years or more, and when we...
Full Story »
Full Story »
6y ago from GPBlog.com
0
You May Also Be Interested In...
Mercedes' dominance frustrating Liberty Media
Liberty Media chief executive Greg Maffei says Mercedes' record-breaking...
6y ago from GPFans.com
Mercedes doing ‘too well', says Liberty Media
Liberty Media CEO Greg Maffei believes Mercedes are 'doing too well' and...
6y ago from PlanetF1.com
Mercedes doing ‘too well' says Liberty Media
Liberty Media CEO Greg Maffei believes Mercedes are 'doing too well' and...
6y ago from PlanetF1.com
Liberty: ‘Huge progress' made in 2021 talks
Liberty Media CEO Greg Maffei has said that Formula 1 and its teams are...
6y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
14h ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
16h ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
1d ago from MotorsportWeek.c...
Rain spoils debut of Honda’s 850cc engine in Sepang...
No description available...
1d 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...
4d 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...
5d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
14h ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
1d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Merry Christmas from Arseblog
Whatever you’re doing today, I hope you have a good one. Eat well, drink...
24m ago from Arseblog.com
Sources: Man United & Arsenal enter race for...
Genk’s teenage sensation Konstantinos Karetsas has rapidly emerged as...
14m ago from CaughtOffside.com
Arsenal join Tottenham & Chelsea in race for...
Arsenal, Tottenham and Chelsea remain interested in signing the Juventus...
10h ago from CaughtOffside.com
Arsenal plot surprise raid for 6ft 5in teen sensation...
Arsenal are interested in signing the AC Milan defender Davide...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 Academy reveals where it will support Formula One in 2026
F1 Academy, the female-only, Formula-4 level... Read More »
4h ago from F1Technical.net
Ferrari suggests that it could take some positives despite...
On the back of a disastrous season for the... Read More »
4h ago from F1Technical.net
Honda detail 'intense' Adrian Newey conversations as Aston...
Adrian Newey knows all about Aston Martin's new... Read More »
12h ago from RacingNews365.com
