News Details
Carey confirms budget cap 'dry run' for teams in 2020
Formula 1 CEO Chase Carey has confirmed that the spending of all ten F1 teams will be monitored next season, a year ahead of the formal introduction of the sport's $175m budget cap. F1, the FIA and the teams have agreed on cost cutting measures from 2021, with spending capped at $175m. However, the number excludes a series of significant items, including drivers' salaries, engine costs and marketing expenses. But properly policing the budget cap by the sport's legislators is obviously crucial to its reliable implementation. Formula 1 enjoys increase in revenue for second quarter 2019 Formula 1 will therefore undergo a "dry run" in 2020, with teams invited to open their books for...
Full Story »
Full Story »
You May Also Be Interested In...
Next F1 season will be used as a test for the budget...
One of the biggest talking points outside of car design is the budget...
6y ago from GPBlog.com
Teams Agree to Expand Formula 1 Calendar to Twenty-Two...
Formula 1 looks set to have its longest ever season
in 2020, with teams...
6y ago from TheCheckeredFlag....
F1 agrees to cost cap but will $175M bring new teams?
I was reading an article over at Autosport today about the proposed cost...
6y ago from TheParcFerme.com
Engine allocation could decide 22-race calendar for...
The prospect of the Spanish Grand Prix remaining on F1's schedule in 2020...
6y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: Yamaha ‘has no idea’ how to fix...
No description available...
13h ago from Motorsport.com
Marco Bezzecchi ‘wasn’t expecting’ Aprilia COTA...
Marco Bezzecchi admitted he “wasn’t expecting” a record-breaking...
14h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s United States GP
No description available...
19h ago from Motorsport.com
What happened in Marco Bezzecchi and Pedro Acosta’s...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward left searching for answers after...
No description available...
12h ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
16h ago from MotorsportWeek.c...
David Malukas “learned a lot” with tire strategy...
No description available...
13h ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
4d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
4d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal make first move for 17-goal star but Tottenham...
German striker Nicolo Tresoldi is a target for Arsenal and Tottenham ahead...
7h ago from CaughtOffside.com
Arsenal could leapfrog Man United for Elliot Anderson...
Manchester United’s top summer transfer target, Elliot Anderson, has...
7h ago from CaughtOffside.com
Man United eye perfect Casemiro replacement with move...
Leon Goretzka has been heavily linked with a move away from Bayern Munich...
12h ago from CaughtOffside.com
Arsenal forward’s availability for Champions League...
Arsenal star Noni Madueke's availability is in doubt for the UEFA...
14h ago from SportsKeeda.com
Comments
Hottest News
Honda reveal stunning new Aston Martin detail which changes...
A revelation from Honda's president made during... Read More »
11h ago from GPFans.com
Ferrari F1 suspect Mercedes skullduggery with new engine...
F1 has always been about more than the action on... Read More »
20h ago from GPFans.com
Jacques Villeneuve on Ollie Bearman crash at Suzuka “Now...
Speaking on F1 TV, normally ultra-confident but... Read More »
1d ago from GrandPrix247.com
