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
Marco Bezzecchi ‘wasn’t expecting’ Aprilia COTA...
Marco Bezzecchi admitted he “wasn’t expecting” a record-breaking...
18h ago from MotorsportWeek.c...
Fabio Quartararo: Yamaha ‘has no idea’ how to fix...
No description available...
17h ago from Motorsport.com
Winners and losers from MotoGP’s United States GP
No description available...
22h ago from Motorsport.com
What happened in Marco Bezzecchi and Pedro Acosta’s...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward left searching for answers after...
No description available...
15h ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
19h ago from MotorsportWeek.c...
David Malukas “learned a lot” with tire strategy...
No description available...
16h 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
'I'm thinking about…' – Man United,...
Nottingham Forest central midfielder Elliot Anderson insists he's only...
2h ago from CaughtOffside.com
Havertz on the scoresheet : Tuchel speaks well again
Morning. It's still all about the injuries and the Interlull this morning....
2h ago from Arseblog.com
Arsenal could leapfrog Man United for Elliot Anderson...
Manchester United’s top summer transfer target, Elliot Anderson, has...
10h ago from CaughtOffside.com
Arsenal make first move for 17-goal star but Tottenham...
German striker Nicolo Tresoldi is a target for Arsenal and Tottenham ahead...
10h ago from CaughtOffside.com
Comments
Hottest News
George Russell job is on the line with clock ticking says...
George Russell has been warned after his F1... Read More »
49m ago from GPFans.com
Franco Colapinto management issue statement after Oliver...
Franco Colapinto was the second car involved in... Read More »
59m ago from RacingNews365.com
Toto Wolff says he is two minds about Christian Horner...
Mercedes boss Toto Wolff is not sure whether he... Read More »
1h ago from GrandPrix247.com
