News Details
COVID-19: Cap changes at centre of new crisis talks
Formula 1 could see a further changes to its incoming budget cap for the 2021 season, with support building for incremental reductions in the latest round of crisis talks on Thursday. An immediate concern with teams suffering under the financial strain of the COVID-19 pandemic, an agreement had been made several weeks ago to lower the original $175m cap figure to $150m, but progress on any further reduction — as desired by the smaller teams — has been difficult to come by. Per reports from Thursday's video conference — which was attended by F1's Chase Carey and Ross Brawn, FIA president Jean Todt and the F1 team principals — a possible compromise is a cap with...
Full Story »
Full Story »
5y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sedil: This crisis is a final wake up call for Formula...
The COVID-19 crisis is a final wake-up call for an already...
5y ago from GrandPrix247.com
Ferrari's Binotto open to reduced cost cap for 2021;...
Scuderia Ferrari boss Mattia Binotto has said he would welcome a reduced...
5y ago from TheCheckeredFlag....
Current crisis is 'massive opportunity' for F1 - Agag
Formula E founder and chairman Alejandro Agag believes the COVID-19...
5y ago from F1i.com
McLaren: F1’s current crisis the final wake-up call
McLaren team principal Andreas Seidl sees the ongoing coronavirus crisis...
5y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Ducati trusts that "everything will remain...
No description available...
3h ago from Motorsport.com
Gresini Racing exploring potential Honda MotoGP...
Gresini Racing are exploring a potential reunion with Honda as a...
3h ago from MotorsportWeek.c...
What made Aprilia so dominant in Brazilian GP after...
No description available...
1h ago from Motorsport.com
Pedro Acosta: ‘Last year’s KTM wasn’t that bad,...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
1d ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
5d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
5d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
2h ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
After injury to William Saliba, Arsenal defender...
Arsenal defender Gabriel Magalhães has also withdrawn from the national...
1h ago from SportsKeeda.com
“A final defeat doesn’t define us” - Arsenal...
Arsenal star Declan Rice took to Instagram to share a message for fans...
3h ago from SportsKeeda.com
100m-rated Premier League newcomer set to spark...
Rayan has done quite well since moving to the Premier League, and he has...
10m ago from CaughtOffside.com
The hidden factors that could decide the Premier...
The Premier League is entering its final weeks and the league table...
4h ago from CaughtOffside.com
Comments
Hottest News
Farewell Oxfordshire: Could Christian Horner and Geri...
Seemingly snubbed for the Aston Martin team... Read More »
1h ago from GPFans.com
BMW make decision on F1 return
BMW have announced their verdict on a potential... Read More »
7h ago from GPFans.com
Max Verstappen announces major rebrand ahead of F1 Japanese...
Team Redline; Max Verstappen's sim-racing cohort... Read More »
50m ago from MotorsportWeek.com
