News Details

Brawn: F1 set for reduced budget cap

F1's motorsports managing director Ross Brawn has told Sky Sports that the sport is now in the final stages of agreeing a reduced cost cap for 2021. The sport was due to introduce a cap of $175m, excluding including drivers' salaries and other selected items, from next year in a bid to improve the competitiveness of the sport. But Brawn says the economic consequences of the coronavirus pandemic have accelerated the need for a further reduction in the money being spent by teams to go racing. Fresh from a meeting between F1 and the FIA the sport's governing body, on Monday Brawn joined The F1 Show to provide the latest update. "Today's meeting was the FIA and Formula 1," said Brawn...
Full Story »
5y ago from SkySports.com 0
Share

You May Also Be Interested In...

Brawn: Reduced budget cap deal ‘in final stages'

Formula 1's managing director, Ross Brawn, has said an agreement over a...
5y ago from PlanetF1.com

‘Ferrari has agreed to reduced cap but…'

Good news for McLaren and others wanting a lower budget cap, Ferrari has...
5y ago from PlanetF1.com

Brawn & Brown on the latest in F1!

What's the latest with F1's calendar? And the crucial team meetings? Don't...
5y ago from SkySports.com

Brown: There’s an opportunity here to level the...

The opposition of big teams must not deter the FIA from implementing its...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

‘Below the top tier’ – Rice criticised after...

Declan Rice faced criticism following Arsenal’s 2-0 defeat to Manchester...
39m ago from CaughtOffside.com

Man City end Arsenal's quadruple hopes as O'Reilly...

Manchester City won the Carabao Cup as Nico O'Reilly's double clinched a...
49m ago from SkySports.com

O'Reilly buzzing after Cup final brace

Nico O'Reilly said he was 'absolutely buzzing' after scoring twice in...
29m ago from SkySports.com

How to watch Arsenal vs Man City Carabao Cup Final

Arsenal face Manchester City in the Carabao Cup final on March 22 live on...
19m ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.