News Details
F1 feared loss of manufacturers without cost cap
Formula 1’s managing director Ross Brawn believes the sport would have lost manufacturers had a budget cap not been introduced for 2021. In a bid to ride out the anticipated economic impact of the coronavirus crisis, the 10 teams agreed a package of cost-cutting measures including the introduction of a revised budget cap of $145 million from next season. The spending cap will come into force from 2021 and was significantly reduced from the original planned figure of $175 million following recent talks between the teams and F1’s stakeholders. Speaking at this week’s FIA eSport Conference, Brawn admitted he feared the championship would have lost manufacturers had a cost cap not been...
Full Story »
Full Story »
You May Also Be Interested In...
F1 feared losing manufacturers without cost cap
Formula 1’s Managing Director of Motorsports Ross Brawn says he feared...
5y ago from MotorsportWeek.com
Steiner: "In good times, F1 shouldn't come back...
One of the most important changes for Formula 1 is the introduction of...
5y ago from GPBlog.com
Racing Point: 'Budgetcap will only have a real impact...
From 2021 there will be a budget cap in Formula 1. From that moment on,...
5y ago from GPBlog.com
'New Formula 1 team postpones debut by one year until...
Ross Brawn indicated on Tuesday that there will be no new engine...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo’s damning verdict: ‘New Yamaha M1...
No description available...
3h ago from Motorsport.com
Pedro Acosta: “Maybe it’s not my place to be”...
No description available...
3h ago from Motorsport.com
Marc Marquez expects ‘even faster’ times from 2027...
Marc Marquez has cast doubt over claims that the new 850cc MotoGP engines...
5h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
1d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
1d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
2d ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC working to secure future of Safari Rally Kenya...
No description available...
1d ago from Motorsport.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
3d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
3d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Report: Newcastle to rival Arsenal in 100m move for...
Arsenal and Manchester City will have to compete with Newcastle United for...
2h ago from CaughtOffside.com
Paul Merson predicts winner of Arsenal vs Manchester...
The Carabao Cup final between Arsenal and Manchester City at Wembley is...
6h ago from SportsKeeda.com
Arsenal and the League Cup- a complex history
Maybe I shouldn’t be typing these words ahead of Sunday but Arsenal and...
6h ago from Arseblog.com
Agent confirms Arsenal interest in attacker with 70...
Pio Esposito’s agent has confirmed that Arsenal are interested in...
7h ago from CaughtOffside.com
Comments
Hottest News
Chaos at Aston Martin explodes as Adrian Newey demoted with...
The move comes amid a difficult start to the 2026... Read More »
3h ago from GrandPrix247.com
Aston Martin 'to appoint former Red Bull F1 chief' as...
Adrian Newey is set to officially step down from... Read More »
4h ago from GPFans.com
Audi respond to sudden F1 speculation amid surprise Aston...
Audi has now issued its own statement as the... Read More »
2h ago from RacingNews365.com
