News Details

Brown: $100m cap demand was a tactic

Zak Brown led the charge for F1's budget cap to be slashed to $100m but says that was merely a tactic to get a lower cap. Last year the Formula 1 teams agreed to introduce a budget cap of $175 million in 2021. However, with the start of this year's championship delayed by more than three months, teams haemorrhaged money and entered talks to lower the cap. While F1's big teams initially agreed to $150m, some teams – led by McLaren – pushed for $100m. The teams eventually compromised on $145m for 2021 which will fall to $130m by 2023. Brown explained to Auto Motor und Sport: 'It is a common tactic to make higher demands to get what is acceptable in the end. 'I think we met in the...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Brown: "Red Bull Racing big winner of the budget...

Due to the coronavirus, Formula 1 has been at a standstill for a number...
5y ago from GPBlog.com

Vasseur: Budget cap easier for small teams to deal with

Alfa Romeo team principal Fred Vasseur believes the budget cap will be...
5y ago from GrandPrix247.com

Brown: The sport wins if fans win with new rules

Formula 1's new balancing measures from 2021 onwards are a win for all...
5y ago from GrandPrix247.com

Zak Brown Believes Ricciardo can Win World...

McLaren Racing CEO Zak Brown says that incoming driver Daniel Ricciardo...

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

WRC Rally Scotland brings top tier rallying back to...

The 2027 WRC calendar should have an exciting new event on the calendar:...

Popular On GunnersToday.com

Premier League officials appear to confirm Arsenal...

Premier League officials have admitted that Arsenal benefited from two key...
5h ago from SportsKeeda.com

Arsenal plot £69m move for 10-goal ace to replace...

Arsenal are interested in signing the AC Milan attacker Raphael Leao at...
6h ago from CaughtOffside.com

Mikel Arteta targets 50m+ La Liga star to supercharge...

Mikel Arteta's Arsenal are keen on acquiring the services of Real Madrid...
7h ago from CaughtOffside.com

Arsenal, Chelsea, and Newcastle eye 70m move for...

Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
8h ago from CaughtOffside.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.