News Details
Liberty proposes $150m budget cap
Following days, weeks, months of speculation, this morning F1's owners, Liberty Media, laid out its blueprint for the future of the sport. Rather than being a meeting, representatives of all ten teams were present as Liberty offered its proposals, the presentation lasting around 75 minutes. At the end of the presentation, the team representatives were each handed a sheet of document which contained further details of the proposals. It's understood that Liberty is intending a $150m budget cap but this would not include driver salaries or key executives or marketing budget. The budget cap would be introduced in two stages for the benefit of the bigger teams which would clearly have to...
Full Story »
Full Story »
8y ago from Pitpass.com
0
You May Also Be Interested In...
Hamilton waiting on Liberty proposals
Lewis Hamilton has ruled out any decision on his own future until Liberty...
8y ago from Pitpass.com
F1 Paddock Notebook - Bahrain GP Thursday
Ahead of what looks set to be an important weekend for Formula 1’s...
8y ago from Crash.net
Formula 1 reveals updated 2021 proposals
Formula 1 chiefs have revealed further proposals for the championship...
8y ago from MotorsportWeek.com
Kimi Raikkonen on 2021 rules: 'I doubt that I’ll be...
Kimi Raikkonen says he's 'not interested' in Liberty Media's...
8y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin “scared” about going into surgery:...
No description available...
11h ago from Motorsport.com
Why KTM's Red Bull Ring advantage is looking...
No description available...
12h ago from Motorsport.com
Can Ducati mount a serious victory challenge at the...
No description available...
10h ago from Motorsport.com
MotoGP plans to introduce two qualifying sessions each...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Abbi Pulling headlines 11-driver Indy NXT test at...
No description available...
1d ago from Motorsport.com
AJ Foyt Racing signs reigning IndyCar Rookie of the...
No description available...
2d ago from Motorsport.com
Foyt signs Dennis Hauger for 2027 IndyCar season
AJ Foyt Racing has announced that it is brining on Dennis Hauger for the...
2d ago from MotorsportWeek.c...
From Värnamo to victory lane: Hometown hero Felix...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Project Rally One unveils 2027 WRC challenger, targets...
No description available...
9h ago from Motorsport.com
“Nothing is guaranteed” for Elfyn Evans as WRC...
No description available...
12h ago from Motorsport.com
WRC News – World Rally BlogPET videos from...
No description available...
10h ago from WorldRallyBlog.c...
Popular On GunnersToday.com
Papers: Mudryk preferred Arsenal before Chelsea move
The top stories and transfer rumours from Saturday's newspapers...
5h ago from SkySports.com
Arteta: Dowman could go out on loan in future
Arsenal manager Mikel Arteta has not ruled out loaning...
6h ago from SkySports.com
Arteta refuses to rule out loan move for Dowman
Arsenal boss Mikel Arteta speaks on the potential loan move for midfield...
6h ago from SkySports.com
Arsenal and Aston Villa monitor £20m-rated midfield...
Arsenal are interested in signing the Austrian midfielder Luca Weinhandl...
10h ago from CaughtOffside.com
Comments
Hottest News
Nico Rosberg reveals the Lance Stroll problem Aston Martin...
Nico Rosberg has identified an issue Aston Martin... Read More »
8h ago from GPFans.com
Heartbreaking Instagram post reveals death of F1 star's...
A member of F1 star Alex Albon's famous menagerie... Read More »
8h ago from GPFans.com
Lewis Hamilton receives major F1 title boost from Ferrari...
Ferrari chief Fred Vasseur has offered a small... Read More »
10h ago from GPFans.com
