News Details
Liberty Media outline latest F1 budget cap proposal
A budget cap has been a source of controversy in Formula One for a long time however that hasn't stopped Liberty Media with attempting to introduce one in the near future. According to sources in Germany and Italy, in a recent Strategy Group meeting, Liberty Media unveiled their latest plans for a potential cap. Published stories in La Gazzetta dello Sport and Auto Motor und Sport in Italy and Germany respectively reveal that an initial cap has been proposed with the intention of bringing down the extortionate costs of competing in Formula One currently. A $185 million cap has been suggested and would be introduced in 2021. Whilst the initial cap is a substantial curb of spending if...
Full Story »
Full Story »
7y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 are growing their audience
Formula 1 have been successful in reaching a bigger audience with more...
7y ago from GPBlog.com
Liberty continues push for budget cap
Jan.22 The proposed budget cap remained a hot topic of conversation at...
7y ago from OneStopStrategy.com
Formula 1 reports 'significant' year-on-year TV and...
Formula 1 has released statistics to outline that it enjoyed a...
7y ago from MotorsportWeek.com
Dutch Grand Prix deal closing in: Assen gets financial...
Even though the Formula 1 was seemingly closing in on Zandvoort to host a...
7y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta on leaving KTM for Ducati: “I have no...
No description available...
1d ago from Motorsport.com
Jorge Lorenzo: Marc Marquez would have 13 MotoGP...
Five-time world champion Jorge Lorenzo believes Marc Marquez would have...
1d ago from MotorsportWeek.c...
How much do MotoGP tyres cost and who pays for them?
No description available...
2d ago from Motorsport.com
Yamaha picks experienced David Munoz to oversee Jorge...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Road to 2027: Inside Dreyer & Reinbold Racing’s...
No description available...
2d ago from Motorsport.com
IndyCar, NASCAR Trucks returning to St. Pete Grand...
No description available...
2d ago from Motorsport.com
Dreyer and Reinbold purchases Rahal entry in first...
Dreyer and Reinbold Racing has announced that it has purchased one...
3d ago from MotorsportWeek.c...
Dreyer & Reinbold Racing to return full-time to...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Thierry Neuville and Adrien Fourmaux unclear on WRC...
No description available...
2d ago from Motorsport.com
Prodrive in talks with multiple manufacturers after...
No description available...
3d ago from Motorsport.com
ERC fans set for new-look Rally Poland with local...
The event has undergone a significant transformation for 2025, switching...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Huge bid rejected and what it means for the Vinicius...
Real Madrid have reportedly had a big bid rejected by RB Leipzig for the...
37m ago from CaughtOffside.com
Fabrizio Romano: Arsenal 'ready to go strong' for...
Fabrizio Romano has reported again on Arsenal's interest in the transfer...
17m ago from CaughtOffside.com
Manchester United walk away from a £70m transfer,...
Bournemouth midfielder Alex Scott has been linked with a move away from...
9h ago from CaughtOffside.com
Liverpool and Arsenal join four-way race to sign 60...
Oskar Pietuszewski has been linked with a move away from Porto in recent...
9h ago from CaughtOffside.com
Comments
Hottest News
How do Aston Martin and their rivals rate the...
Aston Martin finally showed encouraging signs of... Read More »
37m ago from F1Technical.net
Belgian Grand Prix Saturday: Formula 1 Teams & Drivers...
Formula 1 teams and their drivers report from... Read More »
57m ago from GrandPrix247.com
Audi F1 driver announces future as Carlos Sainz's Williams...
Audi F1 star Gabriel Bortoleto has said that he... Read More »
1h ago from GPFans.com
