News Details
Plans to make F1 'more competitive' from 2021
Formula 1 faces a pivotal meeting on Tuesday as bosses present their plans to the teams for the future of the sport from 2021. Owners Liberty Media and governing body the FIA are to introduce a budget cap and restructure revenue distribution to try and make F1 more competitive. The agenda for the meeting has been sent to teams without specific details. The package is the result of 12 months of talks after Liberty first presented its hopes for F1's future last April. The meeting will discuss: Cap on teams' annual budgets, starting in either 2020 or 2021 at a figure above $200m (£151m) a year and reducing to below $150m (£114m) within three or four years Revised revenue...
Full Story »
Full Story »
You May Also Be Interested In...
Zak Brown looks at 2021 rule changes as questions over...
Zak Brown has admitted that McLaren could be forced to leave Formula 1 in...
7y ago from GPBlog.com
Wolff optimistic about 2021 regulation talks
Mercedes boss Toto Wolff believes that “momentum” is growing for...
7y ago from GPFans.com
Wolff still opposed to Liberty's budget cap plans
Mercedes team principal Toto Wolff has renewed the Silver Arrows'...
7y ago from GPFans.com
Steiner: Teams need clarity on 2021 regulation changes
Haas F1 boss Guenther Steiner has said the Formula 1 teams need clarity...
7y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Only four riders on the current grid have yet to win a...
No description available...
16h ago from Motorsport.com
Explained: the error that led to Fabio Quartararo’s...
No description available...
1d ago from Motorsport.com
MotoGP's tightest title race in years: What...
The numbers back that up. According to Crash.net's post-race breakdown,...
2d ago from MotorsportWeek.c...
How to fix small paint chips like a motorsport mechanic
The good news is that most everyday chips can be stabilised and blended...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou crashes in Markham qualifying after rare...
No description available...
2h ago from Motorsport.com
Foster drove “with a bit of rage” in Fast Six en...
No description available...
1h ago from Motorsport.com
IndyCar Markham starting lineup: Louis Foster storms...
No description available...
2h ago from Motorsport.com
Louis Foster speeds to IndyCar pole in messy...
The NTT IndyCar Series held a knockout qualifying session on the brand...
3h ago from MotorsportWeek.c...
Popular On TotalWRC.com
What to expect from WRC Rally Scotland after FIA test...
No description available...
5d ago from Motorsport.com
Thierry Neuville claims WRC Rally Finland was...
No description available...
1w ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Community Shield offers insight into Arsenal’s...
bley curtain-raiser can offer clues but it is no reliable pointer to a...
5h ago from TheGuardian.com
Galatasaray president tells inner circle what he plans...
Galatasaray president Dursun Ozbek has reportedly told his inner circle...
13h ago from SportsKeeda.com
Liverpool legend Robbie Fowler predicts who will win...
Liverpool legend Robbie Fowler has predicted Arsenal to win the Premier...
12h ago from SportsKeeda.com
Liverpool star informs club that he wants to join...
Liverpool attacker Cody Gakpo has reportedly informed the club's hierarchy...
13h ago from SportsKeeda.com
Comments
Hottest News
Max Verstappen Red Bull bond is 'broken' as Carlos Sainz...
Former F1 driver turned pundit Ralf Schumacher... Read More »
6h ago from GPFans.com
'What a horror!' - Pictures of new F1 track emerge and fans...
The first Spanish Grand Prix set to be held at... Read More »
10h ago from GPFans.com
Axed F1 team boss on running for FIA president
Former Haas F1 chief Guenther Steiner has laughed... Read More »
7h ago from GPFans.com
