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FIA present F1 teams with final budget-cap numbers of $175m annually

The FIA have presented Formula 1 teams with their final budget-cap of $175m between 2021 and 2025, with the sport's regulation changes coming into fruition. Finally, it looks as if the regulation changes for the 2021 season have FINALLY been decided. According to Auto Motor und Sport, F1 teams will only be allowed to spend $175 million between the seasons of 2021-2025. The plan was concluded on Tuesday earlier this week, something that had been on the minds of team bosses for a substantial amount of time now. Over 14 months, to be precise. From the third year (2024), an inflation supercharge will be introduced to the plan. Mercedes team principal Toto Wolff had this to say on the...
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