Just before Easter, the F1 summit came together to discuss lowering the budget ceiling. The F1 teams, Chase Carey and Jean Todt came to a tentative agreement that the intended budget ceiling could be lowered from 175 million to around 150 million. The talks were resumed on Thursday. Because of the COVID-19 pandemic, changes are not only made to the calendar.  For 2021, a budget ceiling of 175 million per team was agreed for all teams. For the F1 and the FIA this amount was still a bit too high at the time. The organization aimed for a ceiling of 130 million. Many teams, especially the large teams like Red Bull Racing, Scuderia Ferrari and Mercedes, did not agree with the 130 million...
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