News Details
‘Ferrari has agreed to reduced cap but…'
Good news for McLaren and others wanting a lower budget cap, Ferrari has reportedly agreed to lowering the cap to $130m…but only in 2023. Formula 1, like the rest of the world, is in the midst of a financial crisis. The 2020 season has yet to get underway after what would have been the season-opening Australian Grand Prix was cancelled two hours before the green flag was expected to be waved for FP1. Teams are losing money by the millions for every grand prix missed, and that list is up to 10 after France cancelled its race. In the immediate aftermath of the Australian cancellation, the F1 team bosses all agreed to run this year's chassis next season and to lower the 2021 budget cap...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
New FIA rule could crush Ferrari budget cap roadblock
A safeguard clause added to the FIA's sporting code could quell Ferrari's...
4y ago from F1i.com
Brown hammers 'in denial' Ferrari over stance on...
McLaren F1 boss Zak Brown has called out Ferrari for its inflexible...
4y ago from F1i.com
McLaren: Ferrari's cap comments don't reflect reality
With Ferrari pushing back on the lowering of the budget cap, Zak Brown...
4y ago from PlanetF1.com
Brown clear: 'The sport can continue without Ferrari'
Zak Brown is not at all happy with the way conversations are currently...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
What Marquez would have to give up to sign for the...
No description available...
31m ago from Motorsport.com
Miller admits ‘really struggling to run the...
Jack Miller admitted that he was 'really struggling to run the pace' on...
1h ago from MotorsportWeek.c...
Le Mans shows other MotoGP races how to succeed
No description available...
5h ago from Motorsport.com
Quartararo ‘happy' to have ‘first...
Yamaha MotoGP rider Fabio Quartararo says that the MotoGP French Grand...
22h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Kanaan only an option for Indy 500 if Larson is forced...
No description available...
17h ago from Motorsport.com
Abel ends Indy 500 entry hopes, cites funding as cause
Abel Motorsports will not be fielding a car in this year’s Indianapolis...
1w ago from MotorsportWeek.c...
American flag livery returns for AJ Foyt Indy 500 entry
AJ Foyt Racing announced Wednesday that it is bringing its popular...
1w ago from MotorsportWeek.c...
Indy 500: Dixon fastest at 229.107mph as weather halts...
No description available...
22h ago from Motorsport.com
Popular On TotalWRC.com
Evans feels “new ideas” are required after WRC...
No description available...
23h ago from Motorsport.com
Neuville stunned by almost “impossible” result in...
No description available...
2d ago from Motorsport.com
Tanak not far from “being in the fight” after...
No description available...
1d ago from Motorsport.com
Ogier: Surpassing Markku Alen’s WRC Portugal record...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Premier League 2023-24: Top 5 midfielders of the season
No description available...
1h ago from SportsKeeda.com
Man United keen on move for in-form 28-year-old who's...
Manchester United are reportedly considering a move for Aston Villa...
1h ago from CaughtOffside.com
Arsenal fan and Aston Villa star Ollie Watkins appears...
No description available...
3h ago from SportsKeeda.com
Three England internationals 'among seven players put...
Arsenal reportedly put seven players up for sale ahead of the summer...
3h ago from SportsMole.co.uk
Comments
Hottest News
Breaking: Albon signs new multi-year F1 contract
Another piece of the driver market puzzle has... Read More »
5h ago from RacingNews365.com
Michael Schumacher's watches fetch millions at Christie’s...
A collection of eight watches belonging to... Read More »
1h ago from F1i.com
Norris bank balance takes HUGE hit after Miami victory
Lando Norris is continuing to revel in his... Read More »
6h ago from GPFans.com
