A major driving force in their introduction, McLaren is the first team to react to today's confirmation of the 2021 regulations. 'Formula 1 wins today,' said Zak Brown. 'This is a crucially important moment for our sport. F1 has been financially unsustainable for some time, and inaction would have risked the future of F1 and its participants, who are to be commended for resolving this issue collectively and determinedly. 'A uniform budget cap, in concert with more even distribution of revenue among the teams, will ensure greater competition and more people wanting to watch live and on TV, driving more sustained revenues to underpin the long-term financial health of the teams and the sport....
Full Story »