News Details
Liberty Media outline latest F1 budget cap proposal
A budget cap has been a source of controversy in Formula One for a long time however that hasn't stopped Liberty Media with attempting to introduce one in the near future. According to sources in Germany and Italy, in a recent Strategy Group meeting, Liberty Media unveiled their latest plans for a potential cap. Published stories in La Gazzetta dello Sport and Auto Motor und Sport in Italy and Germany respectively reveal that an initial cap has been proposed with the intention of bringing down the extortionate costs of competing in Formula One currently. A $185 million cap has been suggested and would be introduced in 2021. Whilst the initial cap is a substantial curb of spending if...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Formula 1 are growing their audience
Formula 1 have been successful in reaching a bigger audience with more...
5y ago from GPBlog.com
Liberty continues push for budget cap
Jan.22 The proposed budget cap remained a hot topic of conversation at...
5y ago from OneStopStrategy.com
Formula 1 reports 'significant' year-on-year TV and...
Formula 1 has released statistics to outline that it enjoyed a...
5y ago from MotorsportWeek.com
Dutch Grand Prix deal closing in: Assen gets financial...
Even though the Formula 1 was seemingly closing in on Zandvoort to host a...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
The weekly reality check that has kept MotoGP hype off...
No description available...
3h ago from Motorsport.com
Pedrosa says 'unexpected' MotoGP return pushed by...
No description available...
9h ago from Motorsport.com
Quartararo: Yamaha MotoGP satellite team "must be...
No description available...
9h ago from Motorsport.com
Yamaha to bring brand new MotoGP bike at Jerez test
Fabio Quartararo and Alex Rins are set to test ride a brand-new Yamaha M1...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
The plot twist that gave Arrow McLaren’s Ward his...
No description available...
2h ago from Motorsport.com
Luca Ghiotto to make IndyCar debut with Dale Coyne...
No description available...
4h ago from Motorsport.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
18h ago from MotorsportWeek.c...
McLaughlin issues statement following St. Pete...
No description available...
18h ago from Motorsport.com
Popular On TotalWRC.com
WRC looking to add F1-style team radio to TV broadcasts
No description available...
2h ago from Motorsport.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
1d ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
1d ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 'considering alternative midfield signings...
Arsenal are reportedly considering alternative midfielders amid doubts...
55m ago from SportsMole.co.uk
'Always the game everyone looks forward to' - Gabby...
No description available...
1h ago from SportsKeeda.com
'Odegaard and Saka are very good players, but they...
No description available...
3h ago from SportsKeeda.com
Gary Neville hails Arsenal star as best midfielder 'in...
Gary Neville believes Martin Odegaard is the best midfielder 'in his...
1h ago from CaughtOffside.com
Comments
Hottest News
'Verstappen and Red Bull to continue without Newey in 2025,...
Adrian Newey is expected to announce his... Read More »
6h ago from GPBlog.com
Newey Red Bull exit wish CONFIRMED as F1 guru's reasons...
Red Bull chief designer and legendary Formula 1... Read More »
1h ago from GPFans.com
Audi agree LONG-TERM F1 deal with star driver
Audi have agreed a long-term deal for the first... Read More »
13h ago from GPFans.com
