News Details
Teams to undergo budget cap 'dry run' in 2020
Aug.12 Formula 1 will carry out a "dry run" of the new budget cap rules next year, CEO Chase Carey has revealed. Actually, the $175 million per team annual budget cap will only be enforced from 2021, but Carey says the teams are supportive of its implementation. "Some teams had concerns or issues going on but they are increasingly supportive," he said. One of the biggest concerns is that the budget cap will be difficult to police, especially as the structures of some of the bigger teams in particular are highly complex. "We wouldn't have done it if we didn't think it was enforceable," Liberty Media's Carey said. "In 2020, all the teams will participate...
Full Story »
Full Story »
4y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Carey: There would be no F1 budget cap if is wasn't...
Formula 1 will carry out a 'dry run' of the new budget cap rules next...
4y ago from GrandPrix247.com
Carey confirms budget cap 'dry run' for teams in 2020
Formula 1 CEO Chase Carey has confirmed that the spending of all ten F1...
4y ago from F1i.com
Next F1 season will be used as a test for the budget...
One of the biggest talking points outside of car design is the budget...
4y ago from GPBlog.com
Carey wants more
At a time there is speculation over Toto Wolff succeeding Chase Carey as...
4y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha to test completely new MotoGP bike at Jerez
No description available...
3h ago from Motorsport.com
Raul Fernandez set to get 2024 Aprilia MotoGP bike at...
No description available...
7h ago from Motorsport.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
1d ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
5h ago from MotorsportWeek.c...
Penske's Newgarden loses St. Pete IndyCar race win...
No description available...
5h ago from Motorsport.com
Power “didn't have any defense” against Dixon due...
No description available...
22h ago from Motorsport.com
Brake issues hinder Rosenqvist’s chances for victory...
No description available...
22h ago from Motorsport.com
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
8h ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
6h ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Chelsea could face backlash from squad if they sack...
No description available...
38m ago from SportsKeeda.com
'No one knows what's going on in his life' –...
Ben White's agent has hit back at critics of the Arsenal star claiming 'no...
1h ago from CaughtOffside.com
Arsenal slap £25m price tag on 30-year-old star as...
No description available...
2h ago from SportsKeeda.com
'He was the best player on the pitch' - Former Chelsea...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
IndyCar: McLaren’s O’Ward handed St. Pete win after...
Arrow McLaren SP driver Pato O’Ward has been... Read More »
3h ago from F1i.com
How the Andretti F1 bid is being aided by Toyota
Despite its initial rejection, Andretti is still... Read More »
5h ago from RacingNews365.com
Schumacher reveals what F1 pundits are NOT allowed to say...
F1 veteran Ralf Schumacher has offered a blunt... Read More »
11h ago from GPFans.com