Arguing for weeks over $5 million, Bernie Ecclestone feels budget cap battle has been 'complete rubbish'. Last week Formula 1 finally announced that the 10 teams had reached an agreement on the 2021 budget cap. The deal, which saw the cap reduced to $145 million for 2021 before falling to $130m over the following two years, has been ratified by the World Motor Sport Council. It took the team's almost two months to agree to the reduction even though it is only $5m short of their initial agreement, decided as the financial crisis hit, to drop the cap to $150m. 'It's been complete rubbish,' said Ecclestone to the Standard. 'They were messing about over $5 million, which is a tiny percentage...
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