News Details

Teams warned on 'stockpiling'

With the budget cap due to be introduced next year, and teams likely to seek out various forms of creative accounting in a bid to circumvent the rules, the FIA has warned them not to attempt stockpiling. From 2021, the world championship might not be decided on track but on the balance sheet as the much-anticipated $145m budget cap comes into effect. There is already fierce speculation as to how the teams will seek to get around the strict limits, and just like their technical counterparts, the various financial departments will be pushing the envelope wherever possible. One potential avenue is stockpiling, whereby, with the rules essentially unchanged next season, teams start buying in...
Full Story »
3y ago from Pitpass.com 0
Share

You May Also Be Interested In...

F1 teams warned against exploiting loophole

F1 teams have been warned against ‘stockpiling' loophole The FIA...
3y ago from SpeedCafe.com

Brown: The FIA are on top of what you can and can't do

Formula 1 teams have been warned by the governing FIA not to subvert a...
3y ago from GrandPrix247.com

Gasly warned ‘one win doesn't make a career'

Max Verstappen has warned F1’s newest winner Pierre Gasly: “You’re...
3y ago from PlanetF1.com

Mercedes: Engine mode change has hurt racing

The FIA’s new Technical Directive regarding power unit usage has made...
3y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Martin "doesn't have anything to...

No description available...
4h ago from Motorsport.com

Martin beats Marc Marquez and Bagnaia in French GP...

Jorge Martin was triumphant in a thrilling battle with Marc Marquez and...

Popular On IndyCarToday.com

Abel ends Indy 500 entry hopes, cites funding as cause

Abel Motorsports will not be fielding a car in this year’s Indianapolis...

Lundgaard explains ‘bold’ tire strategy that led...

Christian Lundgaard earned the third podium of his IndyCar career on...

American flag livery returns for AJ Foyt Indy 500 entry

AJ Foyt Racing announced Wednesday that it is bringing its popular...

Herta labels Ericsson’s first lap move as ‘so...

Colton Herta was the biggest mover of the recent IndyCar race from the...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal 'identify three priorities for summer transfer...

Arsenal reportedly plan to prioritise the signing of a new defender,...
57m ago from SportsMole.co.uk

Video: Mikel Arteta reacts to Arsenal's win over...

Mikel Arteta described Arsenal's win against Manchester United as 'high...
37m ago from CaughtOffside.com

Rooney: Some 'injured' Man Utd players are fit enough...

Wayne Rooney believes some of Manchester United's injured players are...
57m ago from SkySports.com

'Destiny is in our hands' | How Man City could win...

Manchester City boss Pep Guardiola hailed his side's "destiny"...
47m ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.