Motorsport Week
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
Motorsport Week
Home Single Seater Formula 1

F1 feared losing manufacturers without cost cap

by Phillip Horton
5 years ago
A A
0
F1 feared losing manufacturers without cost cap
Share on FacebookShare on Twitter

Formula 1’s Managing Director of Motorsports Ross Brawn says he feared the championship would have lost manufacturers had a budget cap not been introduced.

Formula 1 stakeholders agreed last October to introduce an annual cost cap of $175m – excluding some aspects such as driver salaries, marketing and engine costs – from 2021.

The coronavirus pandemic prompted a re-think and the cap has been revised to $145m, lowering to $140m in 2022, and $135m from 2023.

Brawn believes that putting a definitive figure on a spending limit provides greater clarity long-term for the championship’s manufacturers.

RelatedPosts

Williams has acknowledged a deep-rooted floor with the team's 2025 car

The deep-rooted 2025 F1 car flaw that Williams is ‘behind the curve’ on rectifying

6 minutes ago
Carlos Sainz lost his Ferrari seat to Lewis Hamilton

Carlos Sainz battled ‘demons’ to avoid acrimonious Ferrari exit

30 minutes ago

“Before this [pandemic] ever happened we said that if we ever have a crisis in the future we can adjust the budget cap to take account and all accept that the ideal level of the equilibrium changes,” Brawn said at this week’s FIA eConference.

“Without the ability for these teams to go back to their boards and go back to the manufacturers saying ‘Look, F1 is vital, it’s important, and it’s going to cost less in the future’, I don’t think we would have retained the number of manufacturers or big teams that we have.”

Formula 1 has already announced a revised partial schedule for 2020, taking in eight races in Europe across July, August and early September, and intends to wrap up the campaign in Bahrain and Abu Dhabi in December.

Brawn added that Formula 1’s early awareness that it had to be flexible assisted its prospects in getting the delayed 2020 campaign up and running.

“The situation is different throughout the world and I think the fact that we were prepared to accept closed races in the early part of the season gave us more opportunity,” he said.

“That’s not totally ideal for any sport because the fans are such a crucial part of it.

“Approaching closed events gave us the bulk of the European season. We can adjust that as we progress and understand where we are with this pandemic.”

Formula 1 is understood to be planning further rounds in Europe after the Italian Grand Prix in early September, with Mugello and Portimao the primary contenders, and Imola and Hockenheim also on the list.

The majority of the remaining non-Middle East flyaways are due to be abandoned but Formula 1 is holding out hope of scheduling the finally-lucrative rounds in Russia and China, potentially with two races at the respective venues.

Tags: CoronavirusF1FIA
Share214Tweet125Share

Related Posts

Williams has acknowledged a deep-rooted floor with the team's 2025 car
Formula 1

The deep-rooted 2025 F1 car flaw that Williams is ‘behind the curve’ on rectifying

6 minutes ago
Carlos Sainz lost his Ferrari seat to Lewis Hamilton
Formula 1

Carlos Sainz battled ‘demons’ to avoid acrimonious Ferrari exit

30 minutes ago
Pierre Gasly has admitted something isn't right with the second Red Bull seat
Formula 1

Pierre Gasly admits something ‘doesn’t seem right’ with Red Bull second seat woe

2 hours ago
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Upcoming Races

#EventDate
13Belgian GP25-27 July
14Hungarian GP01-03 August
15Dutch GP29-31 August
16Italian GP05-07 September
17Azerbaijan GP19-21 September

Click here for the full 2025 F1 calendar

Drivers’  Standings

#DriverPts
Oscar Piastri234
Lando Norris226
Max Verstappen165
George Russell147
Charles Leclerc120
Lewis Hamilton103
Andrea Kimi Antonelli63
Alexander Albon44
Nico Hulkenberg37
Isack Hadjar28

Click here for full Drivers’ Standings

Latest Articles

Williams has acknowledged a deep-rooted floor with the team's 2025 car
Formula 1

The deep-rooted 2025 F1 car flaw that Williams is ‘behind the curve’ on rectifying

July 13, 2025
Carlos Sainz lost his Ferrari seat to Lewis Hamilton
Formula 1

Carlos Sainz battled ‘demons’ to avoid acrimonious Ferrari exit

July 13, 2025
Pierre Gasly has admitted something isn't right with the second Red Bull seat
Formula 1

Pierre Gasly admits something ‘doesn’t seem right’ with Red Bull second seat woe

July 13, 2025

Follow Motorsport Week

Join our daily motorsport newsletter

* indicates required

Motorsport Week

© 2024 Motorsport Media Services Ltd

Other Links

  • About & Contact
  • Privacy Policy
  • Motorsport Monday

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Home
  • Formula 1
    • Latest News
    • 2025 F1 Calendar
    • 2025 F1 Championship Standings
  • Formula E
    • Latest News
    • 2025 FE Calendar
    • 2025 FE Championship Standings
  • MotoGP
    • Latest News
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
    • World Superbikes
  • WRC
    • Latest News
    • 2025 WRC Calendar
    • 2025 WRC Standings
  • IndyCar
    • Latest News
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WEC
    • Latest News
    • 2025 WEC Calendar
  • Live Updates
  • Other
    • IMSA
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
  • Galleries
  • About/Contact
  • Privacy Policy

© 2024 Motorsport Media Services Ltd