6 June 2024
F1 may reduce budget cap number in future - Todt
"I would have preferred a lower number"
![F1 may reduce budget cap number in (…)](IMG/logo/arton140202.jpg?1564301254)
Formula 1 will look to reduce the budget cap figure that will be introduced in 2021.
FIA president Jean Todt admitted at Hockenheim that only Mercedes, Ferrari and Red Bull will be affected by the $175 million figure that excludes costs including driver salaries.
"I would have preferred a lower number," the Frenchman said. "Only three teams will be affected or will have to restrict themselves.
"It would be better to have a limit that gives all the teams the same chance, but that was not possible," Todt added.
"At least now we have a foot in the door. This budget cap is better than none, so maybe in a second step we can reduce the amount."
FIA
24 May 2024
FIA abandons wet-weather F1 ’mudguards’ for now
18 May 2024
F1 not ready to regulate use of AI - Domenicali
17 May 2024
Alonso wants F1 unity to make penalty rules ’simple’
16 May 2024
F1 yet to solve wet-weather visibility problem
More on FIA
Search
Formula 1 news
18 June 2024
Sauber must be ’very careful’ with Audi F1 project
18 June 2024
Russell’s Mercedes seat could be in danger - Schumacher
18 June 2024
Red Bull considering joining flexible front wing trend
18 June 2024
Renault-Alpine may scrap 2026 F1 engine project
18 June 2024