F1’s cap on spending ratified

Spending by Formula One teams will be capped at $145 million in 2021 with a subsequent limit of $135 million by 2023, as governing body FIA’s World Motor Sports Council ratified the amendments to F1’s rules.

“A major step forward for @F1 and motor sport’s sustainability. Thanks to all@fia, @F1 and the teams ,” tweeted FIA president Jean Todt.

Our code of editorial values

Related Topics
This article is closed for comments.
Please Email the Editor

Printable version | Sep 26, 2021 4:31:49 PM |

Next Story