Ahead of the anticipated economic impact of the pandemic and the reduced revenue for F1 through 2020, the series' stakeholders held talks about making racing more sustainable in the future in recent months.
It resulted in an agreement to reduce the planned budget cap from $175 million per season to $145 million, which will come into force from 2021.
Speaking in the latest part of the ...Keep reading
Read more: F1 would have lost manufacturers without cost cap - Brawn - Motorsport.com
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