COVID impact «opened the eyes» of Formula 1 teams - Tost
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Following initial plans to introduce a $175 million cost cap for the 2021 season, F1 teams agreed to reduce the figure to $145 million from this year after the pandemic caused last year's calendar to be heavily altered.The move came as teams braced for a signCOVID impact «opened the eyes» of Formula 1 teams - Tost
Following initial plans to introduce a $175 million cost cap for the 2021 season, F1 teams agreed to reduce the figure to $145 million from this year after the pandemic caused last year's calendar to be heavily altered.The move came as teams braced for a significant fall in prize money payouts from F1 as a result of the reduced revenue from track hosting fees.The decision was also taken to ...Keep reading Read more