Jean Todt doesn't have "any fears" that Ferrari will use its veto to prevent Formula 1 lowering the budget cap. read more »

Formula 1's governing body has learned from the season's aborted opening event, so that Austria, unlike Australia, would go ahead even amid positive COVID-19 tests. read more »

Scuderia Ferrari's Team Principal, Mattia Binotto, has stated that the team are evaluating a potential entry into the NTT IndyCar Series as a result of Formula 1's... read more »

Ferrari is considering entering IndyCar in 2022 as it reacts to Formula One's plans to introduce a $145 million budget cap. read more »

Ferrari could enter IndyCar as the Scuderia looks at ways to avoid massive job losses in the wake of F1's reduced budget cap. read more »

Christian Horner will not be leaving Red Bull any time soon despite being at odds with the Red Bull bosses over the budget cap. read more »

A budget cap, and how effective it might or might not be, has been a hot topic in Formula 1 for quite some time read more »

Formula 1's teams are expected to vote through the finalised budget cap proposals presented to them by Liberty Media and the FIA this week. read more »

The Formula 1 teams are looking over the latest budget cap proposals before voting on what would be a five-year plan to lower the cap. read more »

Christian Horner is adamant customer cars are the solution to F1's problems as they are cheap and can be competitive. read more »

Magnussen believes the budget caps coming to F1 are Haas' chance to return to their past form. read more »

When Lawrence Stroll bought his F1 team he handed Racing Point a healthy cash injection, but Otmar Szafnauer says it still has the "lowest" budget on the grid. read more »

Claire Williams believes the introduction of a $145million budget cap for Formula 1 is an important step in ensuring "that our businesses are sustainable going into the... read more »

Racing Point team principal Otmar Szafnauer says his team is still the smallest Formula 1 squad by budget and staff size even after Lawrence Stroll's investment in the squad read more »

F1 appears to be coming close to an agreement on its new commercial agreement with new budget cap to be set at $145m read more »

Final budget cap proposal offered to the teams will see the limit gradually reduced from $145m to $135m. read more »

Formula 1 bosses have made a final offer to teams of a sliding scale budget cap reducing from $145m to $130m over the next three years. read more »

Though yet to agree on the figure, Ferrari CEO, Louis Camilleri admits that the budget cap will ensure F1 is sustainable as company reports a "big hit" to revenue. read more »

Formula 1's budget cap will ensure the championship remains sustainable for each team, according to Ferrari, will retaining its status as the premier motorsport category.... read more »

A greatly reduced budget cap for the 2021 season has been agreed upon according to Formula 1’s Ross Brawn. F1 bosses had initially agreed on a $175 million budget cap, but with... read more »

Formula 1 bosses will meet this week to discuss a reduction of the budget cap figure to $145m in 2021. read more »

Formula One has agreed a $145 million budget cap for teams next year and will continue to try and tighten that for future seasons, managing director Ross Brawn said on Monday. read more »

Ross Brawn has confirmed that a $145 million budget cap for 2021 is close to being agreed by Formula 1 teams. read more »

The incoming budget cap will be set at $145 million according to Ross Brawn, a reduction on the original figure of $175 million read more »

Formula 1 boss Ross Brawn says plans for a lower budget cap in 2021 are nearly finalised, adding the main sticking point surrounds how much it's reduced in subsequent seasons read more »