F1 teams approve radical rule, budget changes

Following weeks of discussions between teams, the FIA and F1 bosses about potential changes aimed at cutting costs and improving the show, the ‘New Deal’ proposals were put to a team e-vote on Friday.
Multiple sources have confirmed that teams supported the changes, which included F1’s budget cap being cut from $175 million to $145 million next year and other rules including an aero ...Keep reading