F1’s budget cap may force Renault to increase spending

F1 teams and the FIA have agreed for a £175 million spending cap – with certain exclusions like travel and driver salaries – to come into force for 2021.

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Formula 1 set for $175m cost cap in 2021

The level is higher than a number of smaller teams had hoped for, and Renault in particular says it is actually having to evaluate whether or not it will need to ...Keep reading