Formula One is set for heated debate after bosses pushed forward a proposal for a budget cap of £117million for the 2021 season.
The level was agreed upon by FIA president Jean Todt , Formula One chairman Chase Carey and managing director Ross Brawn.
Ferrari have already raised objection to such a budgetary cut – aimed at stopping the smaller teams from being forced to fold – and are likely to voice loud objection to the plan when teams meet later this week, while Mercedes have also been reticent about such a drop.
McLaren boss Zak Brown, who had been pushing for a bigger cost cut, is confident F1 will be ready to race in Austria in July.
He said: “I could see how these first four races can go off in a very tight manner. And then if we can get those off successfully, I think that will build some momentum and confidence. So, I’m quite optimistic that’s a good plan sitting here today.”
.png?w=600)
