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F1 budget cap reduced to $145M in 2021, with further cuts to come

May 28, 2020May 28, 2020 Self Drive CarsSelf Drive Cars

Motorsports’ organizing body, the FIA, agreed Wednesday on a number of changes to Formula One affecting the series’ next three seasons. Key among them is a further reduction in the budget cap to $ 145 million for the 2021 season,…

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