Motor racing: F1 agrees US$145 million cap for teams in 2021, says Brawn

May 04, 2020 11:06 PMLONDON (REUTERS) - Formula One has agreed a US$145 million (US$205.5 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 (May 4).