Tuesday, August 04, 2009

Formula One: The legal status of Formula One's proposed budget cap

Formula One has proposed a cap of £40 million on team budgets from 2010, a move initially opposed by its teams. Elizabeth Mehdevy, a Partner with Field Seymour Parkes, examines the economic reasons for the cap, the damage that the threat of a breakaway series has already done to the sport and whether the Fédération Internationale de l'Automobile could ban drivers from competing in any rival series, should it be launched.
The full version of this article appears in the August edition of World Sports Law Report.

 


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