News Details

Mateschitz doubts budget cap

Red Bull owner Dietrich Mateschitz believes Formula One would have a hard time implementing a budget cap. Last year, with Formula One facing yet another year of rising costs, the FIA announced that in 2015 all teams would have to adhere to a budget cap in 2015. However, already several F1 personalities have questioned how it would work with Mateschitz the latest. "To enforce a budget cap you have to clearly state what is included and what not - what about marketing, drivers' salaries etc?" he told Autosport. "And what if you are a manufacturer and can hide several expenses in other budgets?" The Austrian also questioned why, at a time when teams are looking to cut...
Full Story »
12y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

New rules undermine budget cap Mateschitz

Red Bull owner Dietrich Mateschitz believes the new regulations undermine...
12y ago from Crash.net

Mateschitz blames Renault, not team, for Red Bull...

Team owner Dietrich Mateschitz is keeping his calm, despite a nightmarish...
12y ago from GrandPrix.com

Mateschitz expected 'teething problems'

Red Bull owner Dietrich Mateschitz is adamant that losing some key staff...
12y ago from PlanetF1.com

Mateschitz: Australia moment of truth

– Red Bull owner Dietrich Mateschitz has said he is not concerned...
12y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Josef Newgarden did not know Christian Rasmussen...

Josef Newgarden won Sunday night’s thriller at World Wide Technology...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Approach made: Arsenal have big decision to make as...

Arsenal left-back Riccardo Calafiori is reportedly the subject of interest...
26m ago from CaughtOffside.com

Reports: Arsenal close in on double signing to kick...

Arsenal’s summer transfer business could be about to begin with two of...
9h ago from FreshArsenal.com

Arsenal to change transfer plans after approach to...

Premier League juggernauts Arsenal have reportedly stopped their pursuit...
12h ago from SportsKeeda.com

PSG set to lose prized defender as Arsenal weigh up...

Arsenal are reportedly interested in signing the PSG defender Emmanuel...
13h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.