News Details
Mercedes upped budget to succeed in F1 admits Lauda
Niki Lauda with Paddy Lowe Niki Lauda has admitted Mercedes have upped its Formula 1 budget in the quest to chase down the sport's top teams.
As the German marque looks set to dominate the 2014 season with a superior ‘power unit' for the new era, paddock reports indicate Mercedes might have spent a staggering 500 million on the development of its turbo V6.
The German newspaper Welt said that figure is wildly wide of the mark, but team chairman Niki Lauda admits Mercedes did make a decision to spend more.
'The budget under the dictate of the RRA (voluntary resource restriction agreement) was the first major stumbling block,' said the great Austrian, 'because in practice it was not...
Full Story »
Full Story »
11y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lauda denies big money has led to Mercedes dominance...
Lauda denies big money has led to Mercedes dominance early in the V6...
11y ago from GrandPrix247.com
Lauda denies money powered Mercedes dominance
Niki Lauda has dismissed claims Mercedes is set to dominate the 2014...
11y ago from GrandPrix.com
Lauda denies Mercedes spent more than rivals
Mercedes chairman Niki Lauda has denied the German manufacturer invested...
11y ago from TheF1Times.com
Lauda says money non-factor in Mercedes engine...
March 12th, 2014 .- Niki Lauda has dismissed claims Mercedes is set to...
11y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Dutch GP: Fabio Quartararo takes fourth pole in...
No description available...
1h ago from Motorsport.com
Jorge Martin 'free to sign with anyone' in MotoGP,...
No description available...
3h ago from Motorsport.com
Fabio Quartararo fastest in final Assen MotoGP practice
Fabio Quartararo leads the way after posting the fastest time in the...
3h ago from MotorsportWeek.c...
Fabio Quartararo secures impressive pole in Assen...
Yamaha rider Fabio Quartararo set the fastest time to secure an...
2h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
18h ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
1d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
3d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Ott Tanak extends lead as Adrien...
No description available...
2h ago from Motorsport.com
Extreme heat at the Acropolis Rally just pushed WRC...
No description available...
13h ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak heads Hyundai 1-2 as...
No description available...
18h ago from Motorsport.com
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'It happened more than once!' - Arsenal legend Martin...
Arsenal legend Martin Keown snubbed Portuguese superstar Cristiano Ronaldo...
1h ago from SportsKeeda.com
Premier League club initiate contact to sign...
Sunderland are eyeing a move for former Arsenal midfielder Matteo...
1h ago from SportsKeeda.com
Arsenal handed boost in chase for key target as club...
Arsenal have reportedly been handed a boost in their pursuit of RB Leipzig...
1h ago from SportsKeeda.com
Arsenal ready to fight after seeing first bid rejected...
Arsenal are determined to secure the services of Cristhian Mosquera this...
2h ago from SportsKeeda.com
Comments
Hottest News
LIVE: 2025 F1 Austrian Grand Prix - Free Practice 3
Follow along with live coverage of Free Practice... Read More »
2h ago from RacingNews365.com
F1 2025 Austrian Grand Prix – FP3 Results
McLaren's Lando Norris posted the quickest time... Read More »
25m ago from MotorsportWeek.com
Toto Wolff: FIA planning revised fines to...
Mercedes boss Toto Wolff has said that the FIA... Read More »
1h ago from MotorsportWeek.com