News Details
Mercedes calls proposed $150m cost cap 'much too low'
Mercedes has responded to Liberty Media and the FIA's plans to implement a cost cap for the 2021 season and beyond as 'much too low' and 'not achievable' for the larger teams. Liberty presented a five-point plan for Formula 1's future to the teams in Bahrain on Friday. Among the proposals listed was a budget cap and although the exact amount hasn't been confirmed, it's rumoured to be around $150 million (£105m) – less than half of what some of the leading teams currently spend. Mercedes' chief Toto Wolff described the meeting as 'positive', but highlighted the budget cap as an area where the teams will need further discussions and will likely force a...
Full Story »
Full Story »
7y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Formula 1 unveils blueprint for the future
Today during a meeting of the sport's stakeholders held at the Bahrain...
7y ago from GrandPrix247.com
Brawn: I am offended when accused of dumbing down F1
Ross Brawn has hit out at suggestions that Liberty Media are dumbing down...
7y ago from GrandPrix247.com
Mercedes announce new deal with Thomas Cook Sport
Mercedes AMG Petronas Motorsport have announced a deal with one of the...
7y ago from TheCheckeredFlag....
Ross Brawn 'offended' by Sergio Marchionne's comments...
Ross Brawn, Formula 1's managing director of motorsport feels...
7y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu admits MotoGP adaptation...
Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...
36m ago from MotorsportWeek.c...
2027 MotoGP bikes may not be slower at half the...
No description available...
1h ago from Motorsport.com
VR46 approached by Aprilia for 2027 but new Ducati...
No description available...
23h ago from Motorsport.com
Jerez hosts three days of private MotoGP testing with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from an action-packed IndyCar race...
No description available...
18h ago from Motorsport.com
IndyCar reveals track design for Washington D.C. event
IndyCar has revealed the track design for the newly-added event in...
1d ago from MotorsportWeek.c...
Washington D.C. IndyCar track layout and event logo...
No description available...
1d ago from Motorsport.com
David Malukas’ Penske poise earns accolades from...
After just two races with Team Penske under his belt, David Malukas is...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Toyota tips Hyundai to fight back in WRC 2026
No description available...
19h ago from Motorsport.com
Hyundai's WRC upgrade plan to close the gap to Toyota
No description available...
1d ago from Motorsport.com
Why Hyundai WRC team is "working at 120 per...
No description available...
5d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'He's out' – Arteta confirms key Arsenal star...
Arsenal’s quest for a maiden European crown faces a significant hurdle...
1h ago from CaughtOffside.com
U-turn: Report reveals surprise outcome of recent...
Arsenal may reportedly have cooled their interest in the potential...
4h ago from CaughtOffside.com
The big boys are back for Leverkusen trip
Morning all. We're in Champions League action this evening, taking on...
3h ago from Arseblog.com
Thierry Henry believes Arsenal and one other team are...
Arsenal legend Thierry Henry has ruled out Barcelona as top favourites for...
5h ago from SportsKeeda.com
Comments
Hottest News
Toto Wolff responds to McLaren's Mercedes complaint and...
Toto Wolff has hit back at its F1 rivals who rely... Read More »
2h ago from GPFans.com
George Russell delivers surprise 'underachieved' Mercedes...
George Russell believes the Australian Grand Prix... Read More »
46m ago from RacingNews365.com
Max Verstappen says tyre degradation, deployment a concern...
Max Verstappen finished the season-opening... Read More »
1h ago from GrandPrix247.com
