News Details
Wolff adamant $150M budget 'not achievable' for big teams
Mercedes' Toto Wolff expressed his doubts over Formula 1's ability to impose a $150M budget cap on teams, believing the figure is simply too low for the sport's top outfits. Yesterday in Bahrain, Formula 1's executives presented teams with a series of strategic initiatives that represent their vision of the future. Reducing the level of spending in the sport is a major focus for commercial rights holder Liberty Media as it aims to level the playing field and attract new competitors. While the concept of a budget cap has been discussed, no specific level has been officially confirmed, but the $150M figure is widely cited as the targeted threshold. "That number needs to be seen in...
Full Story »
Full Story »
You May Also Be Interested In...
Liberty proposes $150m budget cap
Following days, weeks, months of speculation, this morning F1's owners,...
7y ago from Pitpass.com
Mercedes calls proposed $150m cost cap 'much too low'
Mercedes has responded to Liberty Media and the FIA's plans to...
7y ago from MotorsportWeek.com
‘Different winners’ in 2018 says Mercedes boss...
Even though Lewis Hamilton set what some have said was the lap of his...
7y ago from MotorsportWeek.com
Wolff admits Mercedes 'made mistakes' in Melbourne
Mercedes principal Toto Wolff has admitted that the team made errors in...
7y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin on Aprilia's Brazil GP chances: 'We are a...
No description available...
53m ago from Motorsport.com
Why Marc Marquez is still not at 2025 MotoGP level...
No description available...
2h ago from Motorsport.com
Fabio Quartararo explains how he pulled off Brazilian...
No description available...
4h ago from Motorsport.com
MotoGP Brazilian GP: Marc Marquez scores comeback win...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
14h ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
4d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
4d ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta breaks down in tears after...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'An iconic team' – Arsenal star drops major...
Arsenal defender Riccardo Calafiori has made it clear how happy he is with...
23m ago from CaughtOffside.com
Arsenal intensify search for new right-back as Arteta...
Arsenal are preparing for a potentially significant defensive reshuffle...
1h ago from CaughtOffside.com
Arsenal and Chelsea representatives watch Champions...
Interest in Julián Álvarez continues to intensify following another...
2h ago from CaughtOffside.com
Carabao Cup final preview: A chance for silverware and...
Morning all, it's Carabao Cup final day. It's our first final since the FA...
5h ago from Arseblog.com
Comments
Hottest News
Mercedes release official statement after disqualification...
Mercedes have released a statement after being... Read More »
3h ago from GPFans.com
'They should all be sacked': Aston Martin scolded for major...
Aston Martin's top F1 management have been... Read More »
2h ago from GPFans.com
Once a young karter with a famous name and a dream
On this day, we wish a happy 27th birthday to... Read More »
53m ago from F1i.com
