News Details

$150million Cost Cap ‘Not Achievable’ for Biggest Teams – Wolff

Toto Wolff believes the introduction of a $150million cost cap in Formula 1 is not achievable, at least for the biggest teams, with the likes of Mercedes AMG Petronas Motorsport and Scuderia Ferrari likely to reject the proposals of a cost cap if it is that low. Blueprints for Formula 1’s future were unveiled by Liberty Media in a meeting with team principals on Friday in Bahrain, with Chase Carey and Ross Brawn wanting a cheaper but more spectacular sport in 2021, with a cost cap being suggested once more to help even the playing field in the sport. However, Wolff, Mercedes-Benz Head of Motorsport, believes it is unrealistic to implement a $150million cost cap, and suggests somewhere...
Full Story »
Share

You May Also Be Interested In...

Wolff adamant $150M budget 'not achievable' for big...

Mercedes' Toto Wolff expressed his doubts over Formula 1's ability to...
7y ago from F1i.com

Toto Wolff – Mistakes Become Training

Toto Wolff is expecting a close battle at the 2018 Bahrain Grand Prix as...

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

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources: PL club eyeing Chelsea transfer target in...

Chelsea are one of the clubs interested in a transfer move for Sporting...
1h ago from CaughtOffside.com

'Really smart signing' – Arsenal praised for...

Arsenal have been praised for their transfer deal for Noni Madueke, who...
1h ago from CaughtOffside.com

'R9 is back' - William Saliba sends message to Arsenal...

Arsenal defender William Saliba dropped a three-word message to express...
2h ago from SportsKeeda.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.