News Details
Renault to benefit from budget cap redundancies?
It is estimated that when Formula One introduces its budget cap, depending on the form it takes and the actual spending limit placed on teams, across the board upwards of 4,000 jobs could be lost. Despite the obvious problems this would cause for the 4,000 and the resultant knock-on effect across the industry, Renault boss, Cyril Abiteboul, sees a positive aspect in that the likes of Mercedes and Ferrari will be seriously distracted. 'We know we have a huge deficit in resources against the teams that ultimately we want to fight against,' he says, according to Motorsport.com. 'But we also know that things like the budget cap at some point will kick in. 'It makes no sense to stack up...
Full Story »
Full Story »
6y ago from Pitpass.com
0
You May Also Be Interested In...
Abiteboul: Redundancy plans could be major distraction...
Renault F1 team believes the distraction of Formula 1's top teams needing...
6y ago from GPBlog.com
Abiteboul sees cost cap offering silver lining to...
Renault's Cyril Abiteboul believes the future heavy process of reducing...
6y ago from F1i.com
Abiteboul ‘Sorry but Not Sorry’ after End of...
Cyril Abiteboul admit he will not miss the 'powerful' and 'controlling'...
6y ago from TheCheckeredFlag....
Renault achieving 'biggest ever' engine gains -...
Renault team principal Cyril Abiteboul has claimed that the current winter...
6y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez aims to ‘mentally defeat’ rivals, not...
No description available...
8h ago from Motorsport.com
Liberty Media can’t follow its F1 play to boost...
No description available...
1d ago from Motorsport.com
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
1d ago from Motorsport.com
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
How Palou can clinch his fourth IndyCar championship...
Alex Palou is the man of the moment in IndyCar, and currently holds a 121...
3h ago from MotorsportWeek.c...
FOX Corporation acquires one-third stake in IndyCar...
No description available...
5d ago from Motorsport.com
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
6d ago from MotorsportWeek.c...
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
10h ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1d ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
2d ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal have second bid rejected for forward,...
Arsenal are continuing their search for a new striker to add to the club...
48m ago from FreshArsenal.com
Arsenal handed double injury boost ahead of Premier...
Arsenal have been handed a double injury boost as they gear up for their...
3h ago from SportsKeeda.com
Report: Arsenal working to complete £20m deal with...
Arsenal have already made six summer signings and they could be set to...
5h ago from FreshArsenal.com
Arsenal latest: 'Wilshere in running for Gunners...
No description available...
6h ago from SkySports.com
Comments
Hottest News
Charles Leclerc disqualification verdict issued by FIA...
The FIA have revealed that Charles Leclerc's... Read More »
2h ago from GPFans.com
Axed F1 boss 'set to BUY' grand prix team
A former F1 team boss is getting ready to buy a... Read More »
9h ago from GPFans.com
Hadjar admits he ‘needs to put it together when it...
Isack Hadjar expressed a mix of optimism and... Read More »
58m ago from F1i.com
