News Details
No additional staff for Renault ahead of 2021 cap
Expecting a budget cap in 2021, Cyril Abiteboul says Renault will not bolster their staff numbers only to retrench in two years. Formula 1's powers-that-be are pushing for a budget cap come 2021, the year that the new Concorde Agreement comes into effect. This years many of the sport's bigger teams such as Mercedes, Ferrari and Red Bull will be forced into making redundancies to reduce their spending. And while for the next two years they can still use their enlarged work forces to make bigger gains against the likes of Renault, Abiteboul says his team won't be employing more people only to let them go. 'We know we have a huge deficit in resources against the teams that ultimately we want...
Full Story »
Full Story »
5y ago from PlanetF1.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...
5y ago from GPBlog.com
Renault to benefit from budget cap redundancies?
It is estimated that when Formula One introduces its budget cap,...
5y ago from Pitpass.com
Ricciardo arrival compared to Alonso glory years
Renault boss Cyril Abiteboul has said the staff reaction to signing...
5y ago from PlanetF1.com
Ricciardo arrival puts Renault staff in a winning...
Renault Sport F1 boss Cyril Abiteboul says that Daniel Ricciardo's...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Martin ‘feared’ he would never win a MotoGP title...
No description available...
2h ago from Motorsport.com
Yamaha exceeded own expectations with updated M1 in...
No description available...
1h ago from Motorsport.com
Alex Marquez tops Barcelona MotoGP test as Marc makes...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar hopefuls complete test day at Thermal Club
Six different drivers completed a private test day at The Thermal Club on...
11h ago from MotorsportWeek.c...
Arrow McLaren parts ways with IndyCar Team Principal...
Arrow McLaren announced on Tuesday that Team Principal Gavin Ward has...
16h ago from MotorsportWeek.c...
Arrow McLaren and Team Principal Gavin Ward part ways
No description available...
18h ago from Motorsport.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Toyota targets "almost perfect” Rally Japan to...
No description available...
23h ago from Motorsport.com
How losing hybrid will affect WRC Rally1 cars in 2025
No description available...
1d ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
5d ago from Motorsport.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal star linked with surprise move to Turkish...
No description available...
32m ago from SportsKeeda.com
'The attraction…' – World class star drops...
Bayern Munich winger Leroy Sane has dropped an intriguing hint over his...
32m ago from CaughtOffside.com
Newcastle 'aiming to beat' Man United to signing of...
Newcastle United allegedly prepare to battle Manchester United for the...
32m ago from SportsMole.co.uk
Arsenal eyeing transfer opportunity for 19-year-old...
Arsenal's move to sign Martin Odegaard from Real Madrid is one of their...
1h ago from CaughtOffside.com
Comments
Hottest News
Ferrari Seek an F1 World Title for the First Time Since...
Ferrari head into the final triple-header of the... Read More »
52m ago from GrandPrix247.com
Hamilton WARNED of huge Ferrari risk ahead of 2025
Lewis Hamilton faces a daunting challenge as he... Read More »
42m ago from GPFans.com
Iconic race set for MAJOR change in F1 calendar swap...
Formula 1 has announced a significant shift for... Read More »
1h ago from GPFans.com
