News Details
Brown: Mercedes will have to lay-off people
McLaren CEO Zak Brown predicts Mercedes will have to lay-off staff should the pending 2021 Formula 1 budget cap become part of future regulations, however, he believes the forced cut in expenditure by teams will level the playing field. Formula 1 and stakeholders have (reluctantly) agreed on an annual budget cap of $175-million over five seasons from 2021-25, although there is provision for an upward adjustment for inflation. Notably, the amount does not include expenditure such as driver salaries, marketing expenses and engine related costs. In a wide-ranging interview with Auto Motor und Sport, Brown gave his views on the combined F1/FIA proposal sent to teams, 'Nothing in the document...
Full Story »
Full Story »
6y ago from GrandPrix247.com
0
You May Also Be Interested In...
Brown: No F1 seat available for Alonso at McLaren
While Fernando Alonso is very much part of the McLaren family, there is...
6y ago from GrandPrix247.com
Mercedes: Hamilton's car was in a million bits on...
Mercedes boss Toto Wolff admits that Lewis Hamilton’s winning car at...
6y ago from GPFans.com
‘F1 must lock down future before it's too late'
Zak Brown has urged F1's powers-that-be to finalise plans for a budget...
6y ago from PlanetF1.com
F1 teams are split over talks on budget reform delay
A split has emerged between Formula 1 teams as talks over the future of...
6y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin’s collarbone surgery successful but no...
No description available...
4h ago from Motorsport.com
Joan Mir reflects on ‘long, tiring journey' to...
Joan Mir and Honda celebrated their first MotoGP podium finish together...
21h ago from MotorsportWeek.c...
Joan Mir hits back at naysayers after first Honda...
No description available...
16h ago from Motorsport.com
Marco Bezzecchi reveals extent of injuries in Japan...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher to make IndyCar test debut with Rahal...
No description available...
4d ago from Motorsport.com
Mick Schumacher set for IndyCar test with RLL
Rahal Letterman Lanigan Racing has announced that it will bring in Mick...
4d ago from MotorsportWeek.c...
Andretti hires ex-Penske director Ron Ruzewski as...
Andretti Global announced on Wednesday that it has hired Ron Ruzewski as...
6d ago from MotorsportWeek.c...
Andretti Global signs ex-Penske Ron Ruzewski as team...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai WRT on the attack
Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...
4d ago from MotorsportWeek.c...
Mandated rest periods at WRC rallies to face FIA vote
No description available...
6d ago from Motorsport.com
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
1w ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta will 'definitely' be sacked if this one...
Arsenal manager Mikel Arteta will 'definitely' be sacked if he fails to...
50m ago from CaughtOffside.com
Olympiacos preview + Big Willy extension official
Morning. It's our first home Champions League game of the season as we...
50m ago from Arseblog.com
Saliba signs new long-term contract with Arsenal
William Saliba has signed a new long-term contract with Arsenal.
21h ago from SkySports.com
Official: Arsenal confirm William Saliba has signed a...
Arsenal have officially confirmed that star defender William Saliba has...
21h ago from CaughtOffside.com
Comments
Hottest News
Piastri and Norris level as Verstappen threat looms in...
The Formula 1 World Championship fight resumes... Read More »
1h ago from GrandPrix247.com
McLaren reveal why 'bravery' has sparked Lando Norris Oscar...
It has been a highly successful campaign so far... Read More »
40m ago from RacingNews365.com
Why Singapore GP crucial for Verstappen if he’s to give...
If a week is considered a long time in politics,... Read More »
1h ago from SkySports.com
