News Details
Wolff: Motorsport has to reduce entry-level costs
Mercedes boss Toto Wolff believes motorsport has to become “much more affordable” at every level, in the wake of Formula 1 introducing a budget cap. Formula 1 chiefs have agreed to reduce costs from 2021, limiting annual spending to $145m, a figure which will lower to $135m by 2023. But the cost of competing in junior categories remains high for aspiring Formula 1 drivers. ADVERTISEMENT While budgets vary depending on the team and the services included, it is understood that leading Formula 2 teams need around $3m from a driver, with the figure standing at $1m for Formula 3. Related Posts Perez and Gasly join virtual grid for Azerbaijan June 4, 2020 Technical Insight: The 2021...
Full Story »
Full Story »
4y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Horner: I just hope we don't become an accounting...
Red Bull team principal Christian Horner has said that he hopes the new...
4y ago from GrandPrix247.com
Motorsport must be cheaper to be more inclusive - Wolff
Motorsport needs to become cheaper at a grassroots level in order to be...
4y ago from Racer.com
Domenicali: Fernando would give Formula 1 another level
Formula 1 would be the winner if double world champion Fernando Alonso...
4y ago from GrandPrix247.com
Redline: FIA, teams agree to cost cap and more
The FIA and Formula 1 teams have apparently agreed on the following issues...
4y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
Marquez confident rivalry with "gentleman"...
No description available...
1h ago from Motorsport.com
Mir: “I hadn’t had any bad moments until I came to...
No description available...
1d ago from Motorsport.com
Ducati using 2024 chassis and aero ‘a real...
Ducati has revealed that there is 'a real possibility' of the team using...
2d ago from MotorsportWeek.c...
Jonathan Rea to miss WorldSBK season opener at Phillip...
Jonathan Rea has been ruled out of the WorldSBK season opener at Phillip...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Team Penske quickest in final IndyCar test day
The NTT IndyCar Series held its second and final preseason open test day...
10h ago from MotorsportWeek.c...
Pit lane speed adjustments made for 2025 IndyCar season
The NTT IndyCar Series has announced a few changes for the upcoming 2025...
17h ago from MotorsportWeek.c...
Pato O’Ward fastest in first day of IndyCar...
The entire NTT IndyCar Series paddock set up shop in Sebring, Florida on...
1d ago from MotorsportWeek.c...
ECR shares new look for 2025 IndyCar campaign
Ed Carpenter Racing has unveiled a drastically different set of liveries...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Elfyn Evans wins Rally Sweden by a whisker
Super Sunday on Rally Sweden was just that! After 300km of hard racing,...
2d ago from MotorsportWeek.c...
Fourmaux fined for swearing on WRC TV broadcast
No description available...
2d ago from Motorsport.com
WRC women's driver development programme winner...
No description available...
2d ago from Motorsport.com
Elfyn Evans under pressure on Rally Sweden –...
Elfyn Evans and Scott Martin maintained their lead on Rally Sweden after...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal suffer fresh setback as 26-year-old ruled out...
No description available...
1h ago from SportsKeeda.com
Man United transfer news: Red Devils 'agree personal...
Manchester United reportedly agree personal terms with Sporting Lisbon's...
1h ago from SportsMole.co.uk
Exclusive: Barcelona show concrete transfer interest...
Barcelona have shown a concrete interest in the potential transfer of...
1h ago from CaughtOffside.com
Tomi setback + savouring joy in a slog of a season
Morning all, Blogs is out of action, so you’ve got me on loan for a...
3h ago from Arseblog.com
Comments
Hottest News
Ferrari complete first shakedown with all-new SF-25 at...
Having shown off the livery for the 2025 F1... Read More »
59m ago from F1Technical.net
Ferrari photoshops out crucial part of new F1 car at launch...
Ferrari presented the new SF-25 on Tuesday.... Read More »
5h ago from RacingNews365.com
Alonso: 'What Hamilton brings to Ferrari will be short of...
On Tuesday during the press session ahead of the... Read More »
3h ago from GPBlog.com
