News Details
Red Bull spend highlights budget-cap challenge
Red Bull’s F1 team spent slightly less money last year than in 2018 – but still face substantial cutbacks to comply with the FIA budget cap being introduced for 2021. Newly-released accounts, reported by Motorsport.com, reveal the Milton Keynes team spent £237.3m last year, a fall of £2.3m compared to the 2018 figure. It followed rises of £33.7m in 2017 and £12.9m in 2018. The figures reflect that last year the team switched from being a paying Renault engine customer to becoming the works team of Honda, with the change in the commercial terms of their power-unit deal effectively cancelling out the inevitable trend in rising expenditure in other areas. Like rivals Mercedes and...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Red Bull spent over $300-million for 2019 F1 campaign
Red Bull Racing spent £237.3 million ($304.84 million) in finishing...
4y ago from GrandPrix247.com
'Red Bull spends twice as much as the budget cap in...
From 2021, the new budget cap will apply to all Formula 1 teams and Red...
4y ago from GPBlog.com
Shwartzman, Ilott, Schumacher complete Fiorano test
Ferrari’s leading three junior drivers all got behind the wheel of the...
4y ago from MotorsportWeek.com
Grosjean sees FE, WEC as options if F1 stay ends
Romain Grosjean is eyeing a future in Formula E or the World Endurance...
4y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Alex Marquez: ‘no problems being Mr P2’ after...
Alex Marquez says he is happy to be called ‘Mr P2’ for the rest of...
5h ago from MotorsportWeek.c...
Marc Marquez proves he’s ‘still human’ after...
Marc Marquez says he is “not a disaster” despite crashing out of a...
8h ago from MotorsportWeek.c...
Francesco Bagnaia wins Americas Grand Prix after Marc...
t;li>Marquez crashes while leading raceÁlex Márquez tops riders’...
23h ago from TheGuardian.com
Francesco Bagnaia earns dramatic COTA MotoGP victory...
Francesco Bagnaia scored a dramatic MotoGP victory at COTA as team-mate...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar penalizes PREMA over fire safety issue
The NTT IndyCar Series has issued penalties to the PREMA IndyCar team for...
3d ago from MotorsportWeek.c...
IndyCar penalizes Prema Racing following Thermal fire
No description available...
3d ago from Motorsport.com
FOX offers explanation for NASCAR/IndyCar programming...
No description available...
4d ago from Motorsport.com
Andretti Global penalized following Herta inspection...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Evans wins brutal Safari Rally to boost WRC title bid
No description available...
1w ago from Motorsport.com
Katsuta loses fifth after dramatic final-stage Safari...
No description available...
1w ago from Motorsport.com
Elfyn Evans bags the big game on Safari
Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Premier League GW30 predictions: Liverpool to triumph...
Sports Mole takes on Chris Buck from electrifying Welsh-formed rock trio...
53m ago from SportsMole.co.uk
Team News: Arsenal vs. Fulham injury, suspension list,...
Sports Mole rounds up all of the latest injury and suspension news ahead...
1h ago from SportsMole.co.uk
Manchester City linked with record-breaking deal for...
No description available...
2h ago from SportsKeeda.com
Chelsea ready to offer 70m for Barcelona star but face...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Horner under pressure as team's...
Ralf Schumacher has claimed that Christian... Read More »
2h ago from GPFans.com
Aston Martin to sell its stake in F1 team
Aston Martin chairman Lawrence Stroll has... Read More »
12h ago from RacingNews365.com
Claire Williams Steps Back into F1 with Santander
Claire Williams, the former deputy team principal... Read More »
2h ago from F1i.com
