News Details

Cost cap provides huge challenge for Mercedes – Allison

The new budget cap regulations for the 2021 Formula 1 season will provide a 'huge challenge' for Mercedes, according to Technical Director James Allison, given its prior use of resources. From this season Formula 1's 10 teams will run to a budget cap of $145m, albeit with some costs excluded, with external auditors enlisted to ensure no rules are broken. It will be the first time that Financial Regulations have been utilised in Formula 1. Mercedes has won seven successive titles and is among Formula 1's biggest spenders and says adapting to the new regulations will mean new ways of working. '2021 is a big year for the entire sport. It’s the first year of the new financial regulations,...
Full Story »
Share

You May Also Be Interested In...

Budget Cap Introduction Prevented Haas Departure from...

Guenther Steiner believes the Haas F1 Team would have dropped off the grid...

‘Without the budget cap I don't think we'd still be...

The introduction of the budget cap for teams should bring the grid closer...
4y ago from GPBlog.com

Haas would not be in F1 this year without budget cap -...

Guenther Steiner believes Haas would not be in Formula 1 this season if...
4y ago from GPFans.com

Capito: Budget cap a start, but not enough

Williams CEO Jost Capito believes Formula 1 must do more than just...
4y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi takes responsibility for crashing out...

Marco Bezzecchi admits he made "a bad mistake" on the first lap...

Alex Marquez hits back at ‘disrespectful’...

Alex Marquez has hit back at claims he has “too much respect” for...
22h ago from MotorsportWeek.c...

Marc Marquez identifies surprise name as his main...

Marc Marquez identified a surprise name he believes is his main MotoGP...

Popular On IndyCarToday.com

Date set for IndyCar’s inaugural Grand Prix of...

The NTT IndyCar Series has announced a date for the first running on the...

Takuma Sato to contest 16th Indy 500 with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Video: Arsenal star spotted arriving in major city as...

Arsenal midfielder Jorginho has been spotted arriving in Rio and getting...
1h ago from CaughtOffside.com

Man United rival Arsenal & Chelsea for...

Manchester United are reportedly showing an interest in the potential...
2h ago from CaughtOffside.com

Dean Huijsen confirms interest from top club ahead of...

Bournemouth’s Dean Huijsen has given the clearest indication yet of...
1h ago from CaughtOffside.com

Arsenal transfer news: Gunners to join race for...

Arsenal are allegedly ready to join the race for an Atletico Madrid...
28m ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.