News Details
New cost cap "a huge challenge" for Mercedes
This season, Formula 1 teams face a budget cap for the first time. The teams are allowed to spend a maximum of $145 million (not including certain costs such as the driver). Huge challenge For the smaller teams, the budget cap means little change, but for a team like Mercedes, it means significant cuts. "That has been a very interesting change here inside Mercedes, because we are one of the bigger teams in Formula 1 and so we had to figure out how we can operate our championship assault with far less financial resource than we might have had previously," technical director James Allison said in a video. Read more Technical director Mercedes: 'Asking ourselves 'have we forgetting...
Full Story »
Full Story »
4y ago from GPBlog.com
0
You May Also Be Interested In...
Cost cap provides huge challenge for Mercedes –...
The new budget cap regulations for the 2021 Formula 1 season will provide...
4y ago from MotorsportWeek.com
McLaren Racing reports £71.4m loss in 2019, growth in...
McLaren Racing has reported a loss of £71.4 million during 2019 in its...
4y ago from GrandPrix247.com
Working group to investigate F1 driver salary cap
Formula 1 will create a working group, which will include drivers, in...
4y ago from MotorsportWeek.com
McLaren has found a remarkable way to cut costs
Formula 1 will begin their first year with a budget cap in 2021. This...
4y ago from GPBlog.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...
18h ago from MotorsportWeek.c...
Alex Marquez hits back at ‘disrespectful’...
Alex Marquez has hit back at claims he has “too much respect” for...
1d ago from MotorsportWeek.c...
Fabio Di Giannantonio explains why he ‘threw...
Fabio Di Giannantonio explained why he felt he "threw away" his...
14h ago from MotorsportWeek.c...
Charles Leclerc and Pecco Bagnaia: From kings to...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Alexander Rossi: IndyCar’s hybrid helps the series...
The IndyCar hybrid powertrain continues to be a talking point around the...
7h ago from MotorsportWeek.c...
Fan vote to decide livery for Devlin DeFrancesco’s...
Devlin DeFrancesco’s livery for the upcoming Indianapolis 500 will be...
13h ago from MotorsportWeek.c...
Date set for IndyCar’s inaugural Grand Prix of...
The NTT IndyCar Series has announced a date for the first running on the...
6d ago from MotorsportWeek.c...
Bumping confirmed for Indy 500 as Takuma Sato becomes...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Neuville: Hyundai’s WRC future is yet to be decided
No description available...
11h ago from Motorsport.com
FIA responds to WRC drivers’ dissent in swearing...
No description available...
15h ago from Motorsport.com
WRC drivers protest against FIA swearing ban
No description available...
20h ago from Motorsport.com
Hyundai shelves its 2025 WRC car upgrades for Safari...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Arsenal eyeing Los...
No description available...
1h ago from SportsKeeda.com
'We are in 2025, how can you ask your players to do...
No description available...
8h ago from SportsKeeda.com
Arsenal unwilling to accept any offer under 100m for...
No description available...
9h ago from SportsKeeda.com
'He's had talks with all the top teams' - World-class...
No description available...
10h ago from SportsKeeda.com
Comments
Hottest News
Tsunoda points to Red Bull 'tradition' after Lawson...
Yuki Tsunoda put on a positive display in... Read More »
54m ago from RacingNews365.com
Why Lewis Hamilton was almost disqualified at the 2025...
Lewis Hamilton’s much-anticipated debut with... Read More »
34m ago from Formula1News.co.uk
Ferrari absence 'confirmed' at Chinese Grand Prix
Ferrari are set for further disruption following... Read More »
21h ago from GPFans.com
