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 »
4y ago from GPBlog.com 0
Share

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

Popular On IndyCarToday.com

Red Bull eyeing F1 drive for IndyCar champion Alex...

Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...
18h ago from MotorsportWeek.c...

Honda awarded IndyCar manufacturers’ championship

Even though the 2025 IndyCar season is not yet complete, Honda has been...
16h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal talent Max Dowman sums up Rio Ngumoha with...

Arsenal wonderkid Max Dowman has lauded Liverpool sensation Rio Ngumoha...
37m ago from SportsKeeda.com

Complete your summer with an Ecuadorian left-back!

Morning. Like many of you, I'm sure, I watched last night's game between...
37m ago from Arseblog.com

Premier League: 10 talking points from the weekend’s...

harlison and Martín Zubimendi are changing things up at Spurs and...
12h ago from TheGuardian.com

“Top-quality” star edging closer to Arsenal exit...

Arsenal defender Jakub Kiwior could be on his way out of North London this...
17h ago from CaughtOffside.com

Comments

Hottest News

F1 News Today: Christian Horner tipped for Aston Martin...

Former Red Bull boss Christian Horner has been... Read More »
1h ago from GPFans.com

Red Bull stripped of 'big threat' reputation in major...

Red Bull finds itself 365 points behind McLaren... Read More »
37m ago from RacingNews365.com

FIA to increase F1 speed limit at Dutch GP

The FIA have made the decision to increase the F1... Read More »
27m ago from GPFans.com

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.