News Details

Mercedes tackles F1 budget cap with new division

Mar.4 A new division at Mercedes was set up to help the Formula 1 team tackle the new budget cap. At Ferrari, moves to support customer team Haas at Maranello and kick off a works Le Mans program for 2023 have been seen as ways to get under the budget limit without sacking staff. When asked if Mercedes might also enter the world endurance championship, team boss Toto Wolff is quoted by Italy's Autosprint: 'At the moment that is not planned.' However, he did admit that Mercedes' Formula E team is a 'breeding ground for business and a port of destination' for redundant Formula 1 staff. Another staff destination is the recently-inaugurated ‘Applied Science' division at Brackley, which...
Full Story »
Share

You May Also Be Interested In...

Charles Leclerc Interested In Competing In Le Mans

Ferrari F1 driver Charles Leclerc has said he would be interested in...
4y ago from Formula1News.co.uk

Ferrari WEC hypercar project NOT the result of F1...

Mattia Binotto has denied that Ferrari's decision to enter the new World...
4y ago from GPFans.com

F1 budget cap will stop simultaneous car development -...

Alfa Romeo technical director Jan Monchaux believes the introduction of a...
4y ago from GPFans.com

Ferrari returning to top Le Mans category

Feb.25 After a 50 year absence, Ferrari will return to Le Mans in the...
4y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Mick Schumacher joins RLL in IndyCar switch

Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal v Bayern Munich: Champions League – live

Champions League updates from the 8pm GMT kick-off<br>⚽ <a...
16m ago from TheGuardian.com

Cole Palmer close to fitness and could give Chelsea...

t;li>Palmer training with squad despite toe fractureForward out since...
1h ago from TheGuardian.com

PL giants set to rival Arsenal in bid to sign...

Manchester City are prepared for a face off with rivals Arsenal over the...
4h ago from SportsKeeda.com

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.