News Details
Haas won't increase its budget to match cap
Formula 1's budget cap for 2021 may be $175 million but that doesn't mean Haas will meet it, says team boss Guenther Steiner. One of the smaller teams on the F1 grid, the American outfit reportedly spent $150 million last season. That is a long way off of the $484 million Mercedes laid down to win a sixth championship double. However, it is also some way off the $175m budget cap that Formula 1 will introduce come 2021. Steiner, though, is adamant that Haas, who will be without a title sponsor in 2020 after its relationship with Rich Energy imploded last season, won't up the spending to match the cap. 'We'll stay with what we have got,' he told RaceFans. 'We are quite conservative with...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Japanese GP start time shifted earlier for 2020
Formula 1 has confirmed the schedule for October’s Japanese Grand...
5y ago from MotorsportWeek.com
Lewis Hamilton hits out at 'false reports' over...
Reigning World Champion Lewis Hamilton has hit out at reports surrounding...
5y ago from MotorsportWeek.com
FIA ready to take action over China as more sports...
Motorsport’s governing body, the FIA, says it will evaluate its...
5y ago from MotorsportWeek.com
Cyril Abiteboul challenges Renault F1 juniors to claim...
Renault Formula 1 boss Cyril Abiteboul has challenged its junior drivers...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
What Aprilia hopes to unlock with radical 2026 MotoGP...
No description available...
10h ago from Motorsport.com
Fabio Quartararo reveals what’s still missing on...
No description available...
14h ago from Motorsport.com
MotoGP Valencia test: Raul Fernandez leads Aprilia 1-2...
No description available...
1d ago from Motorsport.com
Francesco Bagnaia “happy” again after testing new...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou’s Indy 500 win immortalized on...
Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...
11m ago from MotorsportWeek.c...
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
6d ago from Motorsport.com
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
15h ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
2d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Deal agreed in principle: Arsenal in final stages of...
Arsenal are closing in on a new contract agreement with Bukayo Saka. The...
6h ago from CaughtOffside.com
Mixed injury news for Arsenal as star spotted back in...
There's reportedly some mixed injury news coming in for Arsenal ahead of...
9h ago from CaughtOffside.com
Report: The real reason Antoine Semenyo prefers...
Bournemouth star Antoine Semenyo is strongly linked with a move away in...
8h ago from CaughtOffside.com
Report: Arsenal rival PL club for £20m wonderkid...
Arsenal are reportedly among the clubs eyeing highly-rated young...
10h ago from CaughtOffside.com
Comments
Hottest News
'FIA discover illegal trick being used by multiple F1 teams'
The FIA have reportedly become aware of an... Read More »
14h ago from GPFans.com
Lewis Hamilton makes spectacular Las Vegas statement with...
The seven-time F1 champion has revealed a... Read More »
5h ago from RacingNews365.com
Mercedes star gears up for Ferrari title showdown at Las...
Mercedes-backed F1 Academy star Doriane Pin is... Read More »
3h ago from GPFans.com
