News Details
Budget cap could help drive Mercedes into other series
The cost cutting that will be required because of the introduction of F1's budget cap in 2021 could mean Mercedes will diversify into other motorsport championships in the future. That's according to team principal Toto Wolff, who says that diversification might be the only way for large F1 teams like Mercedes and Ferrari to continue in their current form without having to let hundreds of key personel go. From next season, all teams will have to operate within a budget of $145 million, which will be progressively further lowered over the following seasons until it stabilises at $135 million for 2023-25. Wolff accepts the need for the reduced figures in the wake of the shock to the sport...
Full Story »
Full Story »
You May Also Be Interested In...
Off Camber: Daniel Abt, Lorenz Hörzing and...
Although motorsport has been on a COVID-19 inspired hiatus since March....
5y ago from GrandPrix247.com
Ecclestone doesn't support budget cap: 'It's been...
As of 2021 there will be a budget cap that Formula 1 teams will have to...
5y ago from GPBlog.com
Horner: 'F1 shouldn't become an accounting...
Last week the teams and Formula 1 agreed on the budget cap that will be...
5y ago from GPBlog.com
W Series scraps entire 2020 season due to pandemic
W Series announced on Thursday that it has canceled its entire 2020...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo reveals MotoGP moment that felt...
No description available...
13h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
1d ago from Motorsport.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
1d ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
1d ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
1d ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
1d ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 6: Nasser Al-Attiyah regains overall...
No description available...
10h ago from Motorsport.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
1d ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
1d ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'Arteta really believes he's a top player' –...
Arsenal have been calling over a potential transfer move for Crystal...
5h ago from CaughtOffside.com
Sol Campbell names 'top player' Arsenal should sign...
Arsenal legend Sol Campbell has suggested that his old club should look...
5h ago from CaughtOffside.com
Ian Wright claims Liverpool failing to replace...
Ian Wright believes Liverpool missed Luis Diaz during their draw against...
8h ago from SportsKeeda.com
Bukayo Saka agrees new five-year Arsenal contract with...
t;li>Deal understood to lift pay to about £300,000 a weekArsenal keen...
8h ago from TheGuardian.com
Comments
Hottest News
'Sounds incredible!' First video of 2026 F1 cars in action...
F1 fans have been left stunned by the sound of... Read More »
10h ago from GPFans.com
How F1 star racked up crazy phone bill during new team...
To say F1 is a competitive sport is an... Read More »
2h ago from GPFans.com
Audi 2026 F1 car leaked as McLaren announce launch date –...
Check out the biggest stories of the day with the... Read More »
3h ago from RacingNews365.com
