News Details
Haas now have ‘10%' spending deficit, not ‘100%'
With the new budget cap now in play, Haas boss Guenther Steiner says his team are spending 10% less than the other teams rather than 100%. In recent years, Mercedes, Ferrari and Red Bull had established themselves as the three highest-spending teams on the grid and that showed until last season as the trio pulled away at the front, leaving a ‘best of the rest' battle behind. But for 2021, teams are now capped at spending $145million per season and while Haas are not at that level, Steiner said the deficit to other teams is now '10%' rather than '100%'. The new Concorde Agreement and more even distribution of funds between teams going forward was also a key factor in keeping Haas in...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes tackles F1 budget cap with new division
Mar.4 A new division at Mercedes was set up to help the Formula 1 team...
4y ago from OneStopStrategy.com
Haas will 'live with risk' of not developing 2021 car...
Haas team boss Guenther Steiner says the US outfit's decision not to...
4y ago from F1i.com
Haas' Russian livery 'doesn't circumvent' rules -...
Haas F1 Team boss Guenther Steiner says the livery of its 2021 car does...
4y ago from F1i.com
No token spend from Haas as they're treating '21 as...
Haas have opted against spending any performance tokens on their 2021 car...
4y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
How Jorge Lorenzo is pushing Maverick Vinales beyond...
No description available...
57m ago from Motorsport.com
Ducati will continue racing its unbeatable 2024 engine...
No description available...
1d ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
1d ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
1d ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
2d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
1d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
17m ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
2h ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
2h ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal v Wigan Athletic: FA Cup fourth round – live
FA Cup news from the 4.30pm GMT kick-off in London<br>⚽ <a...
17m ago from TheGuardian.com
'I was worried' - Key Arsenal star provides update on...
Arsenal captain Martin Odegaard has provided an update about his injury....
2h ago from SportsKeeda.com
FA Cup LIVE! Birmingham vs Leeds kicks off today's...
No description available...
3h ago from SkySports.com
'Have to be looking for an elite manager' - Pundit...
CBS Sports co-commentator Andy Townsend believes Manchester United must...
5h ago from SportsKeeda.com
Comments
Hottest News
Leclerc warns of ‘chaos early on’ when 2026 F1 season...
As the 2026 F1 season kicks into gear,... Read More »
57m ago from F1i.com
Honda on Aston's tough Bahrain test: ‘Believe me, we are...
Aston Martin’s 2026 campaign got off to a rocky... Read More »
3h ago from F1i.com
McLaren implores the FIA for ‘imperative' F1 rule...
Andrea Stella has called on the FIA to consider... Read More »
37m ago from MotorsportWeek.com
