News Details
Wolff: Mercedes may consider other categories
Toto Wolff says Mercedes may consider joining other categories as the 2021 budget cap will leave them with surplus personnel. The new regulations will limit teams to spending no more than $145 million for the 2021 season. The cap will then be reduced to $14omillion for 2022 before staying at $135million from 2023 to 2025. Wolff, the team boss, feels that these changes make remaining in the sport more financially feasible for Mercedes and their competitors. 'First of all, we're living in a financial reality that is very different to pre-COVID-19, and we have accepted the lower budget cap and it is a must that successful F1 franchises earn money rather than lose money,' he told Autosport....
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Wolff: Motorsport has to reduce entry-level costs
Mercedes boss Toto Wolff believes motorsport has to become “much more...
5y ago from MotorsportWeek.com
Daimler denies rumours: 'Wolff remains team boss of...
According to several rumours, Toto Wolff would leave after the 2020...
5y ago from GPBlog.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
Elsewhere On The Network
Popular On MGPToday.com
Enea Bastianini delighted with "emotional"...
No description available...
1h ago from Motorsport.com
Marc Marquez wins Brno MotoGP Sprint race
Marc Marquez continued his Saturday afternoon dominance with another...
4h ago from MotorsportWeek.c...
Jorge Martin searching for “confidence” after...
No description available...
49m ago from Motorsport.com
MotoGP Czech GP: Marc Marquez recovers from tyre...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Andretti tops Team Penske in IndyCar’s second...
IndyCar took to the streets of Toronto on Saturday morning, turning...
2h ago from MotorsportWeek.c...
Kyle Kirkwood tops opening IndyCar practice on slick...
IndyCar travels north of the Canadian border this weekend to tackle the...
21h ago from MotorsportWeek.c...
Arrow McLaren's Nolan Siegel cleared to race in Toronto
No description available...
2d ago from Motorsport.com
Kyle Kirkwood says people should appreciate Alex...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Rally Estonia leader Oliver Solberg hit with suspended...
No description available...
9h ago from Motorsport.com
Oliver Solberg almost doubles Rally Estonia lead as...
No description available...
7h ago from Motorsport.com
Sensational Solberg leads Rally Estonia!
It may be just a one-off outing in Toyota Gazoo Racing’s GR Yaris...
23h ago from MotorsportWeek.c...
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
'Protect your ankles, we are enemies now' - Chelsea...
Chelsea defender Wesley Fofana has sent a message to former teammate Noni...
49m ago from SportsKeeda.com
“It’s been good. It’s got to be better!” -...
Arsenal legend Thierry Henry has delivered his verdict on the performance...
1h ago from SportsKeeda.com
Report: Five players Chelsea could use in a deal to...
Chelsea remain interested in signing Morgan Rogers from Aston Villa, and...
5h ago from CaughtOffside.com
£20m asking price set: Chelsea star put up for sale...
Chelsea winger Raheem Sterling is reportedly up for sale for just £20m...
5h ago from CaughtOffside.com
Comments
Hottest News
MotoGP: Marc Marquez wins Brno Sprint in strange...
Six-time MotoGP champion Marc Marquez took a... Read More »
49m ago from F1Technical.net
Yuki Tsunoda handed Red Bull survival boost
Yuki Tsunoda has matched a Red Bull record for... Read More »
59m ago from RacingNews365.com
Honda rules out emergency engine supply for Red Bull in 2026
Honda has categorically dismissed the possibility... Read More »
4h ago from F1i.com