News Details

Wolff: We are motivated by factors working against us

Toto Wolff believes that Mercedes Formula 1 team need to adapt their structure in order to meet the new cost cap and the regulatory changes coming in 2022. With the sport's first-ever financial restrictions set to be introduced for the start of the 2021 season, teams will have to ensure that they remain within the $145 million limit, which will be reduced to $140 million in 2022 and then $135 million in 2023. There are exceptions to the cap, including marketing costs and driver salaries, and it remains to be seen how much of an impact the new restrictions will have on the top teams. The technical regulations, which were originally intended to be introduced in 2021, will take hold in 2022,...
Full Story »
3y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

F1 Australian & Chinese Grands Prix postponed because...

The 2021 Australian and Chinese Grands Prix are postponed because of...
3y ago from BBC.co.uk

Bahrain replaces Australia as F1 season opener

As we mentioned last night on our podcast, the F1 calendar has been...
3y ago from TheParcFerme.com

Steiner: Haas working on Mazepin realizes what he did...

Haas boss Guenther Steiner says Nikita Mazepin has realized that this...
3y ago from F1i.com

Williams 'cannot afford to ignore 2022' changes but...

Team principal Simon Roberts has confirmed Williams intends to...
3y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Penske purchases Grand Prix Association of Long Beach

Penske Entertainment announced Thursday that it has acquired the Grand...

AJ Foyt technical director Michael Cannon leaves team

Michael Cannon, AJ Foyt Racing’s revered engineer and technical...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal, Liverpool 'learn £85m valuation' for...

Arsenal and Liverpool reportedly learn what fee it will take to prise...
8h ago from SportsMole.co.uk

Arsenal and Liverpool eye £85m release clause in...

Arsenal and Liverpool are believed to be considering a move for West Ham...
8h ago from CaughtOffside.com

Comments

Hottest News

Secret Ricciardo deal revealed as MAJOR 2025 driver change...

The former boss of Daniel Ricciardo has revealed... Read More »
5h ago from GPFans.com

Hamilton and Mercedes ready for SHOCK U-TURN

Lewis Hamilton’s final season at Mercedes... Read More »
8h ago from GPFans.com

F1 chief reveals SECRET Ricciardo agreement

The former boss of Daniel Ricciardo has revealed... Read More »
7h ago from GPFans.com

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.