News Details

New cost cap "a huge challenge" for Mercedes

This season, Formula 1 teams face a budget cap for the first time. The teams are allowed to spend a maximum of $145 million (not including certain costs such as the driver). Huge challenge For the smaller teams, the budget cap means little change, but for a team like Mercedes, it means significant cuts. "That has been a very interesting change here inside Mercedes, because we are one of the bigger teams in Formula 1 and so we had to figure out how we can operate our championship assault with far less financial resource than we might have had previously," technical director James Allison said in a video. Read more Technical director Mercedes: 'Asking ourselves 'have we forgetting...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Cost cap provides huge challenge for Mercedes –...

The new budget cap regulations for the 2021 Formula 1 season will provide...
5y ago from MotorsportWeek.com

McLaren Racing reports £71.4m loss in 2019, growth in...

McLaren Racing has reported a loss of £71.4 million during 2019 in its...
5y ago from GrandPrix247.com

Working group to investigate F1 driver salary cap

Formula 1 will create a working group, which will include drivers, in...
5y ago from MotorsportWeek.com

McLaren has found a remarkable way to cut costs

Formula 1 will begin their first year with a budget cap in 2021. This...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Lorenzo slams Yamaha riders including Fabio...

Five-time MotoGP champion Jorge Lorenzo slams Yamaha riders, particularly...

Popular On IndyCarToday.com

Gallery: IndyCar kicks off 2026 season at St. Pete

Motorsport Week has exclusive images from the IndyCar curtain-raiser in...
20h ago from MotorsportWeek.c...

Watch: Mick Schumacher taken out on opening lap of...

Fans of Mick Schumacher could switch off early after his IndyCar debut at...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Book your tickets for Budapest' - Chelsea icon Joe...

Chelsea icon Joe Cole believes Arsenal can win this season’s UEFA...
2h ago from SportsKeeda.com

Mikel Arteta hits back at critics of Arsenal’s...

t;li>Chris Sutton said Arsenal would be ‘ugliest’ championsGunners...
7m ago from TheGuardian.com

Comments

Hottest News

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.