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 »
Full Story »
3y ago from GPBlog.com
0
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...
3y 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...
3y ago from GrandPrix247.com
Working group to investigate F1 driver salary cap
Formula 1 will create a working group, which will include drivers, in...
3y 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...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Game of Thrones star Emilia Clarke to reveal new...
No description available...
1h ago from Motorsport.com
Bagnaia explains bizarre post-FP1 crash after Vinales...
No description available...
1h ago from Motorsport.com
MotoGP Barcelona GP: Bagnaia leads Bezzecchi in second...
No description available...
4h ago from Motorsport.com
Francesco Bagnaia tops the timesheets in Barcelona...
Francesco Bagnaia topped the timesheets in the second MotoGP practice in...
3h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Despite three IndyCar titles, Palou feels incomplete...
No description available...
22h ago from Motorsport.com
Penske Entertainment buys Grand Prix of Long Beach
No description available...
1d ago from Motorsport.com
Penske purchases Grand Prix Association of Long Beach
Penske Entertainment announced Thursday that it has acquired the Grand...
1d ago from MotorsportWeek.c...
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC drops hybrid power as part of 2025 Rally1 refresh
No description available...
3h ago from Motorsport.com
Croatia strikes new deal to rejoin WRC in 2026
No description available...
10h ago from Motorsport.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
4d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I hope so' - 25-year-old star keen to stay at current...
No description available...
42m ago from SportsKeeda.com
Arsenal attacker 'in talks' over new long-term...
Arsenal are reportedly working to secure Belgian attacker Leandro Trossard...
1h ago from SportsMole.co.uk
Kai Havertz names Virgil van Dijk and 2 Arsenal stars...
No description available...
1h ago from SportsKeeda.com
Man United boss Ruben Amorim 'wants record-breaking...
Manchester United head coach Ruben Amorim is allegedly pushing for the Red...
1h ago from SportsMole.co.uk
Comments
Hottest News
F1 urges fans not to purchase resale tickets to 2025 season...
F1 has cautioned fans who missed out on a ticket... Read More »
52m ago from MotorsportWeek.com
It is not impossible to get a job in F1, claim Mercedes
For any young motorsport fan, the chance to work... Read More »
52m ago from F1Technical.net
Haas opposed to potential ‘killer' 2026 F1 rule
Haas boss Ayao Komatsu is directly opposed to a... Read More »
6h ago from MotorsportWeek.com