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 »
5y 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...
5y 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...
5y 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...
5y 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...
5y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo staying “a little bit out” of...
No description available...
38m ago from Motorsport.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
22h ago from MotorsportWeek.c...
Alex Marquez still involved in Ducati’s MotoGP...
No description available...
1d ago from Motorsport.com
Aleix Espargaro to undergo surgery after vertebral...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
18h ago from Motorsport.com
Experienced engineer Mike O’Gara joins IndyCar as...
IndyCar has announced that Mike O’Gara has joined the series as Vice...
20h ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
21h ago from Motorsport.com
Christian Lundgaard: Bye week a chance to “unite”...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
19h ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
2d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
'Unless they stop…' – Richard Keys...
Arsenal fans have been warned that they risk 'killing' their team as the...
1h ago from CaughtOffside.com
Arsenal fans around the world on the title race: ‘I...
porters everywhere will be watching Sunday’s big game against Manchester...
2h ago from TheGuardian.com
Anthony Gordon makes big summer transfer decision amid...
Anthony Gordon is reportedly open to leaving Newcastle United in the...
1h ago from SportsKeeda.com
Ex-Arsenal star admits Man City have 'massive...
Former Arsenal defender Mikael Silvestre has suggested Manchester City...
3h ago from CaughtOffside.com
Comments
Hottest News
The memories of Frank Williams live on
Formula 1's last active original team owner from... Read More »
58m ago from F1i.com
F1: Q&A with Alan Permane and the Racing Bulls drivers
Alan Permane, Liam Lawson and Arvid Lindblad use... Read More »
58m ago from Pitpass.com
McLaren Miami Grand Prix plans in tatters after F1 2026...
The upcoming Miami Grand Prix was supposed to be... Read More »
1h ago from GPFans.com
