News Details
Mercedes hits development freeze after costly spate of crashes
© XPB Michael Delaney
30/10/2024 at 13:2430/10/2024 at 12:15 Mercedes team principal Toto Wolff has revealed that the financial strain of recent crashes suffered by the Brackley squad has forced it to prematurely halt its current development programme. The team’s 2024 budget – capped at approximately $135 million by F1’s fiscal regulations – has been significantly impacted by several incidents since the summer, with crashes by Andrea Kimi Antonelli in Monza and George Russell in Austin and Mexico. Russell’s accident in last Friday’s second practice session at the Autodromo Hermanos Rodriguez resulted in the need for a completely new chassis – an expensive setback...
Full Story »
Full Story »
You May Also Be Interested In...
Mercedes in ‘serious trouble’ with F1 cost cap...
©Mercedes Michael Delaney
26/10/2024 at 21:1826/10/2024 at 21:58 Mercedes...
4d ago from F1i.com
Red Bull confirms Yuki Tsunoda post-season F1 test in...
Red Bull boss Christian Horner has confirmed Yuki Tsunoda will drive for...
5d ago from MotorsportWeek.com
Toto Wolff: Mercedes in ‘serious trouble' with...
Mercedes boss Toto Wolff has conceded George Russell's FP2 crash at the...
5d ago from MotorsportWeek.com
Lewis Hamilton not apprehensive about Kimi Antonelli's...
Lewis Hamilton holds no concerns over handing his Mercedes car over to...
6d ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati: Iannone’s MotoGP return a “reward” for...
No description available...
4h ago from Motorsport.com
Ducati refuses team orders to help Bagnaia retain...
No description available...
4h ago from Motorsport.com
MotoGP's ‘best option' is to race elsewhere for...
Current championship leader Jorge Martin has stated MotoGP's 'best...
6h ago from MotorsportWeek.c...
Martin “more mature” than in 2023 MotoGP title...
No description available...
8h ago from Motorsport.com
Popular On IndyCarToday.com
Ganassi finalizes IndyCar lineup, confirms Kyffin...
Chip Ganassi Racing announced its full 2025 IndyCar line-up on Wednesday,...
1d ago from MotorsportWeek.c...
O’Ward sees Arlington race as a test for the future...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing finalizes its 2025 lineups for...
No description available...
1d ago from Motorsport.com
McLaren Racing set for investment from Abu Dhabi-based...
McLaren Group's automotive sector is set for new investment from an...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Didier Auriol entering Rally Japan, first WRC start...
1994 World Rally Champion Didier Auriol will run the 2024 season finale in...
1d ago from TheCheckeredFlag...
Toyota to fight for WRC title without Rovanpera in...
No description available...
3d ago from Motorsport.com
Lancia launches its return to rally with Ypsilon Rally4
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Paul Merson predicts Manchester United vs Chelsea and...
No description available...
1h ago from SportsKeeda.com
Arsenal want PL midfielder, rivals unlikely to do deal...
No description available...
2h ago from SportsKeeda.com
Chris Wood, Bukayo Saka, Bryan Mbeumo head up Premier...
The Premier League releases its eight-man shortlist for October's Player...
3h ago from SportsMole.co.uk
Arsenal still keen on signing player who was linked...
No description available...
5h ago from SportsKeeda.com
Comments
Hottest News
Aston Martin announce NEW multi-year contract ahead of...
Aston Martin Formula 1 team have announced a... Read More »
2h ago from GPFans.com
F1 team announce 2025 driver lineup CHANGE
A Formula 1 team have announced a change to their... Read More »
11h ago from GPFans.com
Hamilton set for team SWITCH at Brazilian GP
Lewis Hamilton is set for a stunning team switch... Read More »
1h ago from GPFans.com