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...
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