News Details
Cost cap provides huge challenge for Mercedes – Allison
The new budget cap regulations for the 2021 Formula 1 season will provide a 'huge challenge' for Mercedes, according to Technical Director James Allison, given its prior use of resources. From this season Formula 1's 10 teams will run to a budget cap of $145m, albeit with some costs excluded, with external auditors enlisted to ensure no rules are broken. It will be the first time that Financial Regulations have been utilised in Formula 1. Mercedes has won seven successive titles and is among Formula 1's biggest spenders and says adapting to the new regulations will mean new ways of working. '2021 is a big year for the entire sport. It’s the first year of the new financial regulations,...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Budget Cap Introduction Prevented Haas Departure from...
Guenther Steiner believes the Haas F1 Team would have dropped off the grid...
5y ago from TheCheckeredFlag....
‘Without the budget cap I don't think we'd still be...
The introduction of the budget cap for teams should bring the grid closer...
5y ago from GPBlog.com
Haas would not be in F1 this year without budget cap -...
Guenther Steiner believes Haas would not be in Formula 1 this season if...
5y ago from GPFans.com
Capito: Budget cap a start, but not enough
Williams CEO Jost Capito believes Formula 1 must do more than just...
5y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP plans to introduce F1-style budget cap
No description available...
16h ago from Motorsport.com
What was behind Francesco Bagnaia’s worst MotoGP...
No description available...
1d ago from Motorsport.com
MotoGP will not rule out moving Qatar Grand Prix to...
No description available...
1d ago from Motorsport.com
MotoGP to hold 2027 season launch event in Brazil
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Foyt, Homes for Our Troops, and White House Historical...
No description available...
8h ago from Motorsport.com
First portion of 2027 IndyCar schedule confirmed
The NTT IndyCar Series has confirmed dates and locations for the first...
11h ago from MotorsportWeek.c...
FAA to halt flights at major D.C. airport ahead of...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
What to expect from WRC Rally Scotland after FIA test...
No description available...
2d ago from Motorsport.com
Thierry Neuville claims WRC Rally Finland was...
No description available...
6d ago from Motorsport.com
FIA sets deadline for WRC Saudi Arabia decision
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Sky Sports man confirms European heavyweights have...
Galatasaray have submitted an official 45 million (£38.5m) bid for...
6h ago from CaughtOffside.com
Guimaraes makes bow and Lewis-Skelly scores as Arsenal...
Bruno Guimaraes made his first appearance and Myles Lewis-Skelly scored...
6h ago from SkySports.com
'Such a big, influential player for them' - Ben Foster...
Former Manchester United custodian Ben Foster reckons he cannot understand...
11h ago from SportsKeeda.com
Comments
Hottest News
Lance Stroll tipped for stunning Aston Martin exit over...
Lance Stroll has been tipped to leave Aston... Read More »
7h ago from GPFans.com
George Russell opens up on sports psychologist and 'great'...
F1 star George Russell has opened up on working... Read More »
5h ago from GPFans.com
F1: Lowdon out at Cadillac
Just halfway through the season, former FIA man,... Read More »
8h ago from Pitpass.com
