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 »
Share

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...

‘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

Popular On IndyCarToday.com

IndyCar details engagement and viewership growth...

The NTT IndyCar Series has compiled a long list of figures that show...

Felix Rosenqvist likeness revealed for Borg-Warner...

2026 Indianapolis 500 winner Felix Rosenqvist got his first chance on...

Popular On TotalWRC.com

Esapekka Lappi calls it quits on his rallying career

After 95 WRC starts and two victories, as well as 15 podiums, Esapekka...

Popular On GunnersToday.com

Premier League so far: Writers' verdicts on Man Utd,...

Are Manchester City really title contenders? Is history repeating itself...
5h ago from SkySports.com

Should Rice have seen red for kick out on Yalcouye?!

Declan Rice received a yellow card for kicking out at Malick Yalcouye, but...
5h ago from SkySports.com

'Greek salad?!' | Tzolis answers the internet’s most...

Arsenal winger Christos Tzolis sits down with Joe Thomlinson to answer...
5h ago from SkySports.com

Liverpool vs Man Utd, Arsenal vs Man City live on Sky...

Liverpool vs Man Utd and Arsenal vs Man City are among the 18 Premier...
5h ago from SkySports.com

Comments

Hottest News

Details have emerged about F1's 2030 engines - and it's...

It's time for F1 fans to accept one simple fact.... Read More »
6h ago from GPFans.com

Red Bull F1 issue Liam Lawson statement

Red Bull have released a statement on New Zealand... Read More »
5h ago from GPFans.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.