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 »
3y 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...
3y 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...
3y 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...
3y ago from GPFans.com
Capito: Budget cap a start, but not enough
Williams CEO Jost Capito believes Formula 1 must do more than just...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Alonso seals Mugello Moto3 win, Holgado punished for...
David Alonso edges out Colin Veijer to win his fifth Moto3 race of the...
1h ago from MotorsportWeek.c...
Espargaro set to become Honda MotoGP test rider
No description available...
2h ago from Motorsport.com
Acosta does not expect Marquez to join KTM; Ducati...
No description available...
1h ago from Motorsport.com
Popular On IndyCarToday.com
Team Penske extends Newgarden with long term contract
Team Penske announced on Saturday that it has extended its contract with...
14h ago from MotorsportWeek.c...
Legge and DCR trying to find the right balance for...
No description available...
1w ago from Motorsport.com
IndyCar Detroit – Qualifying Results
All 27 IndyCar drivers took to the streets of Detroit Saturday afternoon,...
17h ago from MotorsportWeek.c...
Ferrucci shoves Kirkwood in pitlane over “dickish”...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
Hyundai explains Tanak’s “be safe, not push it”...
No description available...
1h ago from Motorsport.com
WRC Rally Sardinia: Tanak slashes Ogier's lead,...
No description available...
2h ago from Motorsport.com
WRC signs 10-year Rally Saudi Arabia agreement
Yesterday, (Saturday), WRC Promoter officially announced a ground-breaking...
4h ago from MotorsportWeek.c...
Toyota: Evans "thinking too much" about WRC...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
Chelsea pushing hardest to sign striker Arsenal are...
Chelsea are reportedly pushing hardest to seal the transfer of RB Leipzig...
37m ago from CaughtOffside.com
Arsenal, Liverpool and Man United keen on 10-goal PL...
Aston Villa midfielder Douglas Luiz has been linked with a move away from...
1h ago from CaughtOffside.com
Transfer deadline could see Arsenal miss out on...
Arsenal have been heavily linked with a move for the Newcastle United...
1h ago from CaughtOffside.com
Exclusive: Enzo Maresca approves first Chelsea...
Chelsea's new manager Enzo Maresca has approved the signing of Tosin...
1h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Marko details 'unacceptable' Ricciardo...
Helmut Marko has provided his perspective on an... Read More »
57m ago from GPFans.com
Newey Ferrari signing completed amid Red Bull woes
Adrian Newey has completed a Ferrari signing... Read More »
2h ago from GPFans.com
Marko: Perez crash will cost Red Bull 2 or 3-million
Red Bull consultant Helmut Marko did the maths... Read More »
57m ago from GrandPrix247.com