News Details

Marko: I hope F1 doesn't become an accountant's championship

Helmut Marko shed light on how Formula 1 teams work under the budget cap, while warning that the sport must not become an accountant's world championship. With F1 cost control regulations in place – granting teams about $150-million (depending on how many races etc) to use during a season campaign – means the ‘no-expenses-spared-throw-money-at-it' ethos of the past is gone. These days every dime spent has to be accounted for as per the FIA F1 regulations and that comes with an all-new band of players – the Accountants. To cater for this, speaking to Motorsport-Total, Marko revealed how Red Bull are tackling the new era: 'Our finance department has been expanded...
Full Story »
5mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

‘It's the opposite': Lando Norris addresses...

It's been a mixed first half of the season for the McLaren F1 Team, with...
5mo ago from Formula1News.co.uk

‘We really feel sorry for them': Helmut Marko...

Red Bull Racing have taken a monster lead into the summer break, with the...
5mo ago from Formula1News.co.uk

Mattia Binotto reveals if ‘powerful but...

It's been a frustrating first half of the season for Scuderia Ferrari,...
5mo ago from Formula1News.co.uk

‘He’s not stupid': Ex-F1 driver reacts to...

Charles Leclerc has been one of the star performers of 2022 so far,...
5mo ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Team Penske extends long-running Verizon partnership

Team Penske announced Tuesday that it has extended its longtime...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Huge' - Charles Watts drops exciting Arsenal claim;...

Journalist Charles Watts has suggested that revenue from the Champions...
57m ago from FootballFancast....

Mikel Arteta 'directly involved in Declan Rice Arsenal...

Arsenal manager Mikel Arteta is reportedly directly involved in talks for...
2h ago from SportsMole.co.uk

Arteta could unearth the new Saka in 'skilful' Arsenal...

Arsenal tasted defeat for just the second time in the Premier League,...

Comments

Hottest News

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.