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McLaren happy with team's budget cap management

Dec.8 Andreas Seidl is proud of the way McLaren handled the Formula 1 budget cap so far. While Red Bull copped penalties for a minor overspend, and Aston Martin was chided for a procedural breach, McLaren boss Seidl says it was smooth sailing for the Woking based team. 'We were in a position where we could continue to develop the car as far as Singapore,' he told motorsport-magazin.com. 'Thanks to the good work of our finance department, we were able to create a good basis in relation to the regulation of finances and determine how we want to deal with the budget cap as a team in the future,' the German added. 'Today, it's everyday business to see how we want to spend our money.' However,...
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