Change mode menu

Latest F1 news about: Budget

15

Wolff: Motorsport has to reduce entry-level costs

46 minutes ago

from: MotorSportWeek.com

( 41 views )

Mercedes boss Toto Wolff believes motorsport has to become "much more affordable" at every level, in the wake of Formula 1 introducing a budget cap. Formula 1 chiefs... read more »

2

Horner wary of ‘accounting world championship’

1 day 5 hours ago

from: PlanetF1.com

( 103 views )

Although Christian Horner says F1 will be "stronger" for the budget cap, he fears the sport could descend into an "accounting world championship". read more »

15

The era of ‘big teams’ dominating Formula 1 is over - Racing Point

2 days 20 hours ago

from: MotorSportWeek.com

( 127 views )

Racing Point Technical Director Andrew Green has likened the ‘big three’ Formula 1 teams to dinosaurs, saying they will need to adapt to a new world if they’re to survive.... read more »

2

Budget cap irrelevant to Haas’ future

3 days 21 hours ago

from: PlanetF1.com

( 147 views )

Haas principal Guenther Steiner says the team's owner Gene Haas will decide whether or not to stay in F1 based on the new commercial agreement, not a budget cap. read more »

2

Steiner: Budget cap could have gone further

5 days 16 minutes ago

from: PlanetF1.com

( 141 views )

Haas team principal Guenther Steiner is glad that a revised budget cap has been agreed, but thought it could have been lower still. read more »

2

‘F1 budget cap battle was complete rubbish’

6 days 4 minutes ago

from: PlanetF1.com

( 149 views )

Arguing for weeks over $5 million, Bernie Ecclestone feels F1's budget cap battle has been "complete rubbish". read more »

35

Budget cap encourages Renault to remain in Formula 1

6 days 2 hours ago

from: GPfans.com

( 113 views )

Renault has doubled down on their commitment to Formula 1, citing the new regulations and budget cap as major factors in the decision. read more »

1

McLaren: Massive and painful task to hit F1 budget cap

7 days 3 hours ago

from: Autosport.com

( 113 views )

McLaren believes the 'massive and painful task' of cutting spending and reducing its staff numbers to get under Formula 1's budget cap level is the price to be... read more »

15

McLaren braced for painful restructuring amid cost cap

7 days 4 hours ago

from: MotorSportWeek.com

( 115 views )

McLaren has backed the changes made to Formula 1's Financial Regulations but says the restructure will lead to the "painful task" of reducing headcount. Formula... read more »

3

F1 to have sliding development scale, $145m budget cap from 2021

7 days 16 hours ago

from: EspnF1.com

( 152 views )

Formula One's post-coronavirus future took shape on Thursday after racing's governing body, the FIA, ratified several unprecedented measures in the technical and... read more »

15

FIA ratifies reduced budget cap for 2021, further cut from 2022

7 days 16 hours ago

from: MotorSportWeek.com

( 157 views )

Formula 1's budget cap has been reduced for the 2021 season following a unanimous agreement between all 10 teams, the FIA's World Motor Sport Council confirmed on... read more »

30

F1's big cost-cutting changes approved

7 days 17 hours ago

from: SkySports.com/F1

( 187 views )

F1's big and wide-ranging package of cost-cutting measures - headlined by a tighter budget cap - have been approved from 2021 onwards as the sport bids to become more... read more »

6

McLaren restructures its company

7 days 17 hours ago

from: F1Technical.net

( 156 views )

McLaren is set to slash 1,200 jobs across their technology, automotive and racing businesses in light of the coronavirus crisis and in response tot he introduction of a budget... read more »

2

Steiner: Budget cap has saved some small teams

7 days 21 hours ago

from: PlanetF1.com

( 137 views )

Formula 1 not only avoided losing a few of its smaller teams by cutting the budget cap but will also be "more interesting" to manufacturers. read more »

1

Involvement now "pretty clear cut" for manufacturers, says Haas boss

8 days 19 hours ago

from: Autosport.com

( 183 views )

Haas team principal Gunther Steiner believes the reduced Formula 1 budget cap from 2021 will make involvement in the series a "clear cut" decision for interested... read more »

15

Steiner hopes budget cap attracts new manufacturers to F1

9 days 1 hour ago

from: MotorSportWeek.com

( 159 views )

Haas boss Guenther Steiner has expressed optimism that Formula 1's impending budget cap will make the sport a more attractive proposition for manufacturers. Formula 1 has... read more »

2

Teams agree new budget cap and cost-cutting deal

12 days 2 hours ago

from: PlanetF1.com

( 147 views )

Formula 1 teams have agreed to reduce the upcoming budget cap to $145 million (119 million pounds) for 2021, according to the BBC. read more »

5

Teams agree on $145m budget cap

12 days 3 hours ago

from: Pitpass.com

( 148 views )

All ten teams have agreed to a $145m budget cap, which, subject to ratification by the WMSC, will be introduced next year. read more »

2

Abiteboul: F1 needs to include salaries in the cap

13 days 6 hours ago

from: PlanetF1.com

( 139 views )

Renault Formula 1 chief Cyril Abiteboul says Formula 1 is debating whether to add drivers' salaries to future budget caps. read more »

5

Brown: Engines and driver salaries should be included in budget

15 days 10 minutes ago

from: Pitpass.com

( 150 views )

"He who is smartest, wins, whereas now it is he who spends the most wins," says Zak Brown as he calls for engine costs and driver salaries to be included in the... read more »

2

Todt doesn’t ‘fear’ Ferrari vetoing cap

15 days 1 hour ago

from: PlanetF1.com

( 149 views )

Jean Todt doesn't have "any fears" that Ferrari will use its veto to prevent Formula 1 lowering the budget cap. read more »

30

Todt on F1 safety plans, budget cap, and Vettel

15 days 21 hours ago

from: SkySports.com/F1

( 207 views )

Formula 1's governing body has learned from the season's aborted opening event, so that Austria, unlike Australia, would go ahead even amid positive COVID-19 tests. read more »

29

Ferrari confirm evaluations for 2022 IndyCar entry

19 days 21 hours ago

from: TheCheckeredFlag.co.uk

( 186 views )

Scuderia Ferrari's Team Principal, Mattia Binotto, has stated that the team are evaluating a potential entry into the NTT IndyCar Series as a result of Formula 1's... read more »

3

Ferrari considering IndyCar entry after F1 budget cap plans

19 days 21 hours ago

from: EspnF1.com

( 251 views )

Ferrari is considering entering IndyCar in 2022 as it reacts to Formula One's plans to introduce a $145 million budget cap. read more »

2

Ferrari ‘looking at IndyCar’ to avoid job losses

20 days 3 hours ago

from: PlanetF1.com

( 124 views )

Ferrari could enter IndyCar as the Scuderia looks at ways to avoid massive job losses in the wake of F1's reduced budget cap. read more »