McLaren team boss, Andreas Seidl admits that the only way his team can hope to take on the big three is by the introduction of a budget cap. read more »

McLaren team principal Andreas Seidl believes that McLaren can eventually compete with Mercedes, Ferrari, and Red Bull - but only when the 2021 budget cap is introduced. read more »

McLaren principal Andreas Seidl believes the budget cap is the "only way" McLaren can compete with the top three again. read more »

McLaren Formula 1 team principal Andreas Seidl says the championship's incoming budget cap is "the only way" his outfit can fight with Mercedes, Ferrari and Red... read more »

Max Mosley couldn't do it, but Chase Carey insists that his plan to introduce a budget cap to F1 will not only work but will be a success. read more »

Renault team principal Cyril Abiteboul says the proposed budget cap in Formula 1's 2021 regulations could bizarrely serve to see the French squad actually up their... read more »

In today's F1 Gossip, Alonso "open" to F1 return if he can win, Carey backs budget cap success and Magnussen calls out drivers wanting less downforce. read more »

McLaren chief Zak Brown believes that the proposed budget cap of $175 million for every team in Formula 1, per season, is still a lot of money, and believes that entertaining... read more »

Zak Brown has urged F1's powers-that-be to finalise plans for a budget cap in June, not October, saying the it needs to be done before "it's too late." read more »

Formula 1 teams are split on proposed changes to budgets in the sport, with new rules for 2021 supposed to be finalised by the end of June. read more »

The proposed Formula 1 budget cap to be introduced in 2021 has been set at $175million annually, according to Auto Motor und Sport. Liberty Media was determined to introduce... read more »

Bernie Ecclestone has backed Toto Wolff's position over the proposed Formula 1 budget cap. Amid tense negotiations between Liberty Media, the FIA and the teams over the... read more »

Cyril Abiteboul admits that, for Renault, the financial side of the post-2020 rules package takes precedence over the technical side. read more »

Renault team principal Cyril Abiteboul believes agreeing on a cost cap is more important than technical regulations for 2021. read more »

Renault chief Cyril Abiteboul says a budget cap is the key to reshaping Formula 1 beyond 2021, believing it has to be a "proper deterrent" in order to reduce levels... read more »

Mercedes team principal Toto Wolff has renewed the Silver Arrows' opposition to plans for Formula 1 teams to be subjected to budget caps in 2021. Liberty Media have sought... read more »

Ferrari's new management is making Formula 1 sporting chief Ross Brawn more optimistic that a revolution in prize money and budget regulations can be pushed through read more »

Ross Brawn insists that teams must allow F1 to deal with sport's core issues of a budget cap and fairer prize money split. read more »

Guenther Steiner believes Ferrari and Mercedes are onboard with the budget cap plans, something he feels is needed for the sport. read more »

Guenther Steiner believes that Mercedes and Ferrari are on board with plans to implement a cost cap in Formula 1 from 2021, as the Haas team boss is adamant that continued... read more »

Williams: External suppliers, budget not to blame for 2019 F1 car delay read more »

Williams has made it clear that the delayed build of its 2019 Formula 1 car was not caused by external suppliers being late or a lack of budget read more »

Ferrari will have a bigger budget in Formula 1 for 2019 as it continues to chase its first world championship since 2008. Scott Mitchell and Edd Straw join Glenn Freeman to... read more »

Ferrari are set to increase their Formula 1 budget in 2019 according to chairman and CEO, Louis Camilleri. read more »

Ferrari CEO Louis Camilleri has told investors that the company will be increasing its F1 budget as it eyes rules overhaul in 2021. read more »