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Latest F1 news about: Budget

2

Daimler target profitable Mercedes F1 team

12 hours 50 minutes ago

from: PlanetF1.com

( 122 views )

Daimler chairman Ola Kallenius hopes INEOS's investment, combined with the budget cap, will turn Mercedes F1 into a money-making franchise. read more »

2

Ferrari want staff reduction deadline reviewed

16 days 14 hours ago

from: PlanetF1.com

( 226 views )

Due to the pandemic, Ferrari team principal Mattia Binotto thinks that the staff cuts under the new F1 budget cap must be reviewed. read more »

35

McLaren investors MSP "bet" on franchise value created by F1 budget cap

21 days 13 hours ago

from: GPfans.com

( 325 views )

MSP Sports Capital principal Jeff Moorad has described the company's investment in McLaren Racing as a "bet" with the incoming budget cap expected to increase... read more »

35

FIA appoint top British barrister and PSG secretary general to oversee budget cap

about 1 month ago

from: GPfans.com

( 293 views )

The FIA has appointed a British barrister, a senior sports lawyer from Australia and the secretary-general of Paris St Germain to adjudicate over the incoming budget cap from... read more »

1

Ferrari wants F1's "soft landing" for budget cap extended during COVID pandemic

about 1 month ago

from: Autosport.com

( 229 views )

Ferrari boss Mattia Binotto wants an extension of the "soft landing" that gives Formula 1 teams more time to adjust to the budget cap read more »

2

Cost cap causing Mercedes much ‘difficulty’

2 months ago

from: PlanetF1.com

( 173 views )

James Allison has admitted the budget cap being introduced to F1 for next season is causing Mercedes "considerable difficulty". read more »

2

Teams need more staff not cuts for 2021

2 months ago

from: PlanetF1.com

( 187 views )

Despite the upcoming budget cap AlphaTauri boss Franz Tost says teams will need more staff to cope with a 23-race calendar in 2021. read more »

15

F1 set to introduce driver salary cap in 2023

3 months ago

from: MotorSportWeek.com

( 201 views )

Formula 1 is poised to introduce salary caps in 2023 as part of the wider cost saving measures being implemented in the coming seasons. The exact number has not yet been... read more »

35

Williams aiming to run at $145million budget cap limit in 2021

3 months ago

from: GPfans.com

( 213 views )

Williams acting team principal Simon Roberts has confirmed the bottom-of-the-table team will spend all the regulations allow to climb the order in 2021. read more »

2

Welcome boost for Williams ahead of cost cap

4 months ago

from: PlanetF1.com

( 289 views )

Williams will be in a position to operate near to the 2021 budget cap limit following the successful takeover from Dorilton Capital. read more »

2

Red Bull spend highlights budget-cap challenge

4 months ago

from: PlanetF1.com

( 308 views )

Red Bull's F1 team spent slightly less money last year than in 2018 - but still face substantial cutbacks to comply with the FIA budget cap being introduced for 2021. read more »

35

Ferrari forced to compromise over budget cap "soft landing"

4 months ago

from: GPfans.com

( 288 views )

Ferrari team principal Mattia Binotto has revealed the Scuderia was forced to accept a compromise over the "soft landing" procedure within the budget cap that assists... read more »

2

FIA ‘on top’ of spare parts budget cap cheat

4 months ago

from: PlanetF1.com

( 308 views )

McLaren Racing CEO Zak Brown says the FIA are aware that teams could try and stockpile new parts to bypass the 2021 budget cap. read more »

2

Horner: Red Bull working on new projects

4 months ago

from: PlanetF1.com

( 353 views )

Christian Horner has revealed that Red Bull staff affected by F1's incoming budget cap are already being allocated to new projects. read more »

2

Ferrari explain ‘soft landing’ from budget cap

4 months ago

from: PlanetF1.com

( 318 views )

Ferrari have provided details of the 'soft landing' Formula 1 teams can offer to staff affected by the budget cap being introduced into the sport next year. read more »

35

Formula 1 teams issued warning over "stockpiling" plans

4 months ago

from: GPfans.com

( 268 views )

McLaren CEO Zak Brown is confident the FIA is on top of the issue of stockpiling parts ahead of the introduction of the budget cap in 2021. read more »

5

Teams warned on 'stockpiling'

4 months ago

from: Pitpass.com

( 251 views )

With the budget cap due to be introduced next year, and teams likely to seek out various forms of creative accounting in a bid to circumvent the rules, the FIA has warned them... read more »

1

FIA warns F1 teams over stockpiling rules loophole

4 months ago

from: Autosport.com

( 213 views )

Formula 1 teams have been warned they will not be allowed to exploit a 'stockpiling' loophole in the budget cap to help them trim spending next season read more »

15

Mercedes agreed to some compromises in new Concorde Agreement

5 months ago

from: MotorSportWeek.com

( 212 views )

Mercedes signed up to Formula 1's new Concorde Agreement while accepting some compromises, says its team principal Toto Wolff. Last week, F1 announced that all ten teams... read more »

9

Steiner: Budget cap was key to Haas remaining in F1

5 months ago

from: Crash.Net

( 313 views )

Haas team principal Guenther Steiner says Gene Haas' belief in F1's future direction and major upcoming rule changes were vital to committing to the sport. read more »

5

Budget cap key to Haas remaining in F1

5 months ago

from: Pitpass.com

( 193 views )

Haas team boss, Guenther Steiner admits that the budget cap was key when Gene Haas committed to the latest Concorde Agreement. read more »

2

Storey plans £50m Sunderland splurge

6 months ago

from: PlanetF1.com

( 471 views )

Rich Energy owner, William Storey, has continued to raise eyebrows as he sets out an ambitious £50million transfer budget if his Sunderland takeover is successful. read more »

2

Salary cap wouldn’t force superstars out of F1

6 months ago

from: PlanetF1.com

( 278 views )

As Formula 1 debates including drivers' salaries in the budget cap, team bosses have rubbishes suggestions it could force superstar drivers to look elsewhere. read more »

5

Team bosses believe drivers should be included in budget cap

6 months ago

from: Pitpass.com

( 354 views )

Team bosses believe that as "performance differentiators", drivers salaries should be included in the $145m cap. read more »

35

No reason not to include driver salaries in budget cap - Steiner

6 months ago

from: GPfans.com

( 232 views )

Haas team principal Guenther Steiner sees no reason why driver salaries could not be incorporated into the Formula 1 budget cap in future years. read more »