Ferrari's Laurent Mekies warns that the budget cap will limit the amount of updates teams can introduce over the course of the season. read more »
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Last season most F1 teams halted any development push on their 2021 cars early in a bid to get ahead of the game for this year's all-new technical regulations.While 2021... read more »
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James Key doesn't expect teams to "push the envelope" in 2022 given the new regulations and the budget cap. read more »
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Needing budget to switch GP2 teams in 2016, Pierre Gasly was the victim of an attempted scam by a fake sponsor. read more »
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Speaking in response to a question at the Abu Dhabi Grand Prix, Gasly recollected that one of the biggest adventures of his life came when he was chasing a budget to race in... read more »
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Mazepin, who owns the Uralkali company that is title sponsor of Haas, has offered to fund an incentive programme to help encourage staff to stay on board for next year.Rather... read more »
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The Italian has lost his seat for 2022 to well-funded Chinese driver Guanyu Zhou, who is making the step up from Formula 2 to be Valtteri Bottas' teammate.Zhou's... read more »
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Christian Horner feels Formula 1 should not place all policing of engine testing from 2026 on the budget cap. read more »
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At the recent US GP team bosses noted that their organisations are set to become more profitable, thanks in large part to the introduction of the budget cap in 2021, which has... read more »
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The UK government finance minister Rishi Sunak announced in the autumn budget statement to parliament that the government intended to fund the Hebrides X-Prix. read more »
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The 20-year-old American finished third in last year's FIA Formula 3 championship, driving for Prema Racing, but was unable to move up to F2 for 2021 due to a lack of... read more »
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Sargeant, 20, finished third in last year's FIA Formula 3 championship, but was unable to move up the ladder due to a lack of budget, prompting him to return to the series... read more »
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Adrian Newey is worried about the "grey areas" in the budget cap and has put forward an alternative method he would prefer. read more »
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Formula 1 teams will benefit to the tune of $1.2m under the budget-cap rules due to the cancellation of the Japanese Grand Prix. read more »
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Aston Martin team principal Otmar Szafnauer has revealed crash allowances were discussed ahead of the addition of a budget cap by all F1 teams. read more »
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After a one-year delay F1 will introduce a brand-new set of regulations featuring cars that generate more downforce from the floor and are therefore more racy and less reliant... read more »
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Haas principal Guenther Steiner says Ferrari were "very helpful" in sending their staff to support the team as part of their restructuring. read more »
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Ahead of the new technical regulations for 2022, the team owned by American industrialist Gene Haas decided to start with a clean slate this year. Reluctant to keep pumping... read more »
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Red Bull team principal Christian Horner has conceded recent incidents will 'certainly not help' the team in a budget-cap scenario. read more »
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Haas team principal Guenther Steiner is confident F1's budget cap will 'level out' the playing field as the sport heads into a new aerodynamic era. read more »
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Revealing that crashes, such as that at the Hungaroring, have cost Ferrari 2.5m so far this season, Mattia Binotto joins Christian Horner in questioning the budget cap. read more »
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With Ferrari racking up €2.5m worth of damage this year, Mattia Binotto is starting to feel such costs should be left out of the budget cap. read more »
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Ferrari’s veteran engineer Jock Clear believes the level of competition going into the 2022 Formula One season will be ‘desperately close’. In 2022 Formula 1 will introduce... read more »
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Guenther Steiner won't join Red Bull in calling for a rethink of the cap, saying it is "good management" factoring in the cost of crashes. read more »
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Ferrari team principal Mattia Binotto believes there needs to be a radical solution to crash expenses now that Formula 1 is operating under a budget cap. Red Bull has been... read more »