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Latest F1 news about: Budget

1

Three F1 teams voted against sporting penalties for budget cap breaches

over 3 years ago

from: Autosport.com

( 649 views )

F1 introduced a new $145 million budget cap for the 2021 season, policed by an all-new set of financial regulations that worked alongside the sporting and technical... read more »

15

Financial allowances for Formula 1’s Sprint Qualifying trial revealed

over 3 years ago

from: MotorSportWeek.com

( 737 views )

Formula 1’s budget cap regulations have been amended in light of Sprint Qualifying getting the green light for inclusion at three races this season. The championship is... read more »

35

F1 "must" rein in driver salaries to "level playing field" - Brown

over 3 years ago

from: GPfans.com

( 834 views )

McLaren Racing CEO Zak Brown has declared F1 "must" alter the budget cap to include driver salaries to truly 'level the playing field'. read more »

5

Title fight to be about "marginal gains", says Horner

over 3 years ago

from: Pitpass.com

( 716 views )

Christian Horner believes the 2021 title fight will be decided by reliability, the constraints of the budget cap and marginal gains. read more »

35

McLaren not ruled by crash-cost fears - Seidl

over 3 years ago

from: GPfans.com

( 499 views )

McLaren team principal Andreas Seidl has insisted the strain of F1's budget cap will not change the team's approach to race weekends. read more »

1

Shovlin: Cost cap makes big accidents "quite a concern"

over 3 years ago

from: Autosport.com

( 982 views )

This year F1 introduced an annual $145 million cost cap, followed by a further $5 million year-on-year reduction in subsequent seasons.The cap meant F1's largest teams... read more »

2

Sprint race payout means budget cap already failing

over 3 years ago

from: PlanetF1.com

( 575 views )

With the news that teams will receive an extra payment to cover the costs of sprint race damage, it is a hit for the fledgling budget cap. read more »

5

Horner admits that reducing head count was "tough"

over 3 years ago

from: Pitpass.com

( 965 views )

Christian Horner has admitted that 'losing' members of staff in order to meet the budget cap was "tough" and caused the team "pain". read more »

2

Red Bull long-term staff redundancies ‘painful’

over 3 years ago

from: PlanetF1.com

( 677 views )

Red Bull boss Christian Horner discussed the mammoth task of falling within the budget cap, which has forced painful staff cuts. read more »

1

Horner: Cost of F1 sprint races "needs to be accommodated" in budget cap

over 3 years ago

from: Autosport.com

( 951 views )

F1 bosses want to trial a sprint qualifying format at three races this season to see what impact it has on the television spectacle and the experience for fans at the track.The... read more »

2

Horner: Budget cap has posed ‘significant’ challenges

over 3 years ago

from: PlanetF1.com

( 601 views )

Christian Horner says that it has been a big challenge for Red Bull to adapt following the introduction of the budget cap. read more »

1

Meeting new F1 budget cap a "significant challenge" for Red Bull

over 3 years ago

from: Autosport.com

( 1020 views )

F1 teams will operate under strict financial regulations for the first time in the series' history this year after moving to curb costs to become more sustainable.In the... read more »

2

AlphaTauri ‘working hard’ to reach budget cap level

over 3 years ago

from: PlanetF1.com

( 558 views )

AlphaTauri technical director Jody Egginton said that his team are "working hard" to reach budget cap level. read more »

2

‘Ferrari structure had to change under cost cap’

over 3 years ago

from: PlanetF1.com

( 563 views )

Ferrari sporting director Laurent Mekies said the new Formula 1 budget cap made the team's structure redundant. read more »

35

F1 budget cap has delivered "a serious impact" on costs - Horner

over 3 years ago

from: GPfans.com

( 815 views )

Red Bull team principal Christian Horner believes the new budget cap introduced into Formula 1 this season has already posed a "significant challenge" for all the teams. read more »

2

Cost cap a stumbling block for Sprint Qualifying

over 3 years ago

from: PlanetF1.com

( 499 views )

Teams have expressed doubt over the Sprint Qualifying plans due to the budget cap which is now in play, according to a report. read more »

15

Ferrari: Limit to speed of team’s Formula 1 recovery

over 3 years ago

from: MotorSportWeek.com

( 730 views )

Ferrari has warned that the budget cap and stable technical regulations means there is a "limit" to how much it can recover in Formula 1 this year. Ferrari slumped to... read more »

2

Wolff: Budget cap has improved Mercedes

over 3 years ago

from: PlanetF1.com

( 504 views )

Rather than slow them down, Mercedes boss Toto Wolff says the new budget cap has actually made his team better. read more »

2

Haas now have ‘10%’ spending deficit, not ‘100%’

over 3 years ago

from: PlanetF1.com

( 524 views )

With the new budget cap now in play, Haas boss Guenther Steiner says his team are spending 10% less than the other teams, rather than 100%. read more »

2

Wolff: Succeeding in F1 not just about money

over 3 years ago

from: PlanetF1.com

( 535 views )

Discussing the budget cap, Toto Wolff says that having a lot of money doesn't guarantee that teams will be successful in Formula 1. read more »

1

How Mercedes could actually benefit from F1's budget cap

over 3 years ago

from: Autosport.com

( 1092 views )

Along with sustainability a key aim of Formula 1's budget cap is to rein in the performance of the top teams by levelling the playing field.And yet in typical glass-full... read more »

1

Steiner: F1 can react quickly if further cost cuts are required

over 3 years ago

from: Autosport.com

( 731 views )

During last year's spring shutdown F1 took a series of emergency measures, including postponing of the new regulations by a year, freezing chassis components for 2021, and... read more »

35

Ferrari WEC hypercar project NOT the result of F1 budget cap

over 3 years ago

from: GPfans.com

( 711 views )

Mattia Binotto has denied that Ferrari's decision to enter the new World Endurance Championship hypercar category is a reaction to the introduction of the Formula 1 budget... read more »

35

F1 budget cap will stop simultaneous car development - Alfa Romeo

over 3 years ago

from: GPfans.com

( 690 views )

Alfa Romeo technical director Jan Monchaux believes the introduction of a budget cap to Formula 1 this season will eliminate a year-long simultaneous development of two cars. read more »

15

Alfa Romeo expects cost cap impact to take time

over 3 years ago

from: MotorSportWeek.com

( 672 views )

Alfa Romeo's technical chief believes it will take "two or three years" before the impact of the new cost cap is fully felt in Formula 1. Formula 1 is... read more »