With one of the smallest budgets in F1, Claire Williams says Williams would have benefitted from the budget cap coming into effect this season. read more »
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Racing Point believes it can become a thorn in the side of Formula 1's big budget teams this year and potentially emerge as "best of the rest" again read more »
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BMW will not be tempted back to Formula One for the first time since 2009 by the new regulations or the budget cap. read more »
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Ferrari president Louis Camilleri has said that the Scuderia will 'never give up' and are ''doubling up', developing the 2020 and 2021 cars... read more »
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Formula 1's budget cap for 2021 may be $175 million but that doesn't mean Haas will meet it, says team boss Guenther Steiner. read more »
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Former Formula 1 team owner Tony Fernandes has found himself caught up in a bribery scandal over Airbus’ sponsorship of his now defunct Caterham F1 team. Fernandes is the... read more »
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Zak Brown says the $175 million per season cap that comes into effect from 2021 will actually settle in only in 2022 or 2023 read more »
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McLaren are preparing for Formula 1's budget cap in 2021 by running this season's race programme at the limit of the cap. read more »
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Haas have been left counting the loss after a mid-season split with then title sponsor Rich Energy has significantly reduced the team's operating budget for 2020. read more »
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Former Formula One driver turned pundit Karun Chandhok hopes that the $175million budget cap for 2021 onwards will help to entice new teams into the sport. read more »
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Williams insists it has put in place a "healthy racing budget" for 2020, despite a drop in prize money earnings and lapse of some sponsorship deals read more »
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Claire Williams is unconcerned over Williams' 2020 racing budget despite the departure of a number of high profile sponsors on the back of a poor 2019 season. read more »
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Despite losing sponsors for the second successive season, Claire Williams insists that the legendary Grove outfit has no concerns over its racing budget for 2020. read more »
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Deputy team principal, Claire Williams, has revealed the team have a "healthy racing budget" for the upcoming 2020 Formula 1 season. read more »
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McLaren team principal Andreas Seidl has revealed that that his outfit will run at budget cap level from 2021 as they look to compete with F1's big boys once again. read more »
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Though McLaren will be able to achieve the $175m budget limit to be introduced in 2021, Andreas Seidl warns that his team must be "realistic" about the spending war... read more »
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McLaren boss Andrea Seidl says that his team will need to run at the full $175million budget cap to catch up with Mercedes, Ferrari and Red Bull in 2021. read more »
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McLaren F1 CEO Zak Brown believes the incoming budget cap will only settle down in the sport from 2022 or 2023. read more »
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McLaren Formula 1 boss Andrea Seidl says McLaren will try to match the top three teams in 2021 by running to the limit of the budget cap read more »
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Ferrari CEO Louis Camilleri has highlighted the importance of the budget cap introduction in Formula 1, warning that the sport will "slowly die" without one. read more »
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Ferrari CEO Louis Camilleri says his company's F1 team support the budget cap and have made "sacrifices" to help the smaller teams, because without doing so F1... read more »
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Ferrari believes Formula 1 needs to develop a stricter budget cap over time to reinforce the championship's economic viability, otherwise it is "slowly going to die" read more »
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Haas principal Guenther Steiner believes increasing the impending budget cap would cause problems, so stop crying about it. read more »
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Ferrari expect a "significantly more expensive" 2020 for their Formula 1 team, but plans are in place to up their investment before the 2021 budget cap. read more »
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Haas boss Guenther Steiner anticipates a major shuffle in F1 once the 2021 budget cap takes a grip read more »