Norbert Haug said he is proud Mercedes has reached the top of formula one in a short space of time and with a small budget. The German carmaker's works team is often... read more »

Lotus has become the second team to announce it would be happy to operate within a budget cap. A few years ago, former FIA president Max Mosley's push for teams to be... read more »

Apr.5 (GMM) Sauber is in a race for money after discovering its 2012 car is up to speed with F1's richest teams. As ever in formula one, world championships are won not... read more »

Sauber is in a race for money after discovering its 2012 car is up to speed with F1′s richest teams. As ever in Formula 1, world championships are won not on the... read more »

Sauber chief executive Monisha Kaltenborn has backed Bernie Ecclestone's calls for a budget cap, saying it would make the sport "more interesting"... read more »

Sauber CEO Monisha Kaltenborn has suggested that a budget cap with freedom for teams to allocate their spending could go some way to ending inequality in the top flight. read more »

A budget cap should be in place to prevent F1 running costs from spiralling out of control. That is the view of Sauber CEO Monisha Kaltenborn, with teams continuing to disagree... read more »

Sauber has added its support to renewed calls for a budget cap in Formula 1, with the team hoping that one can be in place as early as next season. read more »

Sauber CEO Monisha Kaltenborn believes a budget cap is necessary for Formula One to remain sustainable and argues it would make competition between the teams more interesting read more »

Marussia chiefs have backed Bernie Ecclestone's idea of returning to the concept of a budget cap in Formula 1 - but they think a move to customer cars would be a step too far read more »

Bernie Ecclestone has reopened the debate around budget caps, saying teams need to "learn to be competitive without tonnes of money"... read more »

F1 ringmaster Bernie Ecclestone has hinted at the introduction of a budget cap if spending in the sport continues to run out of control. read more »

Bernie Ecclestone, head of sporting commercial rights holder Formula One Management (FOM), has suggested that a budget cap should be seriously considered in order to provide F1... read more »

Formula 1 supremo Bernie Ecclestone says he is open to revisiting the idea of a budget cap for teams in the world championship - as he warned squads that they should... read more »

Bernie Ecclestone says he would be in support of a mandatory budget in Formula One to bring the biggest teams in line with the backmarkers read more »

As a grand prix team, Sauber is really quite astonishing. Every season – except for the BMW days – they operate on a budget that amounts to roughly £1.50 and continue to fight... read more »

Organisers of the European Grand Prix in Valencia are attempting to lower running costs of the race by negotiating with FOM head Bernie Ecclestone. As reports continues to... read more »

Vitantonio Liuzzi has still not received confirmation over his HRT drive for the 2012 F1 season. Since joining the Spanish squad, the Italian has insisted that his contact was... read more »

BusinessBook GP has published a report evaluating the return on investment of each F1 team that scored points during the 2011 season. The report calculates the ratio of the... read more »

The teams alliance FOTA looks set to dwindle to just seven members, as Sauber confirms it is pulling out amid speculation Toro Rosso will shortly follow. With HRT already a... read more »

Oct.18 (GMM) Ferrari has joined Red Bull in questioning the viability of the formula one teams alliance FOTA. Amid fears some teams are breaking the gentleman's... read more »

Oct.16 (GMM) The health of the formula one teams association seemed in danger on Sunday as a bosses meeting broke. FOTA has scheduled another meeting for Abu Dhabi next month... read more »

Oct.10 (GMM) Success is helping Red Bull to lower its formula one team budget, owner Dietrich Mateschitz revealed on Monday. The Austrian billionaire was speaking the day... read more »

Christian Horner has dismissed claims that Red Bull has been spending above and beyond the Resource Restriction Agreement read more »

Red Bull Racing team principal Christian Horner has rubbished fresh suggestions that his team breached the Resource Restriction Agreement last year, ahead of moves aimed at... read more »