News Details
Steiner: 'The budget cap will hopefully attract new teams'
The Formula 1 teams have agreed to a budget cap that will need to be reduced a little further in the coming years. As a result, the large teams in particular should cut costs where the smaller teams have a better chance of getting closer to the top. The budget cap should also be a motivating factor for new parties to enter Formula 1, says Haas team boss Guenther Steiner at Sky Sports F1. New teams "For teams coming in, when a budget cap is discussed, there are always some people out there which think they can make money with it. It's still a very expensive sport. You still need to invest a lot of money to get somewhere", Steiner wants to indicate that it might not be...
Full Story »
Full Story »
5y ago from GPBlog.com
0
You May Also Be Interested In...
Steiner hopes budget cap attracts new manufacturers to...
Haas boss Guenther Steiner has expressed optimism that
Formula 1’s...
5y ago from MotorsportWeek.com
FIA sets up whistleblowers platform to regulate budget...
Formula 1's governing body has set up an online 24-hour ‘ethics and...
5y ago from GrandPrix247.com
F1 comes with a new package: Top teams from 2021 less...
Formula 1 has announced a new budget cap, but in addition to the...
5y ago from GPBlog.com
F1 Social Stint | Gasly shows new helmet design
For the time being, Formula 1 is at a standstill due to the coronavirus,...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
19h ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
1d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
2d ago from Motorsport.com
Fermin Aldeguer to attempt MotoGP comeback in Brazil...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
David Malukas earns Phoenix IndyCar pole as Will Power...
No description available...
9h ago from Motorsport.com
IndyCar's David Malukas eager to convert Phoenix pole...
No description available...
6h ago from Motorsport.com
IndyCar veterans praise Mick Schumacher for...
No description available...
7h ago from Motorsport.com
IndyCar Phoenix – Qualifying Results
IndyCar’s busy Friday continued with a single-car, two-lap qualifying...
8h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
1d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
3d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Saliba unlikely to play against...
No description available...
6h ago from SkySports.com
Report: West Ham land highly-rated youngster after his...
West Ham United have reportedly secured the services of the former Arsenal...
7h ago from CaughtOffside.com
FA Cup fifth round: things to look out for this weekend
nacho gets his chance to stake a claim, a big day for Port Vale and more...
7h ago from TheGuardian.com
Mikel Arteta keeps focus to ensure Stag party...
ager knows his quadruple-chasers have a target on their back in their FA...
7h ago from TheGuardian.com
Comments
Hottest News
2026 F1 Australian Grand Prix - Free Practice 3 results
Check out the full results from Free Practice 3... Read More »
2h ago from RacingNews365.com
LIVE: 2026 F1 Australian Grand Prix - Qualifying
Follow all the action from qualifying live as the... Read More »
1h ago from RacingNews365.com
Aston Martin crisis spirals AGAIN as Lance Stroll sits out...
Aston Martin's F1 crisis has deepened once again... Read More »
1h ago from GPFans.com
