News Details
Budget cap could help drive Mercedes into other series
The cost cutting that will be required because of the introduction of F1's budget cap in 2021 could mean Mercedes will diversify into other motorsport championships in the future. That's according to team principal Toto Wolff, who says that diversification might be the only way for large F1 teams like Mercedes and Ferrari to continue in their current form without having to let hundreds of key personel go. From next season, all teams will have to operate within a budget of $145 million, which will be progressively further lowered over the following seasons until it stabilises at $135 million for 2023-25. Wolff accepts the need for the reduced figures in the wake of the shock to the sport...
Full Story »
Full Story »
You May Also Be Interested In...
Off Camber: Daniel Abt, Lorenz Hörzing and...
Although motorsport has been on a COVID-19 inspired hiatus since March....
5y ago from GrandPrix247.com
Ecclestone doesn't support budget cap: 'It's been...
As of 2021 there will be a budget cap that Formula 1 teams will have to...
5y ago from GPBlog.com
Horner: 'F1 shouldn't become an accounting...
Last week the teams and Formula 1 agreed on the budget cap that will be...
5y ago from GPBlog.com
W Series scraps entire 2020 season due to pandemic
W Series announced on Thursday that it has canceled its entire 2020...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Why Dani Pedrosa won't replace Maverick Vinales at Le...
No description available...
7h ago from Motorsport.com
Toprak Razgatlioglu: Yamaha struggles make me think...
No description available...
12h ago from Motorsport.com
Andrea Iannone returns to MotoGP paddock in...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar officiating board helps shape Push to Pass...
IndyCar’s new Independent Officiating Board has made one of its first...
7h ago from MotorsportWeek.c...
IndyCar expands Push to Pass availability
The NTT IndyCar Series has announced a change to the series’ Push to...
8h ago from MotorsportWeek.c...
FOX unveils plan for 60 hours of Indy 500 coverage
No description available...
1d ago from Motorsport.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Ott Tanak can help Toyota's WRC 2027 car...
No description available...
11h ago from Motorsport.com
Why Hyundai’s WRC season “really starts” at...
No description available...
1d ago from Motorsport.com
M-Sport weighs up WRC new car build as all options...
No description available...
6d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'I can tell you' – Journalist confirms Man...
Manchester United are currently leading the race to sign Atalanta’s...
43m ago from CaughtOffside.com
Thierno Barry provides human touch with fresh twist in...
chester City did not choke at Everton to hand Arsenal the advantage but it...
1h ago from TheGuardian.com
Player ratings: Arsenal 1-0 Atletico Madrid
Arsenal reached the Champions League final for the first time in 20 years...
23m ago from FreshArsenal.com
Arsenal 1-0 Atlético Madrid (agg 2-1): Champions...
enal are in the Budapest final thanks to Bukayo Saka’s first-half goal
1h ago from TheGuardian.com
Comments
Hottest News
F1 News Today: Christian Horner return welcomed as Newey...
Christian Horner has been given an open... Read More »
2h ago from GPFans.com
Lewis Hamilton plays the 'shrimp', Aston Martin in 'a deep...
Last weekend's Miami Grand Prix saw Kimi... Read More »
2h ago from GPFans.com
Adrian Newey builds rocket ship faster than any F1 car, but...
Adrian Newey's F1 genius has contributed to a... Read More »
4h ago from GPFans.com
