News Details
Red Bull spend highlights budget-cap challenge
Red Bull’s F1 team spent slightly less money last year than in 2018 – but still face substantial cutbacks to comply with the FIA budget cap being introduced for 2021. Newly-released accounts, reported by Motorsport.com, reveal the Milton Keynes team spent £237.3m last year, a fall of £2.3m compared to the 2018 figure. It followed rises of £33.7m in 2017 and £12.9m in 2018. The figures reflect that last year the team switched from being a paying Renault engine customer to becoming the works team of Honda, with the change in the commercial terms of their power-unit deal effectively cancelling out the inevitable trend in rising expenditure in other areas. Like rivals Mercedes and...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Red Bull spent over $300-million for 2019 F1 campaign
Red Bull Racing spent £237.3 million ($304.84 million) in finishing...
5y ago from GrandPrix247.com
'Red Bull spends twice as much as the budget cap in...
From 2021, the new budget cap will apply to all Formula 1 teams and Red...
5y ago from GPBlog.com
Shwartzman, Ilott, Schumacher complete Fiorano test
Ferrari’s leading three junior drivers all got behind the wheel of the...
5y ago from MotorsportWeek.com
Grosjean sees FE, WEC as options if F1 stay ends
Romain Grosjean is eyeing a future in Formula E or the World Endurance...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez wins chaotic Jerez MotoGP Sprint despite...
Marc Marquez crashed but made the right strategy calls to prevail in the...
2h ago from MotorsportWeek.c...
Johann Zarco questions Marc Marquez over Jerez pitlane...
No description available...
1h ago from Motorsport.com
MotoGP Spanish GP: Marc Marquez wins chaotic sprint...
No description available...
2h ago from Motorsport.com
Former Red Bull F1 boss Christian Horner sparks...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
21h ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
3d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
3d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Oliver Solberg closes on Sebastien...
No description available...
3h ago from Motorsport.com
Sebastien Ogier goes all out on asphalt attack
Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...
21h ago from MotorsportWeek.c...
WRC Canary Islands: Sebastien Ogier leads as Toyota...
No description available...
18h ago from Motorsport.com
Dani Sordo reacts to interest from WRC’s newest...
No description available...
23h ago from Motorsport.com
Popular On GunnersToday.com
Major boost for Arsenal as 11 G/A Atletico Madrid star...
Arsenal could reportedly be handed a major boost for their Champions...
2h ago from CaughtOffside.com
Contact made: Arsenal working on signing CL opponent...
Arsenal have reportedly already established contact with the...
3h ago from CaughtOffside.com
'It's a shame they're both depending on each other' -...
Chelsea hero Ruud Gullit has refused to name Arsenal among the favorites...
4h ago from SportsKeeda.com
Sources: Arsenal 'like' Real Madrid star facing...
Arsenal are keeping an eye on Endrick’s situation as there’s the...
5h ago from CaughtOffside.com
Comments
Hottest News
F1 icon reveals Red Bull's heartwarming gesture to bereaved...
F1 icon and former Red Bull star David Coulthard... Read More »
2h ago from GPFans.com
F1 Schedule: Miami Grand Prix times and running order with...
F1 finally returns to action at the Miami Grand... Read More »
1h ago from GPFans.com
F1 Tickets: The definitive guide to 2026 prices, and the...
The F1 championship hit a brief pause after just... Read More »
3h ago from GPFans.com
