News Details

New cost cap "a huge challenge" for Mercedes

This season, Formula 1 teams face a budget cap for the first time. The teams are allowed to spend a maximum of $145 million (not including certain costs such as the driver). Huge challenge For the smaller teams, the budget cap means little change, but for a team like Mercedes, it means significant cuts. "That has been a very interesting change here inside Mercedes, because we are one of the bigger teams in Formula 1 and so we had to figure out how we can operate our championship assault with far less financial resource than we might have had previously," technical director James Allison said in a video. Read more Technical director Mercedes: 'Asking ourselves 'have we forgetting...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Cost cap provides huge challenge for Mercedes –...

The new budget cap regulations for the 2021 Formula 1 season will provide...
5y ago from MotorsportWeek.com

McLaren Racing reports £71.4m loss in 2019, growth in...

McLaren Racing has reported a loss of £71.4 million during 2019 in its...
5y ago from GrandPrix247.com

Working group to investigate F1 driver salary cap

Formula 1 will create a working group, which will include drivers, in...
5y ago from MotorsportWeek.com

McLaren has found a remarkable way to cut costs

Formula 1 will begin their first year with a budget cap in 2021. This...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Trackhouse boss reveals steps MotoGP must take to...

Trackhouse owner Justin Marks has revealed how he plans to promote his...
13h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Thierry Neuville crashes out of Croatia lead in final...

A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...

Popular On GunnersToday.com

'Lack basic footballing IQ', 'Should feel so...

Arsenal fans are furious with Noni Madueke and Gabriel Martinelli despite...
3h ago from SportsKeeda.com

'Who cares what people think' – Arsenal star...

Arsenal secured their place in the Champions League semi-finals for the...
5h ago from CaughtOffside.com

‘Shattered’ Rice wows Arteta by getting off...

t;li>Captain’s brave display helps Arsenal reach semi-final‘We are...
4h ago from TheGuardian.com

Player ratings: Arsenal 0-0 Sporting (1-0 agg)

Arsenal reached the Champions League semi-final for consecutive seasons...
4h ago from FreshArsenal.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.