F1 budget - Page 11

Sauber says Mosley’s budget cap ‘good idea’

Sauber has backed former FIA president Max Mosley’s renewed call for a budget cap in formula one. Earlier this week, ahead of the..

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1 May 2015

Wurz backs Sauber over engine cost limits

GPDA chief Alex Wurz has backed Sauber over the future direction of F1’s engine rules. Former Williams driver Wurz, now chairman of..

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23 Apr 2015

Grosjean: Palmer at Lotus to ‘finance team budget’

As Romain Grosjean sat out Friday practice early in Shanghai, he said he understands the financial pressures on F1 teams. Temporarily in..

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10 Apr 2015

Manor heads for Melbourne with $92m budget

Mar.5- Set to race as ‘Manor Marussia’, the backmarker almost collapsed but will return with a $92 million budget in 2015, it..

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5 Mar 2015

Dennis defends opposition to FIA cost-cutting

Ron Dennis has defended his opposition to centralised cost-cutting in formula one. After Tuesday’s meeting of the F1 Commission in..

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19 Feb 2015

Report: FIA study shows F1 costs could be halved

A study commissioned by the FIA reportedly shows that costs in formula one could be halved without hurting the ‘show’. With..

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17 Feb 2015

Todt: F1 Teams cost saving proposals are ridiculous

Jean Todt has slammed as “a joke” the initial cost-saving proposals put forward by formula one teams. The powerful..

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13 May 2014

Small teams want mid-season car spec ‘freeze’

F1’s smallest teams have proposed a mid-season development freeze to cut costs from 2015. After the powerful ‘Strategy..

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9 May 2014

Lopez: Lotus bullied over budget cap axe

Lotus team owner Gerard Lopez on Sunday indicated he was unhappy to have joined the opposition against the introduction of budget caps. The..

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20 Apr 2014

F1 set for cost-cutting summit on 1 May

F1 will move to put cost-cutting efforts back on the agenda during a May 1 meeting. Earlier, it was reported FIA president Jean Todt was..

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Todt: F1 heading for EUR 150m budget cap

F1 is heading towards a budget cap of EUR 150 million per team for the 2015 season and beyond. FIA president Jean Todt said he is confident..

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4 Apr 2014

Lauda: Mercedes upped budget to succeed in F1

Niki Lauda has admitted Mercedes upped its F1 budget in the quest to chase down the sport’s top teams. As the German marque looks set..

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15 Mar 2014

F1 ‘cost cap’ coming in 2015 announced by FIA

A ‘cost cap’ in formula one is coming, the FIA said in a surprising announcement on Monday. Although many teams are facing..

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10 Dec 2013

Not sure about Lotus budget in place says Grosjean

Romain Grosjean has admitted he is not sure if Lotus‘ money problems have been solved. The Enstone based team had been delaying..

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2 Dec 2013

Ferrari – Reports of biggest F1 budget ‘fantasy’

Ferrari has hit back at reports in a famous British magazine that its budget is the highest in formula one. Autosport said Ferrari’s..

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27 Nov 2013

For DTM move Petrov ‘has the budget’

Vitaly Petrov has admitted he could switch to the German touring car series DTM in 2014. The Russian has been looking to return to formula..

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20 Nov 2013

Hulkenberg and budget boost by Lotus for 2014

A Lotus contract with Nico Hulkenberg‘s name on it will be signed at Enstone “either today or tomorrow”, the German..

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16 Oct 2013

Williams happy with ‘healthy budget’ for 2014

Williams Deputy boss Claire Williams insists she is “happy” with the Oxfordshire based team’s budget for 2014. Her..

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20 Aug 2013

Kaltenborn: Bigger budget would ease Sauber crisis

A bigger budget would help Sauber to emerge from its competitive crisis, team boss Monisha Kaltenborn has admitted. The grey C32s were off..

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12 Jun 2013

Russian F1 GP organiser goes bankrupt

A dark cloud has moved above next year’s inaugural Russian grand prix. Speed Week is reporting that the debt-ridden race organiser,..

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20 Mar 2013

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