F1 budget - Page 5

Still three teams reject F1 budget cap raise

Apr.11 – Still three Formula 1 teams are now arguing against a move to raise the budget cap by $7 million. Red Bull’s Christian..

10 comments | 
11 Apr 2022

New money row brewing in F1 paddock

Apr.9 – A new financial row is brewing in the Formula 1 paddock. As previously reported, some teams are calling for an adjustment to..

5 comments | 
9 Apr 2022

Too soon for F1 to scrap DRS says FIA’s Tombazis

Apr.6 – Nikolas Tombazis admits that Formula 1 is not ready to dump the controversial ‘DRS’ system despite the apparent..

1 comment | 
6 Apr 2022

Budget cap hardest on Swiss Alfa Romeo F1 team

Apr.5 – Formula 1’s budget cap is harder on Swiss-based Alfa Romeo. That is the view of the Sauber-run team’s technical..

3 comments | 
5 Apr 2022

This season’s F1 development race already heating up

Mar.31 – A fierce development race is about to heat up in Formula 1. While that is nothing unusual for the sport, the all-new and..

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31 Mar 2022

Binotto says FIA must enforce F1 budget cap this season

Mar.30 – Mattia Binotto says Formula 1 needs to ensure that top teams are sticking with the budget cap rules. After the opening two..

24 comments | 
30 Mar 2022

F1 should respond to inflation crisis according Horner

Mar.14 – A global inflation crisis that has been worsened by the Russia-Ukraine conflict is expected to have an impact on Formula 1...

4 comments | 
14 Mar 2022

Marko hails Liberty for budget cap & Netflix

Feb.1 – Dr Helmut Marko has offered rare praise for the current commercial rights holders of Formula 1 – Liberty Media. The..

2 comments | 
1 Feb 2022

Porsche and Audi to settle final F1 decision later this month?

Nov.3 – Reports the Volkswagen Group will definitely enter Formula 1 in 2026 are gaining in strength by the day. Mercedes boss Toto..

4 comments | 
3 Nov 2021

Ferrari backs Red Bull over budget cap tweak

Aug.5 – Ferrari has joined Red Bull in arguing that the budget cap rules need a tweak. In Hungary, it wasn’t only both Red..

18 comments | 
5 Aug 2021

Mercedes team boss apologises to Red Bull Racing for Bottas’ crash

Aug.2 – “Taken out by a Mercedes – again.” That was how Max Verstappen reacted on Sunday after losing the lead of..

2 comments | 
2 Aug 2021

Domenicali comments on ‘super league’ situation

Apr.27 – Stefano Domenicali says the world of football might do well to look at how Formula 1 settled major political disputes in the..

1 comment | 
27 Apr 2021

Mercedes tackles F1 budget cap with new ‘Applied Science’ division

Mar.4 – A new division at Mercedes was set up to help the Formula 1 team tackle the new budget cap. At Ferrari, moves to support..

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4 Mar 2021

Ferrari not starting an Indycar program in the near future

Feb.5 – Ferrari has ruled out entering Indycar for now. Last year, the American series’ boss Roger Penske revealed that talks..

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5 Feb 2021

In the pitlane – Are the big paydays history?

As the world of F1 awaits news of Lewis Hamilton’s contract signing speculation mounts over his alleged pay demands which has inevitably..

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25 Jan 2021

McLaren selling one third of team for $245m

Dec.13 – McLaren is reportedly selling 33 percent of its famous Formula 1 team for some $245 million. The team has declined to..

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13 Dec 2020

Binotto: Ferrari’s Resta to Haas because of budget cap

Dec.8 – Mattia Binotto has admitted that designer Simone Resta’s move to Haas is connected with the budget cap rules that come..

1 comment | 
8 Dec 2020

Ferrari wants leniency as budget cap looms

Dec.2 – Ferrari is pushing for leniency as the budget cap looms for 2021. Big teams like Ferrari, with current budgets well above the..

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2 Dec 2020

F1 teams to ‘rotate’ engineers from 2021

Nov.9 – Even the smaller F1 teams will have to shake up their internal organisation to cope with the 23 scheduled grands prix next..

1 comment | 
10 Nov 2020

Daimler to slash Mercedes’ F1 budget

Oct.15 – Daimler, the dominant Mercedes team’s carmaker parent, intends to slash the amount of money it spends on Formula 1. It..

8 comments | 
15 Oct 2020

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