F1 budget - Page 6

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..

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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..

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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

Sainz: Richest team ‘will always win’ in current F1

Sep.14 – Carlos Sainz has admitted to “frustration” that the current situation in Formula 1 means that the richest team..

1 comment | 
14 Sep 2020

Todt happy to see big teams expand beyond F1

Jun.16 – Jean Todt has welcomed news that Ferrari and Mercedes are looking into expanding beyond Formula 1. The FIA president said..

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16 Jun 2020

Green: 2021 Budget cap must give top teams ‘headache’

Jun.15 – Those in charge of F1’s biggest budget teams must be suffering from a “massive headache”, according to..

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15 Jun 2020

Marko: Budget cap ‘loopholes’ for McLaren

Jun.3 – McLaren could be a winner of the budget cap measures set to take effect next year. That is the view of Red Bull official Dr..

1 comment | 
3 Jun 2020

Binotto: Giovinazzi not yet ready for Ferrari

A Ferrari race seat would have been “too much responsibility” for Antonio Giovinazzi. Those are the words of team boss Mattia..

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15 May 2020

Marko rejects Ricciardo & Horner rumours

Dr Helmut Marko has played down suggestions Daniel Ricciardo could return to Red Bull Racing in 2021. Australian Ricciardo, whose Renault..

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12 May 2020

Hulkenberg eyes racing outside of F1

Nico Hulkenberg says he might return to racing – even if it is not Formula 1. “It depends on the sporting perspective,”..

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Andretti: Ferrari should enter Indycar

Ferrari should consider entering the Indycar championship. That is the view of Mario Andretti, a legend of both the top category of..

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11 May 2020

Magnussen: Crisis could keep Haas in F1

Kevin Magnussen has played down fears Haas team owner Gene Haas could be poised to pull the pin on his Formula 1 project. Speculation Haas..

1 comment | 
4 May 2020

Peter Windsor: The Racer’s Edge – Ep06

 Peter Windsor talks to viewers about all things F1 and beyond. In this episode, the subjects include: F1 racing behind closed doors;..

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1 May 2020

Schumacher: Inflexible Ferrari ‘should leave F1’

Ferrari should leave Formula 1 if it is not willing to drastically reduce costs amid the corona crisis. That is the view not only of..

5 comments | 
28 Apr 2020

Report: Ferrari retains power of veto

Ferrari’s controversial veto remains intact, despite the FIA moving to make it easier to implement crucial rule changes amid the..

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27 Apr 2020

Marko: Wolff hits reverse over budget cap

Toto Wolff has “suddenly” hit reverse gear on a drastic reduction of the 2021 budget cap. That is the claim of Red Bull‘s..

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24 Apr 2020

Brown: Binotto ‘in denial’ over quit threat

Ferrari has moved to downplay boss Mattia Binotto’s warning that the Maranello team could pull out of Formula 1. Binotto had warned..

6 comments | 

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