Teams to discuss lower 2021 budget cap
Formula 1 teams are vowing to be “flexible” in order to pave the way for a “recovery” from the coronavirus crisis...
F1 budget - Page 7
Domenicali: F1 must change to ‘save itself’
2020 will be a “year of transition” for Formula 1 as it works together to survive the global pandemic. That is the prediction..
F1 considers lowering $175m budget cap
As the coronavirus pandemic rules the world, F1 has a “historic opportunity” to drastically cut costs in Formula 1. That is the..
Lights Out – Chequebooks Out: Ferrari
In this series, I will look at the ownership and funding of the teams in F1 and maybe uncover a dark secret or two. Part 2: Scuderia..
Lights Out – Chequebooks Out – Mercedes
So, the start of a new season beckons and with 2020 the last year before the budget cap is introduced the teams have their chequebooks out...
Red Bull increases budget for 2020 season
Red Bull has upped its budget for 2020. Recently, Ferrari said that ahead of the $175 million budget cap for 2021, the Maranello team would..
Wolff: Mercedes wants F1 team to be ‘cost-neutral’
Toto Wolff wants Mercedes’ Formula 1 team to be “cost-neutral within the next two years”. Amid speculation the Daimler..
Camilleri: Ferrari to spend more money in 2020
Ferrari CEO Louis Camilleri says the Italian marque is prepared to spend more on Formula 1 ahead of the 2020 and 2021 seasons. Actually,..
Binotto: Pecking order to be similar in 2021
The pecking order in 2021 will “not be very different” to today, according to Ferrari team boss Mattia Binotto. The rules are..
Brown: McLaren ‘opportunity’ will come in 2022
Zak Brown thinks McLaren will have to wait until 2022 to get a shot at catching top teams Mercedes, Ferrari and Red Bull. The Woking based..
Villeneuve: Williams ‘do not deserve’ budget cap
Jacques Villeneuve says a team like Williams “do not deserve” a budget cap. The outspoken French Canadian is the last driver to..
Horner: 2020 to be F1’s most expensive year ‘ever’
Christian Horner thinks 2020 could be “the most expensive year ever in Formula 1“. The Red Bull-Honda team boss’ recent..
Marko: Top drivers big winners of F1 budget cap
The drivers could be the big financial winners of the newly-released rules for 2021. After a long and controversial period of uncertainty,..
Carey feels good about 2021 rules announcement
Chase Carey says his colleagues in charge of Formula 1 “feel good” about the crucial next few days. Thursday is the..
Ferrari to build new F1 simulator
Ferrari has decided to build a brand new F1 simulator at Maranello. Because it resembles the eight-legged arachnid, Ferrari’s current..
Zandvoort happy with minister’s support
Dutch GP race organisers are happy to receive the support of the national government. We reported this week that concerns about nitrogen..
Teams to undergo budget cap ‘dry run’ in 2020
Formula 1 will carry out a “dry run” of the new budget cap rules next year, CEO Chase Carey has revealed. Actually, the $175..
Todt: F1 may reduce budget cap number in future
Formula 1 will look to reduce the budget cap figure that will be introduced in 2021. FIA president Jean Todt admitted at Hockenheim that..
Rumour: Ferrari could veto 2021 budget cap
Claire Williams is not commenting on rumours that Ferrari may “veto” the 2021 budget cap. Although not yet announced, it is..
Seidl: F1 ‘must’ impose budget cap
F1’s proposed budget cap for 2021 “must become reality”. That is the view of Andreas Seidl, the new team boss at McLaren...
