F1 budget - Page 7

Abiteboul: No ‘two speed’ budget cap in 2021

F1 should not implement a ‘two speed’ budget cap next year, according to Renault boss Cyril Abiteboul. While some small teams..

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17 Apr 2020

Agag: F1 budget cap should be just $75m

Formula 1’s new budget cap should be as low as $75 million in the wake of the coronavirus crisis. That is the view of Formula E boss..

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15 Apr 2020

Todt: F1 delays ‘crucial’ budget cap decision

F1 has delayed making a decision about how to proceed with further cost cutting measures amid the coronavirus crisis. With several teams..

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14 Apr 2020

Klien: ‘Uncertainty’ is worst part of crisis

Former F1 driver Christian Klien says the “uncertainty” of the coronavirus crisis is the most difficult part. The Austrian, now..

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7 Apr 2020

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...

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3 Apr 2020

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..

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2 Apr 2020

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..

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25 Mar 2020

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..

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18 Mar 2020

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...

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2 Mar 2020

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..

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19 Feb 2020

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..

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11 Feb 2020

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,..

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5 Feb 2020

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..

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6 Jan 2020

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..

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12 Dec 2019

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..

1 comment | 
6 Nov 2019

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..

1 comment | 
4 Nov 2019

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,..

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2 Nov 2019

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..

1 comment | 
31 Oct 2019

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..

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26 Sep 2019

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..

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24 Sep 2019

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