News Details
Brown: Mercedes will have to lay-off people
McLaren CEO Zak Brown predicts Mercedes will have to lay-off staff should the pending 2021 Formula 1 budget cap become part of future regulations, however, he believes the forced cut in expenditure by teams will level the playing field. Formula 1 and stakeholders have (reluctantly) agreed on an annual budget cap of $175-million over five seasons from 2021-25, although there is provision for an upward adjustment for inflation. Notably, the amount does not include expenditure such as driver salaries, marketing expenses and engine related costs. In a wide-ranging interview with Auto Motor und Sport, Brown gave his views on the combined F1/FIA proposal sent to teams, 'Nothing in the document...
Full Story »
Full Story »
6y ago from GrandPrix247.com
0
You May Also Be Interested In...
Brown: No F1 seat available for Alonso at McLaren
While Fernando Alonso is very much part of the McLaren family, there is...
6y ago from GrandPrix247.com
Mercedes: Hamilton's car was in a million bits on...
Mercedes boss Toto Wolff admits that Lewis Hamilton’s winning car at...
6y ago from GPFans.com
‘F1 must lock down future before it's too late'
Zak Brown has urged F1's powers-that-be to finalise plans for a budget...
6y ago from PlanetF1.com
F1 teams are split over talks on budget reform delay
A split has emerged between Formula 1 teams as talks over the future of...
6y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: ‘I prefer to be pessimistic’ about...
Marc Marquez admits he prefers to be “pessimistic” over his chances...
51m ago from MotorsportWeek.c...
The winners and losers from MotoGP's German Grand Prix
No description available...
4h ago from Motorsport.com
Attritional German GP matches record for fewest...
No description available...
22h ago from Motorsport.com
Fabio Quartararo admits 'tensions' within Yamaha over...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and Losers from IndyCar’s 2025 Iowa Speedway...
No description available...
14h ago from Motorsport.com
Alex Palou wins a strategic IndyCar Iowa Speedway Farm...
No description available...
15h ago from Motorsport.com
Arrow McLaren’s Nolan Siegel not cleared to race in...
No description available...
21h ago from Motorsport.com
IndyCar Iowa – Race 2 Results
The second race of IndyCar’s double-header took place on Sunday...
17h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Red Bull could record its worst F1 result in 10...
No description available...
2h ago from Motorsport.com
Qiddiya showcases the future of motorsports at...
No description available...
21m ago from Motorsport.com
The winners and losers from MotoGP's German Grand Prix
No description available...
4h ago from Motorsport.com
Haas to run Fuji F1 test with Sho Tsuboi and Ryo...
No description available...
5h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal to complete another signing as 15m deal agreed...
Arsenal have been very busy in recent weeks, and they are now about to...
41m ago from CaughtOffside.com
Arsecast Extra Episode 648 – 14.07.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com
Report: Bayern Munich lining up surprise move for...
Leandro Trossard could be set for an Arsenal exit this summer, with...
3h ago from FreshArsenal.com
Report: Arsenal eye creative spark as Gunners receive...
Arsenal have received a significant boost in their pursuit of Crystal...
3h ago from CaughtOffside.com
Comments
Hottest News
How Horner was informed of Red Bull firing in London hotel...
Christian Horner’s shock departure as Red Bull... Read More »
2h ago from F1i.com
Verstappen and Wolff Sardinia meeting takes new twist after...
Rumours concerning a meeting between F1 champion... Read More »
5h ago from GPFans.com
Former Red Bull driver reveals bizarre Adrian Newey request
A former Red Bull F1 star has lifted the lid on... Read More »
3h ago from GPFans.com
