News Details
F1's cost cap should be at least $50m/year lower - Guenther Steiner
Haas boss Guenther Steiner reckons Formula 1’s cost cap should be at least $50m per year lower, following the ratification of the 2021 regulations. Formula 1 will introduce a yearly cost cap of $175m from 2021 in a bid to curb spending, though several factors such as driver salaries, marketing and heritage costs are not included. The majority of Formula 1 teams already operate on an annual budget far less than $175m, and Steiner believes that a lower cap would facilitate fundamental changes. “We should have the budget cap lower, then you wouldn’t need to make cost savings, then the better job you do with your own cost savings, instead of being told we have to save...
Full Story »
Full Story »
6y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Ferrari want a budget cap which covers the engine
In 2021, the intended budget cap is $175 million per year. Mercedes and...
6y ago from GPBlog.com
F1's budget cap to see driver salaries soar
It has been predicted that Formula 1 drivers may end up being paid even...
6y ago from GPFans.com
Villeneuve denounces budget cap as 'pure socialism'
Former Formula 1 world champion Jacques Villeneuve had come out strongly...
6y ago from F1i.com
Ferrari CEO wants 2021 clarity, eventual cap on engine...
Ferrari CEO Louis Camilleri says Formula 1 is “not even at the end...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
12h ago from Motorsport.com
Honda pinpoints potential ‘advantage' ahead of...
Honda technical director Romano Albesiano believes there is one specific...
2d ago from MotorsportWeek.c...
Toprak Razgatlioglu’s manager backs Pramac...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
"Mental error" costs Kyle Kirkwood shot at...
No description available...
1h ago from Motorsport.com
Scott McLaughlin faces tough drive from last after...
No description available...
1h ago from Motorsport.com
IndyCar Arlington – Qualifying Results
25 IndyCar drivers took to the track Saturday afternoon to decide the...
2h ago from MotorsportWeek.c...
Marcus Ericsson shocks with IndyCar pole on the...
Saturday afternoon was dedicated to a knockout qualifying session for...
3h ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
14h ago from Motorsport.com
“Probably the toughest rally ever”: Thierry...
No description available...
4h ago from Motorsport.com
Carnage in Kenya
Saturday in Kenya saw one of the most dramatic days in recent Safari...
8h ago from MotorsportWeek.c...
Why Evans suffered his first WRC retirement since 2024
No description available...
8h ago from Motorsport.com
Popular On GunnersToday.com
Premier League news: Arteta denies his team...
No description available...
2h ago from TheGuardian.com
A star is born - the day Dowman announced himself to...
It was all heading one way for Arsenal. Lacking ideas, lacking intensity -...
2h ago from SkySports.com
'Max Dowman outdone his legacy at 16', 'Shouldn't be...
Fans on X have criticized Arsenal winger Bukayo Saka after he struggled to...
2h ago from SportsKeeda.com
Arsenal 2-0 Everton: Premier League – as it happened
Dowman came on to rescue the Gunners and become the youngest scorer in...
2h ago from TheGuardian.com
Comments
Hottest News
F1 confirms decision on 2026 Bahrain and Saudi Arabian races
Formula 1 and the FIA have announced the... Read More »
58m ago from MotorsportWeek.com
Lewis Hamilton reveals major Mercedes F1 advantage
Lewis Hamilton has speculated that Mercedes has... Read More »
58m ago from MotorsportWeek.com
Lewis Hamilton blindsided by Top Gear tribute at Chinese...
Ferrari F1 star Lewis Hamilton was left shocked... Read More »
1h ago from GPFans.com
