News Details

Racing Point: Big teams now 'dinosaurs' thanks to budget cap

Racing Point technical director Andy Green says that F1's budget cap will lead to the need for teams to be "small, lean and efficient" in the future, a change that will transform the sport's big outfits into "dinosaurs". The FIA formally ratified on Wednesday the cost saving and regulations changes that will steer Formula 1 into its near-term future. The adoption of a sliding-scale budget cap over the next five years will require a fair amount of downsizing for the sport's trio of big outfits, Mercedes, Ferrari and Red Bull. Racing Point however will likely increase its resources from its current level thanks to its partnership with Aston Martin, with the...
Full Story »
5y ago from F1i.com 0
Share

You May Also Be Interested In...

Steiner: 'The budget cap will hopefully attract new...

The Formula 1 teams have agreed to a budget cap that will need to be...
5y ago from GPBlog.com

FIA sets up whistleblowers platform to regulate budget...

Formula 1's governing body has set up an online 24-hour ‘ethics and...
5y ago from GrandPrix247.com

Steiner: Budget cap is 'stake in the ground' for new...

Haas team boss Guenther Steiner says the formal introduction of a budget...
5y ago from F1i.com

Formula 1 teams approve cost-cap, other changes

  Formula 1 is set to move forward with a $145 million budget cap...
5y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Lancia wins again after 33-year absence

No description available...
21h ago from Motorsport.com

Thierry Neuville crashes out of Croatia lead in final...

A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...

Popular On GunnersToday.com

Man United tracking 19-year-old PL talent since 2023,...

Manchester United are interested in signing the Newcastle United...
1h ago from CaughtOffside.com

Arsenal eye move for high-calibre La Liga star who has...

Oscar Mingueza is set to leave Celta Vigo at the end of the season, and a...
2h ago from CaughtOffside.com

Michael Owen explains why he still thinks Arsenal will...

Former Liverpool forward Michael Owen reckons Arsenal will edge Manchester...
2h ago from SportsKeeda.com

Arsenal set to make approach for winger as Liverpool...

Leicester City attacker Jeremy Monga has been linked with a move away from...
2h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.