News Details
Budget cap could help drive Mercedes into other series
The cost cutting that will be required because of the introduction of F1's budget cap in 2021 could mean Mercedes will diversify into other motorsport championships in the future. That's according to team principal Toto Wolff, who says that diversification might be the only way for large F1 teams like Mercedes and Ferrari to continue in their current form without having to let hundreds of key personel go. From next season, all teams will have to operate within a budget of $145 million, which will be progressively further lowered over the following seasons until it stabilises at $135 million for 2023-25. Wolff accepts the need for the reduced figures in the wake of the shock to the sport...
Full Story »
Full Story »
You May Also Be Interested In...
Off Camber: Daniel Abt, Lorenz Hörzing and...
Although motorsport has been on a COVID-19 inspired hiatus since March....
5y ago from GrandPrix247.com
Ecclestone doesn't support budget cap: 'It's been...
As of 2021 there will be a budget cap that Formula 1 teams will have to...
5y ago from GPBlog.com
Horner: 'F1 shouldn't become an accounting...
Last week the teams and Formula 1 agreed on the budget cap that will be...
5y ago from GPBlog.com
W Series scraps entire 2020 season due to pandemic
W Series announced on Thursday that it has canceled its entire 2020...
5y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia’s slump “all in his head” amid...
No description available...
19h ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
1d ago from MotorsportWeek.c...
Supersub Pol Espargaro deserves to be full-time MotoGP...
No description available...
2d ago from Motorsport.com
Honda reveals how Ai Ogura snub pushed Diogo Moreira...
Honda was forced to change its “original plan” to sign Diogo Moreira...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Tony Kanaan praises FIA for revising IndyCar...
No description available...
17h ago from Motorsport.com
FIA increases IndyCar super license allocations
The World Motorsport Council has announced that the allocation of super...
19h ago from MotorsportWeek.c...
IndyCar looking to add ‘more events, not just...
IndyCar has identified a need to make sure future races on the calendar...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA reveals final details of WRC 2027 regulations
No description available...
22h ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
23h ago from Motorsport.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
6d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Sources: Arsenal eyeing two attacker signings as...
Arsenal are eyeing both Real Madrid's Rodrygo Goes and AC Milan's Rafael...
58m ago from CaughtOffside.com
Saka vs Madueke - who starts for Arsenal?
After his dazzling performance for Arsenal in the Champions League Fan...
1h ago from SkySports.com
Jamie Carragher's bold summer prediction about Arsenal...
Former Liverpool defender Jamie Carragher looks like he might have...
5h ago from CaughtOffside.com
Club Brugge 0-3 Arsenal: Madueke and Martinelli magic...
Match report (inc goals) – Player ratings – Arteta reaction...
4h ago from Arseblog.com
Comments
Hottest News
Mercedes puts F1 customer teams on notice with bombshell...
Mercedes boss Toto Wolff has put its three... Read More »
3h ago from MotorsportWeek.com
Norris reveals his winter break plans ahead of 2026
Freshly crowned F1 world champion Lando Norris is... Read More »
48m ago from F1i.com
Lewis Hamilton gets key date for Ferrari turnaround to begin
Lewis Hamilton's hopes for an F1 revival will be... Read More »
1h ago from GPFans.com
