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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...
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