News Details

New cost cap "a huge challenge" for Mercedes

This season, Formula 1 teams face a budget cap for the first time. The teams are allowed to spend a maximum of $145 million (not including certain costs such as the driver). Huge challenge For the smaller teams, the budget cap means little change, but for a team like Mercedes, it means significant cuts. "That has been a very interesting change here inside Mercedes, because we are one of the bigger teams in Formula 1 and so we had to figure out how we can operate our championship assault with far less financial resource than we might have had previously," technical director James Allison said in a video. Read more Technical director Mercedes: 'Asking ourselves 'have we forgetting...
Full Story »
5y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Cost cap provides huge challenge for Mercedes –...

The new budget cap regulations for the 2021 Formula 1 season will provide...
5y ago from MotorsportWeek.com

McLaren Racing reports £71.4m loss in 2019, growth in...

McLaren Racing has reported a loss of £71.4 million during 2019 in its...
5y ago from GrandPrix247.com

Working group to investigate F1 driver salary cap

Formula 1 will create a working group, which will include drivers, in...
5y ago from MotorsportWeek.com

McLaren has found a remarkable way to cut costs

Formula 1 will begin their first year with a budget cap in 2021. This...
5y ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

WRC Rally Scotland brings top tier rallying back to...

The 2027 WRC calendar should have an exciting new event on the calendar:...

Popular On GunnersToday.com

Premier League officials appear to confirm Arsenal...

Premier League officials have admitted that Arsenal benefited from two key...
6h ago from SportsKeeda.com

Arsenal plot £69m move for 10-goal ace to replace...

Arsenal are interested in signing the AC Milan attacker Raphael Leao at...
8h ago from CaughtOffside.com

Arsenal, Chelsea, and Newcastle eye 70m move for...

Newcastle United, Arsenal, and Chelsea are all keeping tabs on Christian...
9h ago from CaughtOffside.com

Mikel Arteta targets 50m+ La Liga star to supercharge...

Mikel Arteta's Arsenal are keen on acquiring the services of Real Madrid...
9h 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.