News Details
Renault to benefit from budget cap redundancies?
It is estimated that when Formula One introduces its budget cap, depending on the form it takes and the actual spending limit placed on teams, across the board upwards of 4,000 jobs could be lost. Despite the obvious problems this would cause for the 4,000 and the resultant knock-on effect across the industry, Renault boss, Cyril Abiteboul, sees a positive aspect in that the likes of Mercedes and Ferrari will be seriously distracted. 'We know we have a huge deficit in resources against the teams that ultimately we want to fight against,' he says, according to Motorsport.com. 'But we also know that things like the budget cap at some point will kick in. 'It makes no sense to stack up...
Full Story »
Full Story »
6y ago from Pitpass.com
0
You May Also Be Interested In...
Abiteboul: Redundancy plans could be major distraction...
Renault F1 team believes the distraction of Formula 1's top teams needing...
6y ago from GPBlog.com
Abiteboul sees cost cap offering silver lining to...
Renault's Cyril Abiteboul believes the future heavy process of reducing...
6y ago from F1i.com
Abiteboul ‘Sorry but Not Sorry’ after End of...
Cyril Abiteboul admit he will not miss the 'powerful' and 'controlling'...
6y ago from TheCheckeredFlag....
Renault achieving 'biggest ever' engine gains -...
Renault team principal Cyril Abiteboul has claimed that the current winter...
6y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Johann Zarco explains MotoGP crashing habit after...
No description available...
8h ago from Motorsport.com
Yamaha unveils V4 MotoGP prototype for Misano
Yamaha has officially unveiled its new V4-powered YZR-M1 MotoGP bike,...
10h ago from MotorsportWeek.c...
Marc Marquez: Francesco Bagnaia has “enough...
No description available...
11h ago from Motorsport.com
Francesco Bagnaia maintains he is 'unable to adapt to...
No description available...
12h ago from Motorsport.com
Popular On IndyCarToday.com
Robert Shwartzman refutes rumors about unhappiness in...
Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...
1d ago from MotorsportWeek.c...
Christian Lundgaard calls first McLaren season a...
No description available...
2d ago from Motorsport.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Rally Chile drivers, teams thrown curveball as...
No description available...
5h ago from Motorsport.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'What a different player' – Gary Neville singles...
Manchester United legend Gary Neville has said that Noni Madueke has...
15h ago from CaughtOffside.com
'A team excited not to lose a game' - Gael Clichy...
Former France star Gael Clichy slammed Arsenal manager Mikel Arteta for...
7h ago from SportsKeeda.com
Episode 844 – Interlull 1 over
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
10h ago from Arseblog.com
Sources: Chelsea eye trio of exciting young talents as...
Chelsea are set to make an attacking midfielder a priority in the transfer...
12h ago from CaughtOffside.com
Comments
Hottest News
Sky Sports F1 star Naomi Schiff delivers 'hello baby'...
F1 pundit Naomi Schiff has delivered a 'hello... Read More »
3h ago from GPFans.com
Key Ferrari figures set for Audi move as Nico Rosberg...
Catch up on the biggest news stories of the day! Read More »
4h ago from RacingNews365.com
F1 mechanic reveals BRUTAL reality of working in motorsport
Calum Nicholas has taken to social media to give... Read More »
4h ago from GPFans.com
