News Details
F1's cost cap should be at least $50m/year lower - Guenther Steiner
Haas boss Guenther Steiner reckons Formula 1’s cost cap should be at least $50m per year lower, following the ratification of the 2021 regulations. Formula 1 will introduce a yearly cost cap of $175m from 2021 in a bid to curb spending, though several factors such as driver salaries, marketing and heritage costs are not included. The majority of Formula 1 teams already operate on an annual budget far less than $175m, and Steiner believes that a lower cap would facilitate fundamental changes. “We should have the budget cap lower, then you wouldn’t need to make cost savings, then the better job you do with your own cost savings, instead of being told we have to save...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Ferrari want a budget cap which covers the engine
In 2021, the intended budget cap is $175 million per year. Mercedes and...
5y ago from GPBlog.com
F1's budget cap to see driver salaries soar
It has been predicted that Formula 1 drivers may end up being paid even...
5y ago from GPFans.com
Villeneuve denounces budget cap as 'pure socialism'
Former Formula 1 world champion Jacques Villeneuve had come out strongly...
5y ago from F1i.com
Ferrari CEO wants 2021 clarity, eventual cap on engine...
Ferrari CEO Louis Camilleri says Formula 1 is “not even at the end...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Maximo Quiles storms to photo finish Hungarian Moto3...
Maximo Quiles produced a remarkable comeback as he edged out Valentin...
1h ago from MotorsportWeek.c...
Yamaha bows to Jack Miller's pressure over 2026 Pramac...
No description available...
2h ago from Motorsport.com
“I never retired” – why Pol Espargaro isn’t...
No description available...
2h ago from Motorsport.com
“It can be dangerous” – MotoGP’s Balaton Park...
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Milwaukee – Qualifying Results
All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
15h ago from MotorsportWeek.c...
Three Honda drivers to take IndyCar grid penalties at...
The NTT IndyCar Series has announced three grid penalties for this...
19h ago from MotorsportWeek.c...
IndyCar champ Alex Palou clinches Milwaukee Mile pole...
No description available...
15h ago from Motorsport.com
Josef Newgarden tops the timesheets for Milwaukee’s...
The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
19h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
2d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Manchester United closing in on deal to sign...
Manchester United are close to securing the services of Senne Lammens,...
46m ago from SportsKeeda.com
Arsenal agree record deal to sign 16-year-old talent
Arsenal have had a very productive summer transfer window, and they have...
1h ago from CaughtOffside.com
John Terry reacts as Arsenal talent Max Dowman says...
Chelsea legend John Terry was among those who commented on teenager Max...
1h ago from SportsKeeda.com
'Fill that gap until he comes back' - Ian Wright names...
Arsenal legend Ian Wright reckons Noni Madueke should replace Bukayo Saka...
1h ago from SportsKeeda.com
Comments
Hottest News
Leclerc brothers unite as Lorenzo enjoys Ferrari F1 dream...
Who says little brothers get to have all the fun?... Read More »
56m ago from F1i.com
F1 icon claims Mercedes factor could tempt Fernando Alonso...
F1 icon Juan Pablo Montoya has claimed that... Read More »
2h ago from GPFans.com
Carlos Sainz issues damning half-term report: ‘Extremely...
Carlos Sainz has had his fair share of... Read More »
46m ago from RacingNews365.com
