News Details
Wolff: Motorsport has to reduce entry-level costs
Mercedes boss Toto Wolff believes motorsport has to become “much more affordable” at every level, in the wake of Formula 1 introducing a budget cap. Formula 1 chiefs have agreed to reduce costs from 2021, limiting annual spending to $145m, a figure which will lower to $135m by 2023. But the cost of competing in junior categories remains high for aspiring Formula 1 drivers. ADVERTISEMENT While budgets vary depending on the team and the services included, it is understood that leading Formula 2 teams need around $3m from a driver, with the figure standing at $1m for Formula 3. Related Posts Perez and Gasly join virtual grid for Azerbaijan June 4, 2020 Technical Insight: The 2021...
Full Story »
Full Story »
5y ago from MotorsportWeek.com
0
You May Also Be Interested In...
Horner: I just hope we don't become an accounting...
Red Bull team principal Christian Horner has said that he hopes the new...
5y ago from GrandPrix247.com
Motorsport must be cheaper to be more inclusive - Wolff
Motorsport needs to become cheaper at a grassroots level in order to be...
5y ago from Racer.com
Domenicali: Fernando would give Formula 1 another level
Formula 1 would be the winner if double world champion Fernando Alonso...
5y ago from GrandPrix247.com
Redline: FIA, teams agree to cost cap and more
The FIA and Formula 1 teams have apparently agreed on the following issues...
5y ago from TheParcFerme.com
Elsewhere On The Network
Popular On MGPToday.com
How Raul Fernandez is chasing his next MotoGP contract
No description available...
9h ago from Motorsport.com
No new Yamaha MotoGP engine until after French GP,...
No description available...
1d ago from Motorsport.com
Aprilia on dominant MotoGP start: 'Ducati isn’t...
No description available...
2d ago from Motorsport.com
Davide Tardozzi: Ducati 'slapped in the face' by...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou's 100th IndyCar start ends in early crash...
No description available...
2h ago from Motorsport.com
Official race results: 2026 IndyCar at Phoenix
No description available...
1h ago from Motorsport.com
Josef Newgarden earns thrilling IndyCar win at Phoenix
No description available...
1h ago from Motorsport.com
Josef Newgarden turns up the excitement to take...
The NTT IndyCar Series completed a fast and exciting 250 laps at Phoenix...
1h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Hyundai WRC team is "working at 120 per...
No description available...
2d ago from Motorsport.com
Lando Norris samples Toyota rally car alongside Oliver...
No description available...
4d ago from Motorsport.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Bargain asking price: Liverpool & Arsenal...
Clubs like Liverpool and Arsenal could reportedly be in luck as Real...
4h ago from CaughtOffside.com
Supercomputer predicts unthinkable Tottenham...
The Premier League table has been given a radical shake-up as a...
8h ago from CaughtOffside.com
Ashley Cole makes honest admission when asked if...
Chelsea legend Ashley Cole believes Arsenal can win the quadruple this...
7h ago from SportsKeeda.com
Arsenal looking to reinforce squad with 100m...
Arsenal have stepped up their pursuit of Newcastle United midfielder...
9h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Max Verstappen stunned as FIA announce...
Unseen footage of Max Verstappen's reaction to... Read More »
1h ago from GPFans.com
FIA announce late Mercedes penalty verdict after front row...
The FIA have confirmed a late penalty verdict for... Read More »
14h ago from GPFans.com
Max Verstappen's shocked reaction revealed after F1...
New footage has emerged of Max Verstappen's... Read More »
3h ago from GPFans.com
