News Details
Haas now have ‘10%' spending deficit, not ‘100%'
With the new budget cap now in play, Haas boss Guenther Steiner says his team are spending 10% less than the other teams rather than 100%. In recent years, Mercedes, Ferrari and Red Bull had established themselves as the three highest-spending teams on the grid and that showed until last season as the trio pulled away at the front, leaving a ‘best of the rest' battle behind. But for 2021, teams are now capped at spending $145million per season and while Haas are not at that level, Steiner said the deficit to other teams is now '10%' rather than '100%'. The new Concorde Agreement and more even distribution of funds between teams going forward was also a key factor in keeping Haas in...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes tackles F1 budget cap with new division
Mar.4 A new division at Mercedes was set up to help the Formula 1 team...
4y ago from OneStopStrategy.com
Haas will 'live with risk' of not developing 2021 car...
Haas team boss Guenther Steiner says the US outfit's decision not to...
4y ago from F1i.com
Haas' Russian livery 'doesn't circumvent' rules -...
Haas F1 Team boss Guenther Steiner says the livery of its 2021 car does...
4y ago from F1i.com
No token spend from Haas as they're treating '21 as...
Haas have opted against spending any performance tokens on their 2021 car...
4y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
1d ago from Motorsport.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
3d ago from Motorsport.com
Why Yamaha was disappointing on 2026 MotoGP rider...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar's Alex Palou is not on Red Bull's F1...
No description available...
19h ago from Motorsport.com
Chip Ganassi shuts down Alex Palou and Red Bull F1...
No description available...
2d ago from Motorsport.com
IndyCar partners with iRacing for standalone video...
The NTT IndyCar Series will feature in a new branded video game title,...
2d ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
FIA promises WRC investment following commercial...
No description available...
6h ago from Motorsport.com
Fast WRC Paraguay stages promise “plenty of...
No description available...
21h ago from Motorsport.com
FIA launches tender process for new WRC promoter
No description available...
1w ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
2w ago from Motorsport.com
Popular On GunnersToday.com
‘We have options': Arteta drops latest on...
Arsenal manager has confirmed that Gabriel Martinelli is unlikely to leave...
1h ago from CaughtOffside.com
Arteta: Saka hamstring injuries a big concern
Mikel Arteta has admitted Bukayo Saka's hamstring injuries are a big...
1h ago from SkySports.com
Gary Neville & Ian Wright are now saying the same...
Liverpool will take on Arsenal in the Premier League at the weekend, and...
1h ago from CaughtOffside.com
New signing profile: Eberechi Eze
With Kai Havertz suffering another untimely injury, Arsenal jumped at the...
2h ago from Arseblog.com
Comments
Hottest News
F1 2025 Dutch Grand Prix – FP1 Results
Lando Norris went fastest in the opening... Read More »
4h ago from MotorsportWeek.com
LIVE: 2025 F1 Dutch Grand Prix - Zandvoort Free Practice 2
Follow along live with all the action from... Read More »
2h ago from RacingNews365.com
F1 Results Today: Lewis Hamilton fights back as champion...
The second free practice session for the Dutch... Read More »
40m ago from GPFans.com
