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Items about: F1 budget

Todt: Engine manufacturers 'not interested' in reducing costs

Oct.20 - The only real problem with today's engine regulations is the cost, according to FIA president Jean Todt. In a joint interview with..

20 Oct 2015

Ferrari vows to veto engine cost cap plans

Oct.16 - Ferrari has signaled its intention to veto any moves to cap the cost of engines in formula one. In July, it emerged that the FIA..

16 Oct 2015

Wolff: More success will drive Mercedes' costs down

Oct.10 - Continuing success will drive Mercedes towards a clean balance sheet in formula one. That is the claim of team boss Toto Wolff,..

10 Oct 2015

Gene Haas: Haas' F1 and Nascar budgets are similar

Oct.7 - Gene Haas says the money he will spend on formula one is comparable to his four-car operation in the American tin-top series..

7 Oct 2015

Manor eyes talks with potential investors

Sep.14 - Manor has recruited a British investment bank to hold talks with potential team investors. That is the news of F1 business..

14 Sep 2015

Symonds: Ferrari budget leaving Williams behind

Sep.8 - Ferrari is now leaving Williams behind in the 2015 pecking order, and the British team knows why. "It is easy to explain," said..

8 Sep 2015

Report: FIA tweaks Mosley's budget cap plan

Jul.14 - F1's governing body is proposing a cost cap plan for formula one, along the lines of the idea floated recently by former FIA..

14 Jul 2015

Manufacturers push back on engine cost cap plan

Jul.9 - Mercedes and Ferrari are hitting back at efforts to cap engine costs in formula one. Teams struggling for mere survival, like Force..

9 Jul 2015

Nasr: Many drivers bring sponsors to F1

Felipe Nasr has hit back at any lingering claims he might be written off as a typical 'pay driver'. It was said the Brazilian's arrival at..

5 May 2015

Sauber says Mosley's budget cap 'good idea'

Sauber has backed former FIA president Max Mosley's renewed call for a budget cap in formula one. Earlier this week, ahead of the Strategy..

1 May 2015

Wurz backs Sauber over engine cost limits

GPDA chief Alex Wurz has backed Sauber over the future direction of F1's engine rules. Former Williams driver Wurz, now chairman of the F1..

23 Apr 2015

Grosjean: Palmer at Lotus to 'finance team budget'

As Romain Grosjean sat out Friday practice early in Shanghai, he said he understands the financial pressures on F1 teams. Temporarily in..

10 Apr 2015

Manor heads for Melbourne with $92m budget

Mar.5- Set to race as 'Manor Marussia', the backmarker almost collapsed but will return with a $92 million budget in 2015, it emerged on..

5 Mar 2015

Dennis defends opposition to FIA cost-cutting

Ron Dennis has defended his opposition to centralised cost-cutting in formula one. After Tuesday's meeting of the F1 Commission in Geneva,..

19 Feb 2015

Report: FIA study shows F1 costs could be halved

A study commissioned by the FIA reportedly shows that costs in formula one could be halved without hurting the 'show'. With Caterham and..

17 Feb 2015

Todt: F1 Teams cost saving proposals are ridiculous

Jean Todt has slammed as "a joke" the initial cost-saving proposals put forward by formula one teams. The powerful 'Strategy Group' teams..

13 May 2014

Small teams want mid-season car spec 'freeze'

F1's smallest teams have proposed a mid-season development freeze to cut costs from 2015. After the powerful 'Strategy Group' teams..

9 May 2014

Lopez: Lotus bullied over budget cap axe

Lotus team owner Gerard Lopez on Sunday indicated he was unhappy to have joined the opposition against the introduction of budget caps. The..

20 Apr 2014

F1 set for cost-cutting summit on 1 May

F1 will move to put cost-cutting efforts back on the agenda during a May 1 meeting. Earlier, it was reported FIA president Jean Todt was..

20 Apr 2014

Todt: F1 heading for EUR 150m budget cap

F1 is heading towards a budget cap of EUR 150 million per team for the 2015 season and beyond. FIA president Jean Todt said he is confident..

4 Apr 2014

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