F1 budget

Ferrari backs Red Bull over budget cap tweak

Aug.5 – Ferrari has joined Red Bull in arguing that the budget cap rules need a tweak. In Hungary, it wasn’t only both Red..

5 Aug 2021

Mercedes team boss apologises to Red Bull Racing for Bottas’ crash

Aug.2 – “Taken out by a Mercedes – again.” That was how Max Verstappen reacted on Sunday after losing the lead of..

2 Aug 2021

Domenicali comments on ‘super league’ situation

Apr.27 – Stefano Domenicali says the world of football might do well to look at how Formula 1 settled major political disputes in the..

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27 Apr 2021

Mercedes tackles F1 budget cap with new ‘Applied Science’ division

Mar.4 – A new division at Mercedes was set up to help the Formula 1 team tackle the new budget cap. At Ferrari, moves to support..

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4 Mar 2021

Ferrari not starting an Indycar program in the near future

Feb.5 – Ferrari has ruled out entering Indycar for now. Last year, the American series’ boss Roger Penske revealed that talks..

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5 Feb 2021

In the pitlane – Are the big paydays history?

As the world of F1 awaits news of Lewis Hamilton’s contract signing speculation mounts over his alleged pay demands which has inevitably..

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25 Jan 2021

McLaren selling one third of team for $245m

Dec.13 – McLaren is reportedly selling 33 percent of its famous Formula 1 team for some $245 million. The team has declined to..

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13 Dec 2020

Binotto: Ferrari’s Resta to Haas because of budget cap

Dec.8 – Mattia Binotto has admitted that designer Simone Resta’s move to Haas is connected with the budget cap rules that come..

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8 Dec 2020

Ferrari wants leniency as budget cap looms

Dec.2 – Ferrari is pushing for leniency as the budget cap looms for 2021. Big teams like Ferrari, with current budgets well above the..

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2 Dec 2020

F1 teams to ‘rotate’ engineers from 2021

Nov.9 – Even the smaller F1 teams will have to shake up their internal organisation to cope with the 23 scheduled grands prix next..

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10 Nov 2020
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