News Details

Wolff adamant $150M budget 'not achievable' for big teams

Mercedes' Toto Wolff expressed his doubts over Formula 1's ability to impose a $150M budget cap on teams, believing the figure is simply too low for the sport's top outfits. Yesterday in Bahrain, Formula 1's executives presented teams with a series of strategic initiatives that represent their vision of the future. Reducing the level of spending in the sport is a major focus for commercial rights holder Liberty Media as it aims to level the playing field and attract new competitors. While the concept of a budget cap has been discussed, no specific level has been officially confirmed, but the $150M figure is widely cited as the targeted threshold. "That number needs to be seen in...
Full Story »
7y ago from F1i.com 0
Share

You May Also Be Interested In...

Liberty proposes $150m budget cap

Following days, weeks, months of speculation, this morning F1's owners,...
7y ago from Pitpass.com

Mercedes calls proposed $150m cost cap 'much too low'

Mercedes has responded to Liberty Media and the FIA's plans to...
7y ago from MotorsportWeek.com

‘Different winners’ in 2018 says Mercedes boss...

Even though Lewis Hamilton set what some have said was the lap of his...
7y ago from MotorsportWeek.com

Wolff admits Mercedes 'made mistakes' in Melbourne

Mercedes principal Toto Wolff has admitted that the team made errors in...
7y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Pramac Yamaha unveils 2026 MotoGP livery

Pramac Yamaha has officially unveiled its striking new livery on the...

Jack Miller: Yamaha are ‘busting their arses' on...

Pramac rider Jack Miller has seen first-hand the efforts of Yamaha on its...

‘Super talented’ MotoGP rookie Diogo Moreira...

Pedro Acosta believes “super talented” rookie Diogo Moreira has the...

Popular On IndyCarToday.com

Alex Palou delivers takedown of McLaren F1 drivers...

IndyCar champion Alex Palou has delivered a takedown of both McLaren...

Will Power turns first IndyCar laps with Andretti at...

IndyCar veteran Will Power completed his first test laps with his new...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I don't think I used that word…' – Arteta...

Arsenal manager Mikel Arteta has denied ever saying that Gunners forward...
24m ago from CaughtOffside.com

Arteta rues Arsenal’s injury list before Carabao Cup...

t;li>Manager hopes to find ‘solution’ to defensive problemsSaliba...
14m ago from TheGuardian.com

'He’s had a bit more of a difficult time this...

Former Premier League striker Darren Bent is worried about Arsenal star...
1h ago from SportsKeeda.com

Mikel Arteta provides injury update on 4 key Arsenal...

Arsenal manager Mikel Arteta has spoken to the press about the fitness of...
5h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.