News Details

Renault to benefit from budget cap redundancies?

It is estimated that when Formula One introduces its budget cap, depending on the form it takes and the actual spending limit placed on teams, across the board upwards of 4,000 jobs could be lost. Despite the obvious problems this would cause for the 4,000 and the resultant knock-on effect across the industry, Renault boss, Cyril Abiteboul, sees a positive aspect in that the likes of Mercedes and Ferrari will be seriously distracted. 'We know we have a huge deficit in resources against the teams that ultimately we want to fight against,' he says, according to Motorsport.com. 'But we also know that things like the budget cap at some point will kick in. 'It makes no sense to stack up...
Full Story »
6y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Abiteboul: Redundancy plans could be major distraction...

Renault F1 team believes the distraction of Formula 1's top teams needing...
6y ago from GPBlog.com

Abiteboul sees cost cap offering silver lining to...

Renault's Cyril Abiteboul believes the future heavy process of reducing...
6y ago from F1i.com

Abiteboul ‘Sorry but Not Sorry’ after End of...

Cyril Abiteboul admit he will not miss the 'powerful' and 'controlling'...

Renault achieving 'biggest ever' engine gains -...

Renault team principal Cyril Abiteboul has claimed that the current winter...
6y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Enea Bastianini ‘can’t explain’ KTM tyre...

Enea Bastianini admitted he “can’t explain why” he struggled to...

Motorsport Week's Top 10 MotoGP riders of 2025

The 2025 MotoGP season had it all. With 22 rounds and 44 races, the...

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Popular On GunnersToday.com

“There’s nothing special in our squad” - Arsenal...

Arsenal manager Mikel Arteta has admitted that the club are not ruling out...
29m ago from SportsKeeda.com

“It’s actually common sense” - Gary Lineker...

Pundit Gary Lineker has advised Arsenal striker Viktor Gyokeres to emulate...
1h ago from SportsKeeda.com

Paul Merson predicts Arsenal vs Aston Villa and other...

The fixtures are coming thick and fast in the Premier League. This run...
2h ago from SportsKeeda.com

Antoine Semenyo informs Premier League club of his...

Antoine Semenyo has dominated the transfer news waves in recent weeks,...
2h ago from CaughtOffside.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.