News Details
No additional staff for Renault ahead of 2021 cap
Expecting a budget cap in 2021, Cyril Abiteboul says Renault will not bolster their staff numbers only to retrench in two years. Formula 1's powers-that-be are pushing for a budget cap come 2021, the year that the new Concorde Agreement comes into effect. This years many of the sport's bigger teams such as Mercedes, Ferrari and Red Bull will be forced into making redundancies to reduce their spending. And while for the next two years they can still use their enlarged work forces to make bigger gains against the likes of Renault, Abiteboul says his team won't be employing more people only to let them go. 'We know we have a huge deficit in resources against the teams that ultimately we want...
Full Story »
Full Story »
7y ago from PlanetF1.com
0
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...
7y ago from GPBlog.com
Renault to benefit from budget cap redundancies?
It is estimated that when Formula One introduces its budget cap,...
7y ago from Pitpass.com
Ricciardo arrival compared to Alonso glory years
Renault boss Cyril Abiteboul has said the staff reaction to signing...
7y ago from PlanetF1.com
Ricciardo arrival puts Renault staff in a winning...
Renault Sport F1 boss Cyril Abiteboul says that Daniel Ricciardo's...
7y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta says teaming up with Marc Marquez would...
No description available...
10h ago from Motorsport.com
Aprilia’s MotoGP advantage not due to special rear...
No description available...
1d ago from Motorsport.com
Why WorldSBK leader Nicolo Bulega could miss out on a...
Rumours surrounding Nicolo Bulega and a possible move to MotoGP in 2027...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Feature: RLL’s split fortunes in Barber highlight...
At the most recent IndyCar race from Barber Motorsports Park, Graham...
2h ago from MotorsportWeek.c...
IndyCar: A closer look at Mick Schumacher's true pace
No description available...
1d ago from Motorsport.com
Will Power's father okay after wrestling with armed...
No description available...
1d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
How Takamoto Katsuta’s maiden WRC win is impacting...
No description available...
11h ago from Motorsport.com
Hyundai continues to honour Craig Breen's memory
Hyundai Shell Mobis World Rally Team will run a special livery at this...
1d ago from MotorsportWeek.c...
Hyundai unveils Craig Breen tribute livery for WRC...
No description available...
1d ago from Motorsport.com
Storm damage forces changes to WRC Rally Islas...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Chelsea lead race for £70m wide man but Arsenal could...
Chelsea and Arsenal are interested in signing the Newcastle United...
17m ago from CaughtOffside.com
White-out: 4 replacements Arsenal are targeting to...
Arsenal’s search for right-back depth has taken on extra intrigue after...
4h ago from FreshArsenal.com
Calafiori channels pain of Italy World Cup misery to...
t;li>Win over Sporting comes after back-to-back cup defeats‘It’s...
4h ago from TheGuardian.com
Arsenal leading Bundesliga giants in the race for...
Sao Paulo attacker Lucca Marques is a target for Premier League club...
5h ago from CaughtOffside.com
Comments
Hottest News
Martin Brundle to miss more F1 races as Sky pundit...
Sky Sports F1 legend Martin Brundle has announced... Read More »
57m ago from GPFans.com
Iconic circuit returning in F1 test as Michael Schumacher...
Catch up on the biggest news stories of the day... Read More »
57m ago from RacingNews365.com
F1 Drivers' WhatsApp Group: Toilets, Memes and Safety -...
The F1 drivers' WhatsApp group is the source of... Read More »
1h ago from GPFans.com
