News Details
Brown: Mercedes will have to lay-off people
McLaren CEO Zak Brown predicts Mercedes will have to lay-off staff should the pending 2021 Formula 1 budget cap become part of future regulations, however, he believes the forced cut in expenditure by teams will level the playing field. Formula 1 and stakeholders have (reluctantly) agreed on an annual budget cap of $175-million over five seasons from 2021-25, although there is provision for an upward adjustment for inflation. Notably, the amount does not include expenditure such as driver salaries, marketing expenses and engine related costs. In a wide-ranging interview with Auto Motor und Sport, Brown gave his views on the combined F1/FIA proposal sent to teams, 'Nothing in the document...
Full Story »
Full Story »
6y ago from GrandPrix247.com
0
You May Also Be Interested In...
Brown: No F1 seat available for Alonso at McLaren
While Fernando Alonso is very much part of the McLaren family, there is...
6y ago from GrandPrix247.com
Mercedes: Hamilton's car was in a million bits on...
Mercedes boss Toto Wolff admits that Lewis Hamilton’s winning car at...
6y ago from GPFans.com
‘F1 must lock down future before it's too late'
Zak Brown has urged F1's powers-that-be to finalise plans for a budget...
6y ago from PlanetF1.com
F1 teams are split over talks on budget reform delay
A split has emerged between Formula 1 teams as talks over the future of...
6y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Why Toprak Razgatlioglu isn’t satisfied with his...
No description available...
7h ago from Motorsport.com
Which MotoGP riders will be allowed to test the 2027...
No description available...
5h ago from Motorsport.com
Francesco Bagnaia just trying to "survive"...
No description available...
1d ago from Motorsport.com
Jorge Martin reveals how Marco Bezzecchi pushed him...
Jorge Martin admits that Aprilia team-mate Marco Bezzecchi is pushing him...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
37m ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
1d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
2d ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
3h ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
2d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
6d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Wayne Rooney sheds light on issues with Bukayo Saka as...
Manchester United legend Wayne Rooney believes Arsenal star Bukayo Saka...
1h ago from SportsKeeda.com
Arsenal and Man United battle for 'remarkable'...
Arsenal are interested in signing the Hertha BSC defensive midfielder...
1h ago from CaughtOffside.com
Arsenal eye move for 40m-rated French attacker ahead...
Arsenal are interested in signing the French attacker Jean-Matteo Bahoya...
26m ago from CaughtOffside.com
Man United in advanced talks to sign Premier League...
Manchester United are reportedly in advanced talks to sign Everton central...
2h ago from CaughtOffside.com
Comments
Hottest News
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
10h ago from GrandPrix247.com
Max Verstappen hits out at 'anti-driving' F1 in quit threat
Four-time F1 champion Max Verstappen has moved to... Read More »
1h ago from GPFans.com
Max Verstappen issued F1 ultimatum – ‘go or...
Formula 1 commentator Martin Brundle has issued... Read More »
2h ago from MotorsportWeek.com
