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Haas won't increase its budget to match cap
Formula 1's budget cap for 2021 may be $175 million but that doesn't mean Haas will meet it, says team boss Guenther Steiner. One of the smaller teams on the F1 grid, the American outfit reportedly spent $150 million last season. That is a long way off of the $484 million Mercedes laid down to win a sixth championship double. However, it is also some way off the $175m budget cap that Formula 1 will introduce come 2021. Steiner, though, is adamant that Haas, who will be without a title sponsor in 2020 after its relationship with Rich Energy imploded last season, won't up the spending to match the cap. 'We'll stay with what we have got,' he told RaceFans. 'We are quite conservative with...
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5y ago from PlanetF1.com
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