News Details
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...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
Japanese GP start time shifted earlier for 2020
Formula 1 has confirmed the schedule for October’s Japanese Grand...
6y ago from MotorsportWeek.com
Lewis Hamilton hits out at 'false reports' over...
Reigning World Champion Lewis Hamilton has hit out at reports surrounding...
6y ago from MotorsportWeek.com
FIA ready to take action over China as more sports...
Motorsport’s governing body, the FIA, says it will evaluate its...
6y ago from MotorsportWeek.com
Cyril Abiteboul challenges Renault F1 juniors to claim...
Renault Formula 1 boss Cyril Abiteboul has challenged its junior drivers...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Sepang test: Schedule, entry list and how to...
No description available...
12h ago from Motorsport.com
Fabio Quartararo responds to speculation about Honda...
No description available...
16h ago from Motorsport.com
Alex Marquez: "Gresini is the most solid option,...
No description available...
18h ago from Motorsport.com
This is how every bike on the 2026 MotoGP grid looks
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Nolan Siegel says pressure of contract year...
No description available...
13h ago from Motorsport.com
IndyCar announces Donald Trump-backed race on National...
IndyCar has announced an inaugural race on America's National Mall,...
1d ago from MotorsportWeek.c...
Will Power: Andretti “will be the best team in the...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
5d ago from Motorsport.com
New WRC winter tyre expected in 2027 after Monte Carlo...
No description available...
4d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'Okay…' – Mikel Arteta gives perfect...
Arsenal manager Mikel Arteta gave the perfect response when asked about...
8h ago from CaughtOffside.com
Arteta calls Arsenal ‘most exciting team in...
t;li>‘We have the most goals, the most clean sheets’Liam Rosenior...
8h ago from TheGuardian.com
Arsenal vs Chelsea Prediction and Betting Tips | 3rd...
The EFL Cup features another round of semifinals this week as Chelsea lock...
9h ago from SportsKeeda.com
Transfer window 2026: Every done deal, including Man...
The transfer window is now closed, so we've rounded up every single done...
10h ago from CaughtOffside.com
Comments
Hottest News
Ocon wary of 2026 overtaking despite ‘fun' new cars
Feb.3 Esteban Ocon has questioned whether... Read More »
1h ago from OneStopStrategy.com
Toto Wolff explains sombre mood after painful Mercedes...
Mercedes boss Toto Wolff was in a sombre mood... Read More »
40m ago from RacingNews365.com
Williams lose Santander backing ahead of delayed reveal
Feb.3 Williams will unveil its 2026 car without... Read More »
1h ago from OneStopStrategy.com
