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Mercedes' loss of financial power "a huge challenge"
Mercedes technical director James Allison has described the adaption to Formula 1's new budget cap as "a huge challenge" for the team. Courtesy of the might of automotive giant Daimler and the continued success of its F1 team, Mercedes has operated on one of the largest budgets on the grid in recent years. Article continues under video But in a bid to increase competition up and down the pit lane, as well as to safeguard teams from overspending to bridge the gap to those at the front, F1 has introduced its first budget cap. With the figure set at $145million for this year, dropping to $140m for next season and $135m for 2023-2025, Mercedes has been forced to make considerable...
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4y ago from GPFans.com
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