News Details
Haas now have ‘10%' spending deficit, not ‘100%'
With the new budget cap now in play, Haas boss Guenther Steiner says his team are spending 10% less than the other teams rather than 100%. In recent years, Mercedes, Ferrari and Red Bull had established themselves as the three highest-spending teams on the grid and that showed until last season as the trio pulled away at the front, leaving a ‘best of the rest' battle behind. But for 2021, teams are now capped at spending $145million per season and while Haas are not at that level, Steiner said the deficit to other teams is now '10%' rather than '100%'. The new Concorde Agreement and more even distribution of funds between teams going forward was also a key factor in keeping Haas in...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes tackles F1 budget cap with new division
Mar.4 A new division at Mercedes was set up to help the Formula 1 team...
4y ago from OneStopStrategy.com
Haas will 'live with risk' of not developing 2021 car...
Haas team boss Guenther Steiner says the US outfit's decision not to...
4y ago from F1i.com
Haas' Russian livery 'doesn't circumvent' rules -...
Haas F1 Team boss Guenther Steiner says the livery of its 2021 car does...
4y ago from F1i.com
No token spend from Haas as they're treating '21 as...
Haas have opted against spending any performance tokens on their 2021 car...
4y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
2026 MotoGP Buriram Test: Schedule, entry list and how...
No description available...
2h ago from Motorsport.com
Trackhouse boss suggests crucial change to MotoGP...
No description available...
3h ago from Motorsport.com
Ducati: 2027 MotoGP rules designed to prevent us from...
No description available...
7h ago from Motorsport.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher gaining confidence on ovals after...
No description available...
4h ago from Motorsport.com
IndyCar expanding global broadcasting presence for the...
No description available...
1d ago from Motorsport.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
1d ago from MotorsportWeek.c...
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
4d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
5d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
5d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Man United accelerate move for 'generational' talent,...
Manchester United are hoping to sign the Brazilian attacker Gabriel...
25m ago from CaughtOffside.com
Liverpool join Arsenal in race for 23-year-old...
Arsenal and Liverpool are interested in signing the PSG attacker Bradley...
25m ago from CaughtOffside.com
Eze plays long game but end-of-season form could give...
ymaker, out of favour under Mikel Arteta, has scored 18 of his 38 Premier...
35m ago from TheGuardian.com
Arsenal icon boldly claims Real Madrid would miss out...
Arsenal icon Theo Walcott has boldly claimed that Real Madrid would finish...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 2026 Bahrain pre-season 2nd Test - Day 3 full results
Check out the full results from the third day of... Read More »
4h ago from RacingNews365.com
F1 star jetted off from testing just 12 MINUTES after their...
A Sky Sports F1 star has revealed a hilarious... Read More »
3h ago from GPFans.com
Who are the winners and losers from F1 pre-season testing?
As pre-season testing reaches its conclusion,... Read More »
55m ago from BBC.co.uk
