Connect with us

Hi, what are you looking for?

Sporting ExcitementSporting Excitement

Formula 1

Mercedes and Ferrari will struggle with new F1 budget caps with new rules limiting spending to £103m on developing cars

, Mercedes and Ferrari will struggle with new F1 budget caps with new rules limiting spending to £103m on developing cars

FORMULA ONE’s ‘rich teams’ could struggle to adjust to the sport’s new budget cap.

New rules this season will limit teams’ spending to £103million to develop their F1 cars in the hope of making the sport more competitive.

Mercedes spent four times the new £103m limit to win last season’s constructors’ championship

Mercedes are understood to have spent four times that figure to win the constructors’ championship last season.

And Alfa Romeo’s sports director Beat Zehnder says the big boys could struggle with the tighter budgets as they are forced to restructure their teams.

When quizzed by Auto Motor und Sport if it will ‘benefit’ the smaller teams, he said: “Yes, but not for 2022.

“We are very efficient. If I look at and compare the employee list of all teams, then we have always had very few employees on the racetrack.

Advertisement. Scroll to continue reading.

“However, the benefit will only be felt in 2023 and 2024. The big teams won’t fire their 300 to 400 people overnight.

“They will use the transition phase to develop the new cars for 2022 with more resources and personnel.

“The rich teams have always had an advantage when the regulations were changed.

“With this processes, however, it can be that the large teams will find it more difficult in the adjustment phase than the teams that do not have to change anything.”

FREE BETS: GET OVER £2,000 IN SIGN UP OFFERS HERE

While Mercedes and Ferrari have been the big spenders, the likes of Alfa Romeo and Williams spent around £100million last year.

The sport’s governing body, the FIA, will have the power to scrutinise teams’ spending based on their accounts.

They can also make physical checks through unannounced factory visits to see how much teams are producing.

Advertisement. Scroll to continue reading.

If a team is found to have breached the spending rules – that does not include drivers’ salaries or marketing budgets – the FIA could hand out fines, points deductions or even race bans for the offenders.

, Mercedes and Ferrari will struggle with new F1 budget caps with new rules limiting spending to £103m on developing cars

The ten greatest F1 drivers of all-time – according to ’s motorsport correspondent Ben Hunt

Advertisement
Advertisement

Latest

Premier League

Kadeisha Buchanan's Champions League Dream Kadeisha Buchanan, the Canada centre-back for Chelsea, is gearing up for a monumental Champions League battle with Barcelona. Winning...

Formula 1

What Happened: Sky Sports issued an apology after Formula 1 star Lewis Hamilton used a four-letter word during a live TV interview following a...

Formula 1

Hamilton's Disappointment Lewis Hamilton has faced an unexpected blow in the Chinese Grand Prix qualifying, being eliminated in the first session and set to...

Horse Racing

Get ready for the big race! The highly anticipated Scottish Grand National is set to take place at Ayr Racecourse today. As the excitement...

Premier League

Former Arsenal Talent Taking on Man Utd Former Arsenal youth player Ben Sheaf is set to challenge Manchester United in the FA Cup semi-finals...

Boxing

Ready to Dominate Paige VanZant is gearing up to face off against Elle Brooke in a highly-anticipated boxing match, and she's not holding back...

Advertisement
Advertisement

Facebook

Advertisement
Advertisement
Advertisement
Advertisement