budget cap

The cost cap, which has now become one of the key tenets of modern-day F1, could be scrapped in the future.

Ferrari boss Frederic Vasseur has described Red Bull’s penalty for breaching F1’s financial regulations in 2021 as “a big joke”.

Mercedes team boss Toto Wolff has been branded a “sore loser” by former F1 driver Ralf Schumacher.

Red Bull are set to escape any major punishment from the FIA over the F1 budget scandal, vindicating team boss Christian Horner.

Williams were the first F1 team to be fined as a consequence of the sport’s new cost control measures that were introduced last season. How do they work and why were Williams fined?

Haas team principal Guenther Steiner believes Formula 1 should not backtrack on its strict cost cap to accommodate crash damage.

F1 appears to be coming close to an agreement on its new commercial agreement with new budget cap to be set at $145m

The incoming budget cap will be set at $145 million according to Ross Brawn, a reduction on the original figure of $175 million

McLaren team principal Andreas Seidl sees the ongoing coronavirus crisis as the most important moment to trigger changes to allow Formula 1 and the teams to survive and improve ahead of crunch talks on the budget cap and other cost-cutting measures.

Ferrari team principal Mattia Binotto has explained why setting the same budget cap for all F1 teams won’t work and fears it would hurt the overall target of encouraging closer competition.

New FIA President Jean Todt has conceded that he will not be staying in the role for anything like the 'crazy' length of time his controversial predecessor Max Mosley did - as he offered interesting views on the budget cap and his vision for the future of F1...

F1's first American team in more than two decades - the Peter Windsor and Ken Anderson-led USF1 - has begun an evaluation process of home-grown talent to occupy its two seats on the grand prix grid in 2010...and IndyCar's leading lady Danica Patrick 'is on the list'.

N.Technology has withdrawn its application for a slot on the 2010 F1 World Championship starting grid, blaming the FIA's 'highly questionable process' of selection, 'wrong actions' and 'objectionable management methods' that it contends have 'undermined the sport as a whole' - and along with Prod

Former Monaco Grand Prix winner Olivier Panis has described the prevailing political in-fighting in F1 in 2009 as 'a joke' - and one that is threatening to overshadow and spoil what is turning out on-track to be a classic season.

What should have been a brave new dawn for Formula One - with a raft of regulation changes shaking up the order, and the emergence of Brawn GP, complete with the re-emergence of Jenson Button, providing a fairytale touch to the on-track action - has sadly been overshadowed by yet another row betw

After rumours had swept the Formula 1 paddock, it has now been officially confirmed that award-winning R&D company Wirth Research has tied up a deal with Manor Grand Prix to design and build the Yorkshire-based outfit's maiden challenger in the top flight.

It has been confirmed that the name Brabham Grand Prix has submitted an application to return to the Formula 1 grid for the first time in almost two decades next year under FIA President Max Mosley's controversial budget cap initiative - and that the team will make use of both Super Aguri's forme

Former World Touring Car Championship front-runner N.Technology has emerged as another contender to join the Formula 1 starting grid in 2010 under FIA President Max Mosley's controversial budget cap initiative - with its challenge to be spearheaded by Formula Master series founder Mauro Sipsz.

Following the revelation that the Max Mosley-founded March Racing Organisation has submitted a bid to join the Formula 1 grid in 2010 in the new budget-capped era, it has now emerged that another 'blast from the past' could similarly be set for a comeback - Bernie Ecclestone's old team Brabham.

Ferrari team chief Stefano Domenicali has insisted that the FOTA teams' decision to lodge entries for the 2010 Formula One season - albeit conditionally - isn't an indication that they are prepared to accept the FIA's budget cap plans.

Following the ruling in a Paris court yesterday (Wednesday) that threw out its bid for an injunction to be granted against the FIA's contentious ?40 million budget cap for Formula 1, Ferrari has re-iterated its threat to withdraw from what it believes would be a 'watered-down' category in favour

Former Formula 1 World Champion Jody Scheckter has bemoaned the 'disappointing' politics threatening to take over the sport in recent years - claiming that the situation has become so bad he has at times considered giving back his hard-fought title.

Just a day on from Renault having joined the bunch of teams threatening to quit over the FIA's contentious ?40 million optional budget cap, Flavio Briatore has gone on the offensive in blasting that 'whoever has EUR20 million or EUR25 million should not be able to operate a Formula 1 team' and cl

Former world champion Kimi Raikkonen has dropped hints that the new optional ?40 million budget cap set for introduction in 2010 could be the final straw that causes him to hang up his grand prix helmet - contending that 'this is not F1 anymore'.