Bojan Vrbnjak
And in view of this fact, smaller teams, which are most affected by this crisis, demand reduction of the budget ceiling, which occurs in the season 2021. It is currently set to $ 175 million, but this does not include the salaries of the racers, marketing, travel expenses and earnings of the three best paid team members. But to teams like that Alfa Romeo, Williams ali Haas this is not enough because they are already working on existential boundaries. That's why they want to coronavirus crisis take advantage of it to demand reduction budget ceilings and that by doing so reduce the financial advantage great teams. This, of course, would only affect large teams that are still working with budgets around € 400 million. Teams like Williams and the others are already barely getting along with 125 million - some even below this amount.
But colleagues from F1-Insider.com they state that in a further rapid cost reduction just top teams were facing a problem. Because they are current race cars in development, production and maintenance more expensive as models under the new flight policy 2022, which will contain different standardized parts, teams could like Ferrari, Mercedes in Red Bull it is difficult to save on current costs. That's why they should dismiss co-workers. Ferrari he is well aware of this and tries everything to prevent such a scenario.
Still, they are Red Bull in Ferrari realized that royal class of motorsport it must no longer be money burning machine. All the more so in a time like this. According to colleagues from F1-Insider.com the teams are therefore clearly prepared to agree on the new budget limit of 150 million. Among other things, under the assumption that the development of certain parts will be frozen. Smaller teams, however, demand it a budget ceiling of 100 million dollars.
Toto wolff, (yet) the team boss Mercedes, but goes a step further. Austrian namely, it proposes that the salaries of racers take over sponsors. From well-informed sources are colleagues from F1-Insider.com heard that they could Mercedes sponsor Monster, a manufacturer of energy drinks, therefore considered that increases the volume of engagement (financially of course) v Formulas 1 and would be willing to take over a huge fee from Lewis Hamilton.
