F1 cost cap Tag

By Adam Tate, Managing Editor Formula One’s four engine manufacturer’s: Mercedes, Ferrari, Renault and Honda, have finally agreed to a season cost cap for their customer teams after months of speculation, argument and strife. The soon to be announced deal comes on the heels of two days of meeting in Geneva for the Strategy Group and the F1 Commission. The plan proposed by the engine manufacturer’s calls for a cost cap of €12,000,000 per season for each of their customer teams. It is a significant reduction compared to current costs which haveRead More