Red Bull is reportedly considering a shift in focus for Chief Technical Officer Adrian Newey amid the financial constraints imposed by Formula 1’s budget cap. In an attempt to... read more »

After some delay, the FIA announced on Monday afternoon that Red Bull had breached F1's financial regulations with a "minor overspend" of the $145m dollar 2021... read more »

The FIA has confirmed that Red Bull did breach the 2021 $145m budget cap, however the sport's governing body has described the breach as 'minor'. read more »

Following speculation over the Singapore Grand Prix weekend that two teams - Red Bull and Aston Martin - may have breached the $145 million cost cap for 2021, the F1 paddock... read more »

The annual cap on what teams can spend fell from $145m in 2021 to $140m for this season.However, the rising costs of many items that fall under the cap have made it harder than... read more »

He also admits that the tighter cap will make it hard for a team that discovers it has followed the wrong concept with the new rules to switch direction and produce a... read more »

This year the cost cap drops from $145m in its first season to $140m, further limiting what teams can spend on R&D and building and running their cars.Tost says that the... read more »

The 2022 season marks the start of a new technical era for F1 following a significant overhaul of the regulations, forcing teams to rethink many of their existing processes.An... read more »

Formula 1's new-for-2021 cost cap will have a "transformative" effect on teams long-term, according to Aston Martin's boss, who reiterated the squad's... read more »

Identifying and closing loopholes in Formula 1's financial regulations is similar to how the sport's technical rules have historically been analysed, according to... read more »

Formula 1’s budget cap regulations have been amended in light of Sprint Qualifying getting the green light for inclusion at three races this season. The championship is... read more »

Alfa Romeo's technical chief believes it will take "two or three years" before the impact of the new cost cap is fully felt in Formula 1. Formula 1 is... read more »

The new budget cap regulations for the 2021 Formula 1 season will provide a “huge challenge” for Mercedes, according to Technical Director James Allison, given its prior use of... read more »

Formula 1 will create a working group, which will include drivers, in order to evaluate the possibility of introducing tighter financial control on leading figures in the... read more »

Team bosses believe that as "performance differentiators", drivers salaries should be included in the $145m cap. read more »

FIA President Jean Todt has indicated that Formula 1 teams will likely have to reduce spending further, below the capped limit of $145m, when cost controls are introduced next... read more »

Although Ferrari was initially against lowering the budget cap, the Scuderia believes the $145m will ensure F1 is "economically sustainable". read more »

Mercedes boss Toto Wolff believes motorsport has to become "much more affordable" at every level, in the wake of Formula 1 introducing a budget cap. Formula 1 chiefs... read more »

Formula 1's decision to lower its cost-cap to $145m per season from 2021 was widely celebrated on Wednesday, but the economic impact of the COVID-19 pandemic was... read more »

McLaren has backed the changes made to Formula 1's Financial Regulations but says the restructure will lead to the "painful task" of reducing headcount. Formula... read more »

Formula One's post-coronavirus future took shape on Thursday after racing's governing body, the FIA, ratified several unprecedented measures in the technical and... read more »

All ten teams have agreed to a $145m budget cap, which, subject to ratification by the WMSC, will be introduced next year. read more »

While a $145m cap is good news for Williams, Claire Williams feels sympathy for F1's bigger teams who will take a huge hit. read more »

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

Final budget cap proposal offered to the teams will see the limit gradually reduced from $145m to $135m. read more »