This year F1 introduced an annual $145 million cost cap, followed by a further $5 million year-on-year reduction in subsequent seasons.The cap meant F1's largest teams... read more »

With the news that teams will receive an extra payment to cover the costs of sprint race damage, it is a hit for the fledgling budget cap. read more »

Christian Horner has admitted that 'losing' members of staff in order to meet the budget cap was "tough" and caused the team "pain". read more »

Red Bull boss Christian Horner discussed the mammoth task of falling within the budget cap, which has forced painful staff cuts. read more »

F1 bosses want to trial a sprint qualifying format at three races this season to see what impact it has on the television spectacle and the experience for fans at the track.The... read more »

Christian Horner says that it has been a big challenge for Red Bull to adapt following the introduction of the budget cap. read more »

F1 teams will operate under strict financial regulations for the first time in the series' history this year after moving to curb costs to become more sustainable.In the... read more »

AlphaTauri technical director Jody Egginton said that his team are "working hard" to reach budget cap level. read more »

Ferrari sporting director Laurent Mekies said the new Formula 1 budget cap made the team's structure redundant. read more »

Red Bull team principal Christian Horner believes the new budget cap introduced into Formula 1 this season has already posed a "significant challenge" for all the teams. read more »

Teams have expressed doubt over the Sprint Qualifying plans due to the budget cap which is now in play, according to a report. read more »

Ferrari has warned that the budget cap and stable technical regulations means there is a "limit" to how much it can recover in Formula 1 this year. Ferrari slumped to... read more »

Rather than slow them down, Mercedes boss Toto Wolff says the new budget cap has actually made his team better. read more »

With the new budget cap now in play, Haas boss Guenther Steiner says his team are spending 10% less than the other teams, rather than 100%. read more »

Discussing the budget cap, Toto Wolff says that having a lot of money doesn't guarantee that teams will be successful in Formula 1. read more »

Along with sustainability a key aim of Formula 1's budget cap is to rein in the performance of the top teams by levelling the playing field.And yet in typical glass-full... read more »

During last year's spring shutdown F1 took a series of emergency measures, including postponing of the new regulations by a year, freezing chassis components for 2021, and... read more »

Mattia Binotto has denied that Ferrari's decision to enter the new World Endurance Championship hypercar category is a reaction to the introduction of the Formula 1 budget... read more »

Alfa Romeo technical director Jan Monchaux believes the introduction of a budget cap to Formula 1 this season will eliminate a year-long simultaneous development of two cars. 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 »

McLaren Racing CEO Zak Brown says the budget cap will not be "perfect" in its first season, instead 2021 will flag up the issues. read more »

McLaren Racing CEO Zak Brown has conceded the new budget cap introduced to Formula 1 "won't be perfect" this year as fine-tuning will be required. read more »

Mercedes technical director James Allison has described the adaption to Formula 1's new budget cap as "a huge challenge" for the team. read more »

Being quick out of the blocks is the "biggest weapon" any team, including Mercedes, can have against Formula 1's new budget cap. read more »

Mercedes technical boss, James Allison admits that keeping to the budget has been a huge challenge for the German team. read more »