Rich Energy owner, William Storey, has continued to raise eyebrows as he sets out an ambitious £50million transfer budget if his Sunderland takeover is successful. read more »

As Formula 1 debates including drivers' salaries in the budget cap, team bosses have rubbishes suggestions it could force superstar drivers to look elsewhere. read more »

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

Haas team principal Guenther Steiner sees no reason why driver salaries could not be incorporated into the Formula 1 budget cap in future years. read more »

Pierre Gasly has hailed the introduction of a budget cap into Formula 1 as a "great change", with the Frenchman believing it will finally close the gap between the... read more »

While the pandemic has highlighted the fragility of some teams, indeed the sport itself, moving forward such measures as the budget cap give cause for optimism. read more »

McLaren CEO Zak Brown believes the Formula 1 budget cap will "put a better product on the track" when it is finally introduced in 2021. read more »

Racing Point driver Sergio Perez says he has "no doubt" that the squad can compete among the front-runners when revised regulations and a budget cap is introduced.... read more »

Zak Brown led the charge for F1's budget cap to be slashed to $100m but says that was merely a tactic to get a lower cap. read more »

Racing Point team boss Otmar Szafnauer doesn't think the upcoming budget cap will prompt Mercedes to rethink their relationship. read more »

Frederic Vasseur believes that Alfa Romeo and the other small teams will have an easier time adjusting to the budget cap than the big ones. read more »

Formula 1 will have a cost cap from 2021 - a welcome move at least a decade in the making. But, somehow, the next generation now need a helping hand. […] read more »

Guenther Steiner says F1's budget cap won't led to "equal opportunities" but it will at least narrow the gap between the have and have nots. read more »

Andrew Green says the budget cap will benefit Racing Point as other teams will need to downsize their workforce to comply with the regulations. read more »

Guenther Steiner says the reduction of the budget cap from next year onwards could tempt new manufacturers to join the Formula 1 grid. read more »

Haas will not bring any upgrades to its F1 car this year until the 2020 season calendar is firmed up and its racing budget is set. read more »

Haas is to hold fire on bringing any upgrades to its Formula 1 car this year until it can be sure about its income for the shortened 2020 campaign read more »

McLaren have explained that the impact of the budget cap in Formula 1 will be a "massive and painful" task for them to take on. read more »

Ross Brawn says that without the budget cap, due to be introduced next season, manufacturers could have been driven out of the sport. read more »

Formula 1's sporting director, Ross Brawn, has said there was a fear that teams and manufacturers could have left the sport if there was no budget cap being introduced. read more »

F1's managing director Ross Brawn believes the sport would have lost manufacturers had a budget cap not been introduced for 2021. read more »

Formula 1's Managing Director of Motorsports Ross Brawn says he feared the championship would have lost manufacturers had a budget cap not been introduced. Formula 1... read more »

Formula 1 would have lost manufacturers and teams as a result of the COVID-19 pandemic had the reduced budget not been introduced for 2021, reckons Ross Brawn read more »

Racing Point technical boss Andy Green thinks the big teams will have a "massive headache" coming to terms with the incoming budget cap. read more »

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