Andreas Seidl has again urged Formula 1 bosses to keep an eye on "co-operation" between teams to prevent anyone gaining an advantage by pooling resources. read more »

The FIA has confirmed that the budget cap will remain in place in 2021, in spite of the new technical regulations being deferred by a year. Formula 1 was poised to introduce an... read more »

As expected, following unanimous agreement between all ten teams, the FIA and F1, the 2021 technical regulations have been postponed until 2022, though the budget cap will go... read more »

Andrew Green says Racing Point changed their design philosophy in 2020 thanks to having a much healthir budget than they did previously. read more »

F1 managing director, Ross Brawn is confident that enforcing the $175m budget cap from next season will be made easier by teams self-policing. read more »

Max Verstappen thinks it will take a few years for the 2021 budget cap to have an effect, saying the top teams have a "head start". read more »

Max Verstappen feels the current schedule of 22 races is enough, while also admitting that he doesn't believe the impending budget cap will make much difference. read more »

Max Verstappen reckons the budget cap set to be introduced for the 2021 Formula 1 season will not make a difference with regards to how the championship plays out. read more »

With one of the smallest budgets in F1, Claire Williams says Williams would have benefitted from the budget cap coming into effect this season. read more »

Racing Point believes it can become a thorn in the side of Formula 1's big budget teams this year and potentially emerge as "best of the rest" again read more »

BMW will not be tempted back to Formula One for the first time since 2009 by the new regulations or the budget cap. read more »

Ferrari president Louis Camilleri has said that the Scuderia will 'never give up' and are ''doubling up', developing the 2020 and 2021 cars... read more »

Formula 1's budget cap for 2021 may be $175 million but that doesn't mean Haas will meet it, says team boss Guenther Steiner. read more »

Former Formula 1 team owner Tony Fernandes has found himself caught up in a bribery scandal over Airbus’ sponsorship of his now defunct Caterham F1 team. Fernandes is the... read more »

Zak Brown says the $175 million per season cap that comes into effect from 2021 will actually settle in only in 2022 or 2023 read more »

McLaren are preparing for Formula 1's budget cap in 2021 by running this season's race programme at the limit of the cap. read more »

Haas have been left counting the loss after a mid-season split with then title sponsor Rich Energy has significantly reduced the team's operating budget for 2020. read more »

Former Formula One driver turned pundit Karun Chandhok hopes that the $175million budget cap for 2021 onwards will help to entice new teams into the sport. read more »

Williams insists it has put in place a "healthy racing budget" for 2020, despite a drop in prize money earnings and lapse of some sponsorship deals read more »

Claire Williams is unconcerned over Williams' 2020 racing budget despite the departure of a number of high profile sponsors on the back of a poor 2019 season. read more »

Despite losing sponsors for the second successive season, Claire Williams insists that the legendary Grove outfit has no concerns over its racing budget for 2020. read more »

Deputy team principal, Claire Williams, has revealed the team have a "healthy racing budget" for the upcoming 2020 Formula 1 season. read more »

McLaren team principal Andreas Seidl has revealed that that his outfit will run at budget cap level from 2021 as they look to compete with F1's big boys once again. read more »

Though McLaren will be able to achieve the $175m budget limit to be introduced in 2021, Andreas Seidl warns that his team must be "realistic" about the spending war... read more »

McLaren boss Andrea Seidl says that his team will need to run at the full $175million budget cap to catch up with Mercedes, Ferrari and Red Bull in 2021. read more »