Mercedes GP aim 10% budget cut for 2011 Season

Mercedes GP is reportedly considering a 10 percent cut to its formula 1 financial plan.

According to the familiar French commentator Jean-Louis Moncet, the German marque’s board of directors met on Monday to discuss spending on formula one.Moncet, whose blog is published by France‘s Auto Plus, said Mercedes will review its budget after July’s Hockenheim race with a view to a 10 per cent reduction in 2011-2012.

He also writes that the Mercedes directors discussed delivering customer engines to a fourth team in 2011 season.

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