Connect with us

2019 F1

Ecclestone backs Wolff over budget cap



  • 5

Bernie Ecclestone has backed Toto Wolff’s position over the proposed F1 budget cap.

Amid tense negotiations between Liberty Media, the FIA and the teams over the 2021 Concorde Agreement and rules, the parties got together in London on Tuesday.

Afterwards, F1’s official website declared that the meetings moved the sport “a step closer” to agreeing to rules, governance, income distribution and “cost controls” for the future.

Part of the ‘cost controls’ is a proposed budget cap, and Mercedes boss Wolff said recently that the German marque supports it.

But he also said: “The challenge is how to control spending, because the teams are structured very differently. For example, we will need to agree penalties in the event that a team deliberately breaks the rules.

“We see the biggest challenges with the implementation,” Wolff added.

Recently, Wolff met in the Swiss ski resort town of Gstaad with former Ferrari president Luca di Montezemolo, Racing Point owner Lawrence Stroll, and former F1 supremo Ecclestone.

Wolff said any talk of a breakaway series was “nonsense”, and Racing Point also rubbished the reports.

But Ecclestone, who admitted that a breakaway had been discussed, seemed to back Wolff’s position over the feasibility of the budget cap.

He told Auto Bild: “In my time, Jean Todt worked on the budget cap, but how can you control for example whether Mercedes does research for formula one at the main headquarters in Stuttgart?”



Latest Results

Latest F1 News

2019 F13 days ago

Karting now physically harder than F1 – Grosjean

5SharesRomain Grosjean says even go-karting is now more physically difficult than racing in Formula 1. In Canada last weekend, five...

2019 F13 days ago

Not enough support for tyre change – Marko

5SharesDr Helmut Marko has admitted he cannot get enough support to force Pirelli to change its controversial tyres. The Red...

2019 F13 days ago

Kvyat much more mature in 2019 – Tost

5SharesIn his third stint at Toro Rosso, Daniil Kvyat is a better driver than before. That is the view of...

2019 F13 days ago

No B spec car for Paul Ricard – Abiteboul

5SharesCyril Abiteboul has denied that Renault’s upgrade for its home race in France next weekend amounts to a ‘B spec’...

2019 F14 days ago

Honda to race second engine upgrade in France

5SharesHonda will take its second engine upgrade of the 2019 season to Paul Ricard next weekend. In April, just a...

2019 F14 days ago

Canadian GP race personal wake-up call – Bottas

5SharesValtteri Bottas has described the Canadian GP race weekend as a personal “wake-up call”. With his new beard on show...

2019 F14 days ago

Binotto admits Ferrari made another strategy error

5SharesFerrari has admitted to making yet another strategy error in 2019. Already criticised by the Italian press for a range...

2019 F14 days ago

Signs of reliability trouble at Mercedes

5SharesThere are signs of reliability trouble coming out of the Mercedes camp. On Saturday in Montreal, the brand new Mercedes...

2019 F14 days ago

Marko hints Mercedes getting preferential treatment

5SharesDr Helmut Marko has admitted he wonders if Mercedes is being unfairly favoured by F1’s authorities. The Red Bull official...

2019 F14 days ago

Ferrari pushing ahead with Vettel penalty appeal

5SharesFerrari is pushing ahead with its appeal against the controversial stewards decision that cost Sebastian Vettel victory in Canada. There...

Most Popular is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media