Latest News

Wednesday, 22 March 2017
Vettel names 2017 Ferrari 'Gina'
Schumacher's 'favourite' uncle dies
Todt agrees V10 return 'unthinkable'
Tuesday, 21 March 2017
Vettel to Mercedes 'sounds good' - Wolff
Rosberg-Hamilton relationship 'negative' - Wolff
Wolff carries 'lucky injury' into 2017
Honda says McLaren relationship 'strong'
Ferrari spent '100s of millions' to catch up - Cuquerella
Ousted Ecclestone 'couldn't change' - Carey
Monday, 20 March 2017
Haas is team closest to Sauber - Ericsson
Founder admits Sauber to be 2017 backmarker
Pirelli's Isola agrees Ferrari in 'good shape'
Jos Verstappen could help another young driver
Lauda denies Mercedes eyeing Vettel for 2018
Verstappen plays down early race wins in 2017
Boss sure 'year two' easier for Haas
Briatore not excited by Ferrari test form
Unclear if more teams will buy F1 - Lauda
McLaren engine switch rumours hard to believe - Sainz
Sainz flattered by Prost praise
Canamasas eyes F1 test role for 2017
21 races 'the maximum' for F1 - Brawn
Alonso to 'lose his patience' - Ramirez
Ecclestone not done with F1
Friday, 17 March 2017
Teams wanted 'shark fins' for sponsors - Lauda
Brawn to create new F1 overtaking group
Magnussen distances himself from Haas 'brake problems'
Wehrlein settles for 'patience' over top F1 seat
Hulkenberg waiting until 2019 for Renault title
Sainz tells son to forget Renault for now
Ferrari had best test season ever - Marc Gene
McLaren not denying Mercedes engine rumours
Thursday, 16 March 2017
No tension between Hamilton-Bottas yet - Lauda
Wolff applauds F1 social media changes
Budget caps a possibility for F1 - Brawn

News

Budget caps a possibility for F1 - Brawn
2017-03-16

Mar.16 (GMM) Ross Brawn has admitted that tweaks to the commercial arrangements inside F1 could be a key to a strong future for the sport.

Currently, one assessment of the situation in pitlane is that running a team is near-impossible for a privateer, not only financially but in terms of being competitive.

"You are right," Brawn, F1's new sporting chief in the post-Bernie Ecclestone era, told the French magazine Auto Hebdo.

"What is required is complex and that's why it's important not to rush."

Another reason not to rush is that F1's existing, Ecclestone-negotiated contracts do not expire until 2020.

Brawn said: "First we need to create the right foundations, and then we build on them. By good foundations, I mean less difference between the top and the bottom of the grid.

"The real question is 'What do we need to focus on to move in another direction in the future?' Resource dependence is one of the areas we need to explore.

"Should we move towards a capped budget or a series of technical constraints? Perhaps a combination of both?

"But we need to reduce the importance of money in the performance of the cars, because this is the current direction in F1. What we want is to try to raise the overall level of the grid without resorting to the artificial," Brawn added.