close global

Welcome to GPFans

CHOOSE YOUR COUNTRY

  • NL
  • GB
  • IT
  • ES-MX
  • US
  • GB

Are you a F1 Fan? Follow GP Fans

Edition

NL GB IT ES-MX US

McLaren budget cap strategy has "forks in the road"

Photo: © LAT Images

McLaren budget cap strategy has "forks in the road"

Formula 1 introduces a budget cap for the new season

McLaren's plan to implement and cope with the new budget cap in Formula 1 has "different forks in the road" dependent on how the new season pans out.

This season will be the first run within a cost cap, set at $145million, dropping to $140m for next year and $135m for 2023 to 2025.

Whilst CEO Zak Brown has confirmed the team is ready for the upcoming season, he has stated that subsequent campaigns will be dependent on championship performance.

“We are ready for ’21, and we have a plan for ’22 and ’23," said Brown.

"But that plan has a couple of different forks in the road, if you like, based on what we learn and as to what is the most efficient way to get the maximum performance out of our monies where we spend.

"We have those plans in place but we don’t need to execute those plans yet because we want to leave ourselves room for understanding what will be the most efficient and performance-orientated way to run at the reduced cap."

The budget cap is a sum of money that excludes the cost of a driver's salary and the three additional highest earners at the team.

Related

More F1 news

Latest F1 news

When Susie met Toto: 'Instant attraction' and why she risked it all for Wolff

When Susie met Toto: 'Instant attraction' and why she risked it all for Wolff

  • 8 minutes ago
'I've had my time' - Lewis Hamilton's F1 retirement advice

'I've had my time' - Lewis Hamilton's F1 retirement advice

  • 1 hour ago
Max Verstappen to McLaren latest as insider says one key fact will decide F1 megadeal

Max Verstappen to McLaren latest as insider says one key fact will decide F1 megadeal

  • 1 hour ago
Toto Wolff has 'ace up his sleeve' for Mercedes F1 dynasty

Toto Wolff has 'ace up his sleeve' for Mercedes F1 dynasty

  • 2 hours ago
Red Bull chief tells McLaren 'We're going to keep him' as Lambiase saga drags on

Red Bull chief tells McLaren 'We're going to keep him' as Lambiase saga drags on

  • 3 hours ago
Christian Horner 'allowed' to make F1 return after striking Red Bull deal

Christian Horner 'allowed' to make F1 return after striking Red Bull deal

  • Today 17:42

Just in

21:57
When Susie met Toto: 'Instant attraction' and why she risked it all for Wolff
20:55
'I've had my time' - Lewis Hamilton's F1 retirement advice
20:25
Max Verstappen to McLaren latest as insider says one key fact will decide F1 megadeal
19:55
Toto Wolff has 'ace up his sleeve' for Mercedes F1 dynasty
18:57
Red Bull chief tells McLaren 'We're going to keep him' as Lambiase saga drags on
F1 news

Recommended by the editors

When Susie met Toto: 'Instant attraction' and why she risked it all for Wolff Susie Wolff

When Susie met Toto: 'Instant attraction' and why she risked it all for Wolff

8 minutes ago
Toto Wolff has 'ace up his sleeve' for Mercedes F1 dynasty Mercedes

Toto Wolff has 'ace up his sleeve' for Mercedes F1 dynasty

2 hours ago
Red Bull chief tells McLaren 'We're going to keep him' as Lambiase saga drags on Gianpiero Lambiase

Red Bull chief tells McLaren 'We're going to keep him' as Lambiase saga drags on

3 hours ago
Christian Horner 'allowed' to make F1 return after striking Red Bull deal Christian Horner

Christian Horner 'allowed' to make F1 return after striking Red Bull deal

Today 17:42
Ontdek het op Google Play
x