Ruslan
Podium Finisher
Saw this article in pitpass today: Renault reports £7.8m loss
A few observations:
1. F1 budget for calendar year 2018 was 152.3 million pounds.
2. This in increase of 18.6 million, meaning the 2017 budget was 134.7.
3. This includes a loan of 13.6 from Renault.
4. I assume this does not cover the engine.
5. They ran at a loss of 7.8 million (plus the loan).
6. Total staff is now 676. This includes 70 new staff.
7. My mind still boogles at the idea what you can have 676 people work on a car that can't win races.
8. The budget cap for 2021 is $175.
9. I think F1 are running a "soft" or "test" budget cap for next year.
10. Ricciardo is being paid 22 million (drivers are not part of the budget cap).
A few observations:
1. F1 budget for calendar year 2018 was 152.3 million pounds.
2. This in increase of 18.6 million, meaning the 2017 budget was 134.7.
3. This includes a loan of 13.6 from Renault.
4. I assume this does not cover the engine.
5. They ran at a loss of 7.8 million (plus the loan).
6. Total staff is now 676. This includes 70 new staff.
7. My mind still boogles at the idea what you can have 676 people work on a car that can't win races.
8. The budget cap for 2021 is $175.
9. I think F1 are running a "soft" or "test" budget cap for next year.
10. Ricciardo is being paid 22 million (drivers are not part of the budget cap).