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100-instead-of-175-million:-mclaren-advocates-a-lower-budget-limit

(Motorsport-Full.com) – “The most important thing is that the budget limit gets lower,” says McLaren team boss Andreas Seidl. This measure was needed to ensure the survival of Formula 1. Because: “I think with the current Space Quo [in der Coronakrise] we are definitely in danger of jeopardizing the existence of some groups.”

Start in Suzuka 2018

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The costs have to go down, otherwise soon no wheel will turn, says Andreas Seidl zoom Download

According to Seidl needs there are “not many groups to get Formula 1 to the brink”. If, for example, several racing teams are forced to give up, Formula 1 could possibly no longer have enough vehicles to receive the World Cup Apply space .

It was “not just one Worry but a reality “that Formula 1 groups the season 2020 could not survive, continues Seidl. “There is a big risk that we could lose groups in this crisis because we don't know what income will look like this year.”

The McLaren proposal in detail

Therefore Seidl urges the budget ceiling for 2021 from currently 175 significantly buck lower. “We would also absolutely agree, and that's also the direction in which we push, direction 100 million to go, “he says.

That would be the equivalent of good 92 million euros compared to the currently set around 160 million euros per year and staff.


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And Seidl emphasizes: The actual value range of a racing team would be above that anyway. “There are still enough exceptions. I am convinced that with a limit of 100 million [Dollar] can continue to offer a sizable sport. “

Formula 1 must think in the short and long term

Formula 1 only has to keep it up, to put “the fastest cars on this planet” in the race and to continue to rely on high-tech. “That,” says Seidl, “is important for Formula 1.”

In his opinion, the lower budgets would be the perfect addition to this package. “It would help enormously to improve the survey even more, to have the field closer together and, most importantly, to make the Formula 1 platform sustainable for all participants.”

But how could a budget reduction help now, if only this 2021 comes into play? Seidl refers to numerous “short-term measures” that are already taking effect: “Extension of the shutdown [in den Werken], the freezing of various components on the current vehicles already for this and for the next year.”

Responsible people face “big decisions”

“These are the right measures to ensure that in the worst case we can go to the Open with the same cars next year, even if [2020] no races take place and we have the maximum financial influence. “


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Jean Todt, President of the FIA, gave the right impetus in this regard, says Seidl. “We are very satisfied with his leadership.” Todt and Formula 1 boss Trot Carey are now faced with “big decisions” to protect the groups and thus the Formula 1 future.

Seidl is convinced that Formula 1 has a future: “I see no signs that Formula 1 will no longer exist next year. The greatest risk is the loss of groups if we do not act decisively.”

Formula 1 with 70 millions per year?

To act decisively, that could mean a lowering of the budget limit. That's exactly what Formula E series boss Alejandro Agag suggests for Formula 1. He would even narrow the maximum budget to 70 Commit million euros.

Became as soon as Seidl thinks of it? His answer: “He's easy to talk to, he doesn't run this racing series. I think [92 Millionen Euro] is a good house number for a Formula 1 staff, as we want to see it in Formula 1.”

The next step was to make the racing series “healthier and more sustainable”. “And hopefully that will also help the groups to survive the crisis,” says Seidl.


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