Aston Martin F1 received a trophy for the first time in Baku as a result of Sebastian Vettel’s impressive second place. We have already reported that the team has high ambitions and wants to win the championship within five years. The introduction of the budget ceiling could play an important role in this.
Budget cap
As of this year, Formula 1 teams will only be able to spend 145 million US dollars thanks to the budget limit. In the coming years this amount will decrease even further: in 2022 the upper limit will be lowered to 140 million US dollars, in 2023 it will be 135 million US dollars. According to CFO Robert Yeowart, this is an opportunity for Aston Martin.
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Speaking to a select group of journalists, including Motorsportweek.com, Yeowart said, “We’re a little different from some of the other teams. The big three” [Mercedes, Red Bull and Ferrari] have to adapt and shrink as we plan our future size to match the cost cap, so we’re actually growing towards it. “
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Gaps in the network
Yeowart says the teams’ tax offices now need to find the loopholes in regulations similar to how many have done since the sport’s inception. “They absolutely know how to find all those little loopholes and wrinkles, and yes, I think this is going to be something that is going to be really interesting for us. It’s about understanding what you are spending the money on, how to get the best relationship of money finds lap time. If you do it well, you ensure that you have used your money in the best possible way. “
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Aston Martin wants to be world champion in five years
The post Aston Martin wants to attack Mercedes and Red Bull with budget cap first appeared on monter-une-startup.
