Looks like the 40m euro budget cap is going ahead.

[James_graham]

williams = $160 mill = £100mill....

how does that surprise me...if anything if just proves me right

Do you not think it is strange that williams has the same budget to design a car as toro rosso does to run? and that Mclaren and Ferrari are spending less than £400m which is definatly not right as Ferrari themselves admit to spending 500m?. Therefore on the premise of teams spending lots more than publised it may indicate that published things in the papers are not right!

The williams engineer seems like a credibly source and to be honest I think that the budget to run, design a car, travel (paid up front but refunded) and all the marketing would amount to more than 100m for Williams. Not to mention they actually bought a hybrid company last year.

[PNSD]

check it again, pls

45mil in Euro = 60mil in $.

In Euros Toyota spent 320mil. So my mistake. Its the other way round, a 75% decrease rather than 200%? That sounds about right lol.

[ISLAMATRON]

check it again, pls

45mil in Euro = 60mil in $.

In Euros Toyota spent 320mil. So my mistake. Its the other way round, a 75% decrease rather than 200%? That sounds about right lol.

Wrong again, because the 45 mil Euro cap does not include driver costs, engine costs or hospitalit/marketing. Really for a top team like Ferrari it might be a %50 decrease at most, probly much less since they pay KIMI alone over $50 mil US a year

[timbo]

Really for a top team like Ferrari it might be a %50 decrease at most, probly much less since they pay KIMI alone over $50 mil US a year

Well, let's see. Say you earn 1000 coins. You pay 500 coins rent and bills, 300 for food and 200 for everything else. Let's say you're restricted to 750 (mere 25%). You still have to pay the rent though. That means you have only 250 left for food and whatever else you want.
Until cap excludes personnel salaries big teams are in trouble.

[ISLAMATRON]

Really for a top team like Ferrari it might be a %50 decrease at most, probly much less since they pay KIMI alone over $50 mil US a year

Well, let's see. Say you earn 1000 coins. You pay 500 coins rent and bills, 300 for food and 200 for everything else. Let's say you're restricted to 750 (mere 25%). You still have to pay the rent though. That means you have only 250 left for food and whatever else you want.
Until cap excludes personnel salaries big teams are in trouble.

BS, there is no reason Williams need 700 employees to be lower midfield, the teams are bloated, you dont need 1000 people to put 2 cars on the grid for less than 20 races? I dont think any of the NASCAR superteams (4 to 6 cars) have even 500 employees for 36 races... as it stands now if you cut back you slide down the field and into bankrupcy, because the Honda's of the world dont cut back they just leave altogether

[timbo]

BS, there is no reason Williams need 700 employees to be lower midfield, the teams are bloated, you dont need 1000 people to put 2 cars on the grid for less than 20 races? I dont think any of the NASCAR superteams (4 to 6 cars) have even 500 employees for 36 races... as it stands now if you cut back you slide down the field and into bankrupcy, because the Honda's of the world dont cut back they just leave altogether

So, do you imply that all those people just walk around, chat, spend time on facebook or whatever?
Apparently you do NEED that much people if you can afford it. F1 teams have accommodated to that. Of course you can limit number of employees but it takes time. And money.

[ISLAMATRON]

BS, there is no reason Williams need 700 employees to be lower midfield, the teams are bloated, you dont need 1000 people to put 2 cars on the grid for less than 20 races? I dont think any of the NASCAR superteams (4 to 6 cars) have even 500 employees for 36 races... as it stands now if you cut back you slide down the field and into bankrupcy, because the Honda's of the world dont cut back they just leave altogether

So, do you imply that all those people just walk around, chat, spend time on facebook or whatever?
Apparently you do NEED that much people if you can afford it. F1 teams have accommodated to that. Of course you can limit number of employees but it takes time. And money.

BUT they cant afford it... Williams had to take an advance from BE and they burned thru Millions of their own reserve cash before that. And what do they have over the last several years to show for it, and they were getting a free deal on engines, what if they werent?

F1 is simply too expensive, for absolutely no reason, FW said himself that in 97(they won the championship that year) they didnt spend not even what the cap would be for next year 45 mil Euro.

Williams are in F1 to race, whereas Toyota is there for marketing, when the costs/benefit are too high for them they just leave whereas Williams would go bankrupt.

F1 teams have not accomodated to that... that is why we have the least amount of cars on the grid than in any other time in history. Limiting employees does not take time or money, look how all the teams got rid of their testing teams this year after banning testing( that was a FOTA idea not FIA)