Red Bull expects next year to be "most expensive ever" in F1

Red Bull thinks that next year will be its most expensive ever in Formula 1, with its costs set to ramp up because of the huge development needed for 2021's new rules.

Red Bull expects next year to be "most expensive ever" in F1

With F1's budget cap not coming into force just yet, the big money teams are well aware that there are gains to be had if they invest more next year to get a head start on cars for grand prix racing's new era.

While F1's chiefs have said they believe that wind tunnel and CFD restrictions will limit scope for spending in 2020, Red Bull boss Christian Horner thinks there are still enough areas of freedom to mean that it is worth investing more.

"You have an unrestricted and uncontrolled amount of money that you can spend on research and development across other areas," said Horner. "For me, I stand by what I said previously.

"It would have been better to have introduced the cap first and then the regulations a year down the line, because then the budget cap would have constrained the amount of spend.

"Next year looks to be our most expensive ever year in F1."

Read Also:

Horner said Red Bull had already got personnel devoted to working on the 2021 regulations, and faced the prospect of needing two separate groups focusing on cars next year.

"Now the 2021 regulations are clear, we have an advanced team starting to investigate those regulations," he said.

"It makes it an incredibly expensive year because we are developing under two types of regs and before the new financial cap comes in as well. So 2020 will be an expensive and busy year, certainly off track and on track."

But it is not just the top three contenders that are expecting costs to shoot up next year, with Renault also admitting that it will need to throw more money at its efforts if it is to make the most of the opportunities that 2021 offer.

Renault F1 team boss Cyril Abiteboul said that teams in his situation may be forced to switch off their 2020 work early because the following year is so important.

"We can argue that all teams face the same situation but there are some teams, and I am not going to name any in particular, that are happy with where they are and do not have the ambition that we have so 2021," he told Motorsport.com.

"It is not a particular point on their agenda, whereas it is for us.

"We will have to invest much more than some of the teams we are directly competing against today, so that will be a challenge.

"We will also have to be sensible with what we put into 2020, but is Racing Point really interested in 2021? Yes, they will be racing in 2021 but do they expect that 2021 is going to make a big difference for them? I am not sure.

"And that is where our strategy, because of the ambition, because of the objectives, differ. It can have an impact on track in the very short term future and that is a challenge that we have to accept and we have to face."

Read Also:

shares
comments
Renault "not ashamed" of fighting McLaren
Previous article

Renault "not ashamed" of fighting McLaren

Next article

Wolff: Making fewer mistakes key to 2019 Mercedes titles

Wolff: Making fewer mistakes key to 2019 Mercedes titles
Nicholas Latifi: The under-fire F1 driver fighting for his future Prime

Nicholas Latifi: The under-fire F1 driver fighting for his future

Personable, articulate and devoid of the usual racing driver airs and graces, Nicholas Latifi is the last Formula 1 driver you’d expect to receive death threats, but such was the toxic legacy of his part in last year’s explosive season finale. And now, as ALEX KALINAUCKAS explains, he faces a battle to keep his place on the F1 grid…

The strange tyre travails faced by F1’s past heroes Prime

The strange tyre travails faced by F1’s past heroes

Modern grand prix drivers like to think the tyres they work with are unusually difficult and temperamental. But, says  MAURICE HAMILTON, their predecessors faced many of the same challenges – and some even stranger…

Formula 1
Aug 12, 2022
The returning fan car revolution that could suit F1 Prime

The returning fan car revolution that could suit F1

Gordon Murray's Brabham BT46B 'fan car' was Formula 1 engineering at perhaps its most outlandish. Now fan technology has been successfully utilised on the McMurtry Speirling at the Goodwood Festival of Speed, could it be adopted by grand prix racing once again?

Formula 1
Aug 11, 2022
Hamilton's first experience of turning silver into gold Prime

Hamilton's first experience of turning silver into gold

The seven-time F1 champion has been lumbered with a duff car before the 2022 Mercedes. Back in 2009, McLaren’s alchemists transformed the disastrous MP4-24. And now it’s happening again at his current team

Formula 1
Aug 11, 2022
Why few would blame Leclerc if he leaves Ferrari in future Prime

Why few would blame Leclerc if he leaves Ferrari in future

OPINION: Ferrari's numerous strategy blunders, as well as some of his own mistakes, have cost Charles Leclerc dearly in the 2022 Formula 1 title battle in the first half of the season. Though he is locked into a deal with Ferrari, few could blame Leclerc if he ultimately wanted to look elsewhere - just as Lewis Hamilton did with McLaren 10 years prior.

Formula 1
Aug 9, 2022
The other McLaren exile hoping to follow Perez's path to a top F1 seat Prime

The other McLaren exile hoping to follow Perez's path to a top F1 seat

After being ditched by McLaren earlier in his F1 career Sergio Perez fought his way back into a seat with a leading team. BEN EDWARDS thinks the same could be happening to another member of the current grid

Formula 1
Aug 8, 2022
How studying Schumacher helped make Coulthard a McLaren F1 mainstay Prime

How studying Schumacher helped make Coulthard a McLaren F1 mainstay

Winner of 13 grands prix including Monaco and survivor of a life-changing plane crash, David Coulthard could be forgiven for having eased into a quiet retirement – but, as MARK GALLAGHER explains, in fact he’s busier than ever, running an award-winning media company and championing diversity in motor racing. Not bad for someone who, by his own admission, wasn’t quite the fastest driver of his generation…

Formula 1
Aug 7, 2022
Could F1 move to a future beyond carbon fibre? Prime

Could F1 move to a future beyond carbon fibre?

Formula 1 has ambitious goals for improving its carbon footprint, but could this include banishing its favoured composite material? Pat Symonds considers the alternatives to carbon fibre and what use, if any, those materials have in a Formula 1 setting

Formula 1
Aug 6, 2022