Honda quits F1, invests in carbon-free tech instead

Re:Honda quits F1, invests in carbon-free tech instead by manojlds on Monday October 05, 2020 @01:14AM (#24684739)

Budget cap kicks in next year heading into new regs for 2022.

Ferrari and Merc spend $500m approx. Budget cap is $175m with exceptions like driver salary, top leaders salary, PU.

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Re:Honda quits F1, invests in carbon-free tech instead by swarnie_ on Monday October 05, 2020 @06:06AM (#24686210)

And this has resulted in teams spending silly money this year and last to "beat" the new caps.

New wind tunnels, new factories, expensive software projects. All ploughed ahead this year so they don't have to go on the books after 2022.

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Re:Honda quits F1, invests in carbon-free tech instead by stainforth on Monday October 05, 2020 @01:35AM (#24684818)

Wow. What are the outlays of other sports teams for a season? NFL, in what, mostly player salaries?

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Re:Honda quits F1, invests in carbon-free tech instead by TylerE on Monday October 05, 2020 @02:10AM (#24685013)

NFL averages about $250m/team. That’s just player salaries and not coaches/trainers/physios etc

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Re:Honda quits F1, invests in carbon-free tech instead by jabl on Monday October 05, 2020 @02:05AM (#24684975)

No idea about the NFL, but top football (soccer for you Americans) clubs (Barcelona, Bayern München, etc.) have budgets in the 0.5B EUR range.

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