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Re:Honda quits F1, invests in carbon-free tech instead by oarsinsync on Monday October 05, 2020 @11:03AM (#24688375)
According to this source[0], for 2019, Mercedes spent $484MM, Ferrari $463MM, Red Bull $445MM, Red Bull 2 (aka Toro Rosso) $138M.

Ferrari's last driver's championship win was 2007, and last constructors championship win was 2008. If simply outspending their competitors by 5% would make all the difference, I think they would have tried it by now (and infact, if you look at previous years, they have, and failed)

[0] https://www.essentiallysports.com/what-are-the-budgets-for-a...

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