Toto Wolff outlines 'painful' Mercedes approach to staying within budget cap

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Toto Wolff outlines 'painful' Mercedes approach to staying within budget cap
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Having to get used to a new way of working and restructuring the team has been a tricky process, according to Toto Wolff. F1

But according to Ferrari team boss Mattia Binotto, even $4m would open the door for a team to employ “70 people in a technical department who can come up with and produce solutions that could be worth up to half a second a lap”.

“What has happened in F1 is that by setting a spending limit on the largest part of the cost centres in the team, we had to restructure and change our processes, make people redundant, unfortunately also, to fit into the cost cap,” the Mercedes motorsport boss told“As an organisation that was spending on engineering, in order to achieve the best performance, and suddenly needing a structure that needs to analyse from the moment of purchase throughout the production, the logistics and then...

“So the support areas still needed to grow vastly in order to support the organisation with the cost cap. But the bottom line, if you’ve been successful on track with the TV money, sponsorship is basically going directly into your margins. And that has happened in the US.

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