November 21, 2024
Mercedes F1 News: Toto Wolff drops a BIG financial bombshell
F1

Mercedes F1 News: Toto Wolff drops a BIG financial bombshell

Mercedes Formula 1 boss Toto Wolff has dropped a major financial bombshell regarding the team.

After George Russell’s car hit the barriers at this weekend’s Mexican Grand Prix, the team suffered another financial blow – a habit that has become all too familiar to the Silver Arrows in recent weeks.

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At the United States Grand Prix the week before the race in Mexico, Russell also encountered obstacles in qualifying, while Kimi Antonelli suffered a major blunder while deputizing for Lewis Hamilton at Monza earlier this season.

Lewis Hamilton also had a trip to the gravel trap, ending the seven-time F1 champion’s race at the US GP after just three laps, with Mercedes mechanics hard at work during the All-Americas triple-header.

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George Russell crashed during training in Mexico on Friday
Kimi Antonelli crashed into the barrier on his F1 debut in Monza

Lewis Hamilton also had a trip to the gravel trap, ending the seven-time F1 champion’s race at the US GP after just three laps, with Mercedes mechanics hard at work during the All-Americas triple-header.

Toto Wolff: Mercedes sets F1 cost cap to “limit”

Wolff has admitted that Russell’s chassis needs repairs for next weekend’s race in Brazil, raising concerns about the financial cost of replacing those parts as the team tries to stay within the cost cap for the current season.

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“It’s hard to count,” he told Sky Deutschland when asked about the new parts that have been installed on the car in recent weeks.

Toto Wolff has admitted that Mercedes is close to the cost ceiling

“We all try to stay within the cost cap. We had a serious accident with the Kimi in Monza. Then last week the second time with George and again this weekend.”

“We have a new base for him in Brazil, but we are working on the limit.”

“The only thing we agreed on is that we’re not racing for the championship and that means it’s not always about having the latest thing on the car.”

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