As reported on Feedmef1 Ferrari has pumped in another $26 million to boost Michael Schumacher’s charge for an eighth world championship in 2006. At Jerez last Friday, in preparation for the upcoming French grand prix, the 37-year-old racer set a new test lap record with a rejuvenated car. Although Ross Brawn insists that it is [...]
Archive for the ‘F1-Budget’ Category
Schu gets $26m title boost
Posted: July 10, 2006 by Neeraj in aerodynamics, Bridgestone, Drivers, F1-Budget, Ferrari, Formula-One, Jean Todt, Michael Schumacher, RaceTracks, Teams, Tyres2
McLaren is F1′s biggest spender
Posted: June 16, 2006 by Neeraj in BMW Sauber, F1-Budget, Ferrari, Formula-One, Honda, McLaren Mercedes, Red Bull, Renault, Sponsors, Spyker MF1 Racing, Super Aguri, Teams, Toro Rosso, WilliamsAs reported on Wheels24 Business F1 magazine contends that the Woking-based outfit [McLaren-Mercedes], spending a reputed $400m a year, pips the Japanese carmaker [Toyota], at $393m to the dubious post. Interestingly, though, Phillip Morris’ sponsorship of Ferrari, at $97m a year, amounts to more than the annual budget of any of the final three teams. [...]
