Schu gets $26m title boost

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 not a ‘B’ specification, the heavily revised ‘248’ features a new engine cover, front wing and engine, packing an extra 20 hp.

The tabloid daily also described new Bridgestone tyres for Magny Cours as ‘super-rubber’, and said team principal Todt had asked Ferrari staff to work extra shifts at Maranello to implement the upgrade.

Wow !! Someone got really a “positive boost” from Itay winning FIFA World Cup. And given that they are getting an extra 20hp boost, that’s definatly going to put them next to [if not ahead] Renault.

TAGS: Formula 1 . F1 . Ferrari . Michael Schumacher . Jean Todt . Ross Brawn . Bridgestone . Magny Cours . aerodynamics . tyres

McLaren is F1’s biggest spender

As 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.

The spending per team is as follows:

• McLaren Mercedes: $400M
• Toyota: $393M
• Honda : $382M
• BMW Sauber: $378M
• Ferrari: $329M
• Renault: $300M
• Red Bull Racing: $201M
• Williams: $134
• Super Aguri: $95M
• Midland F1: $76M
• Scuderia Toro Rosso: $66M

Related Article

• Formula 1 budgets revealed? : Formula 1 Blog [External]

TAGS: Formula 1 . F1 . F1-Budget . McLaren . Mercedes . Toyota . Honda . BMW-Sauber . Ferrari . Renault . Red Bull Racing . Williams . Super Aguri . MidlandF1 . Toro Rosso . sponsors