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Vasseur: Cost of F1 is unsustainable for smaller teams

  • 11 Mar 2019 11:11
  • comments 0
  • By: Fergal Walsh

Alfa Romeo team principal Frederic Vasseur has described Formula 1's current financial structure as "unsustainable" for more than half of the grid.

The new regulations that will be introduced for the 2021 season are set to include a budget cap, aimed at allowing the field to get closer together.

Vasseur has called on F1's commercial rights holder Liberty Media to go ahead with the proposed budget cap, but warned that it's unlikely to find common ground between the ten teams. 

"The issue is that we are 10 teams around the table with completely different approach, completely different structure, different budget," he told RaceFans.net.

"I don’t want to speak about competitiveness but at the end you can have Haas and Renault, for example, they are more or less at the same level but with a completely different approach.

“And if you listen to everybody I think that you will never find a compromise because you won’t find something fitting with every single company. At the end of the day, they have to act. To take decisions.

“Honestly it’s good to listen to everybody but at one stage we have to take decisions and to take responsibilities.

"For sure some teams won’t be very happy but you have to find the best, not compromise, but the best direction for the series.

“It has to be the start honestly because you know that the situation is just unsustainable for at least six teams on the grid.

"I think that we, the owners, the shareholders of the teams are doing their best effort to survive until [the] 2021 change. It has to change.”


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29 - Mar 31
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20 - Sep 22
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11 - Oct 13
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1 - Nov 3
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15 - Nov 17
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29 - Dec 1
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Formula 1 Calendar - 2019

Date
Grand Prix & Circuit
15 - Mar 17
Australia Albert Park
29 - Mar 31
12 - Apr 14
26 - Apr 28
Azerbaijan Baku City Circuit
10 - May 12
23 - May 26
Monaco Monte Carlo
7 - Jun 9
21 - Jun 23
France Paul Ricard
28 - Jun 30
Austria Red Bull Ring
12 - Jul 14
United Kingdom Silverstone
26 - Jul 28
Germany Hockenheimring
2 - Aug 4
Hungary Hungaroring
30 - Sep 1
6 - Sep 8
Italy Monza
20 - Sep 22
27 - Sep 29
Russian Sochi Autodrom
11 - Oct 13
25 - Oct 27
1 - Nov 3
United States of America Circuit of the Americas
15 - Nov 17
Brazil Interlagos
29 - Dec 1
United Arab Emirates Yas Marina Circuit
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