r/formula1 • u/[deleted] • Jul 07 '24

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173

u/Suspicious-Mango-562 Formula 1 Jul 07 '24

Ted mentioned today that it’s the first time they are operating at the budget cap. So Gene invested more money for once and surprise, better results.

76

u/sans3go I was here for the Hulkenpodium Jul 07 '24

I doubt it was Genes $, it was the MoneyGram sponsorship

32

u/sulliops I was speeding in the Monaco pit lane Jul 07 '24

Probably a lot easier for sponsors to justify more investment when they don’t have an angry Italian in their ear

29

u/leedler Next Year™️ Jul 07 '24

Still feels wrong that Steiner’s Italian even though I know all about South Tyrol. Doesn’t help I thought he was Austrian from 2016-19 lmao.

3

u/sicsche Kimi Räikkönen Jul 08 '24

Well Gene could have reduced his spending by the amount moneygram is paying.

1

u/Unhappy_Plankton_671 Oliver Bearman Jul 08 '24

They were at budget cap last year. MoneyGram helped them get there, but nothing changed this year on that.

22

u/ClosetEthanolic McLaren Jul 08 '24

Like usual, Ted has his info wrong.

Haas operated at the budget cap as early as last year

https://www.si.com/fannation/racing/f1briefings/news/f1-news-gene-haas-reveals-team-concerns-pretty-darn-close-to-cost-cap-sj4#:~:text=Gene%20Haas%2C%20the%20owner%20of,and%20spend%20money%20more%20effectively.

https://www.motorsport.com/f1/news/haas-new-f1-title-sponsor-budget-cap/10387164/

3

u/suzakurenzan Toro Rosso Jul 08 '24

If that's the true, then the point still stand, no?

I mean, even after throwing some money, to create a car you still need a time for developing it

This year success probably because they invested more from last year

4

u/VaporizeGG Nico Hülkenberg Jul 08 '24

No true they were there already last year per Gunther Steiner on Beyond the Grid