Wolff recognized the existence of financial problems in the 2024 season. The Executive Director of the Mercedes noted that the team had difficulties in compliance with the rules that relate to the restriction of expenses during the season. In 2024, the budget of the F-1 team could not exceed $ 135 million of operating expenses (they do not include salaries of riders and three of the highest paid employees of the Technical headquarters of the team).
Yes, we were very close to this. We could not afford anything serious. But for us it was rather the case when you overdid it a bit at the beginning of the year, and then you were forced to save.
At the end of the year, we had to do without a few renewal of the car - aerodynamic and mechanical. Just because the budget did not have money left for the production of appropriate parts.
So accidents at the end of the season really create problems for you. Kimi accident in Monz, George in Austin and Mexico City. At some point, we have only one anterior anti-wing of a certain design.
That is, in Mexico City, we simply could not return to the previous aerodynamic configuration of the car, because we did not have spare parts. And there was no money left for the production of new ones.
Do I remain a supporter of the system of the ceiling of the budgets of the commands? Definitely. Because she made the commands profitable, and the situation in Formula 1 stable, "said Wolff.
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