AlphaTauri: No budget for $20m extra CapEx F1 allowance

The FIA has granted all F1 teams an extra allowance with which to improve the infrastructure of their factories.The top teams can spend an extra $6m, the middle-ranking outfits $14m, and the four bottom teams – namely AlphaTauri, Williams, Haas and Sauber/Alfa Romeo – can now invest an extra $20m.However, Bayer, who helped create the cost cap and the financial regulations when working for the …Keep reading