{"id":24357,"date":"2009-05-29T07:20:57","date_gmt":"2009-05-29T07:20:57","guid":{"rendered":"https:\/\/www.casinoenligne.uk.com\/en\/f1\/news\/7945-norbert-haug-proposes-bailout-plan-for-budget-cap"},"modified":"2009-05-29T07:20:57","modified_gmt":"2009-05-29T07:20:57","slug":"7945-norbert-haug-proposes-bailout-plan-for-budget-cap","status":"publish","type":"post","link":"https:\/\/www.casinoenligne.uk.com\/en\/f1\/news\/7945-norbert-haug-proposes-bailout-plan-for-budget-cap","title":{"rendered":"Norbert Haug proposes a bailout plan for the budget cap"},"content":{"rendered":"<p>Norbert Haug has developed a possible solution to the budget cap problem, ahead of the registration deadline for the 2010 championship this Friday.<\/p>\n<p>The manager of the German manufacturer highlighted his suggestions to the FIA, as well as to all the teams, for the review of the <i>Mercedes Initiative<\/i>.<\/p>\n<p>With Toyota, Red Bull, Renault, and Ferrari having threatened to withdraw from the sport, and in the absence of an official agreement between the FOTA and the FIA, the Vice President of Mercedes-Benz Motorsport submitted his last-minute idea to Max Mosley, President of the FIA.<\/p>\n<p>The Mercedes initiative, constructed by Haug, concerns the following elements:<\/p>\n<p>\u00ab- A budget capped at 100 million Pounds Sterling for 2010.<\/p>\n<p>&#8211; En \u00e9change de cela, les \u00e9quipes doivent offrir une assistance aux nouveaux arrivants, comme la fourniture des composants moins co\u00fbteux et le partage des conseils techniques.<\/p>\n<p>&#8211; Les \u00e9quipes doivent s&#8217;engager jusqu&#8217;\u00e0 la fin de la saison 2012.<\/p>\n<p>&#8211; \u00c0 partir du d\u00e9but de 2011, le budget plafonn\u00e9 de 40 millions de Livres Sterling sera mis en place.\u00bb<\/p>\n<p>With time running out for the teams regarding a decision on their registration for next year&#8217;s World Championship, the plan, if implemented at the last moment, is to see the current cap of 40 million Pounds Sterling postponed by a year with a significantly higher amount of 100 million Pounds Sterling allowed for the next season.<\/p>\n<p>This plan, mentioned for the first time during the meetings in Monaco last weekend, was described to the newspaper <i>The Times<\/i>, by a source close to Mercedes with clarity and certainty.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norbert Haug has developed a possible solution to the budget cap problem, ahead of the registration deadline for the 2010 championship this Friday. The manager of the German manufacturer highlighted his suggestions to the FIA, as well as to all the teams, for the review of the Mercedes Initiative. With Toyota, Red Bull, Renault, and [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":42894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,1749],"tags":[310,1044],"class_list":["post-24357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-f1","category-news","tag-equipes","tag-moteur-mercedes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Norbert Haug proposes a bailout plan for the budget cap - Motorsinside English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casinoenligne.uk.com\/en\/f1\/news\/7945-norbert-haug-proposes-bailout-plan-for-budget-cap\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Norbert Haug proposes a bailout plan for the budget cap - Motorsinside English\" \/>\n<meta property=\"og:description\" content=\"Norbert Haug has developed a possible solution to the budget cap problem, ahead of the registration deadline for the 2010 championship this Friday. The manager of the German manufacturer highlighted his suggestions to the FIA, as well as to all the teams, for the review of the Mercedes Initiative. 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