2021 Mercedes financial numbers reflect “painful” F1 cost cap

The overall spending of Mercedes-Benz Grand Prix Limited fell from £324.9m in 2020 to £297.4m last year, despite the calendar being extended from 17 to 22 races as the impact of COVID faded.
While many elements included in the overall total do not come under the cap, the drop in spending of £27.4m reflects how the team had to adjust to the new era of cutting costs.
It also contributed to …Keep reading