McLaren happy with team’s budget cap management

Andreas Seidl is proud of the way McLaren handled the Formula 1 budget cap so far. While Red Bull copped penalties for a minor overspend, and Aston Martin was chided for a procedural breach, McLaren boss Seidl says it was smooth sailing for the Woking based team. “Thanks to the good work of our finance department, we were able to create a good basis in relation to the regulation of finances and determine how we want to deal with the budget cap as a team in the future,” the German added. “Along with the finance people, we have found ways to improve the team’s performance,” he said. “We think it’s important, along with the infrastructure projects that are going on, to take the next step as a team,” said Seidl.

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