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Vasseur happy with Alfa Romeo’s financial situation: “Close to budget ceiling”

Frederic Vasseur is cautiously optimistic towards the new Formula 1 season. The financial situation of Alfa Romeo is particularly pleasing to the team boss.

Alfa Romeo has brushed up on the lineup last winter in terms of drivers. Kimi Raikkonen and Antonio Giovinazzi have been replaced by Valtteri Bottas and Guanyu Zhou and the latter driver is bringing a mountain of budget for the team, which means that they now seem to be close to the budget cap of 140 million dollars.

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That is good for Vasseur, who says he is still working with other sponsors. “We are still in negotiations on sponsorship, but I think we are close to the budget ceiling. This is a great opportunity for the company, I am convinced. It is also a great opportunity for the team. They know now what the limit is. It takes a different approach and mentality. But this gives everyone motivation,” wrote Motorsport.com from his mouth.

Step by step

With the new era and two fresh drivers in the team, Vasseur is optimistic about the future. “The process in Formula 1 is always a bit slow. Because depending on the driver you want, it’s always a two- or three-year plan. Then there’s the inertia of the car. This was not always easy, because we ran into problems in the last two or three years. But it is the way it is. It is clear to us that if you want to achieve results, the foundation of the house has to be built. Then you go further step by step,” he concludes. .

Watch Formula 1 via F1TV

Do you also want to continue watching the upcoming F1 season live? Via the official F1TV Pro you can stream live to your television for less than €5.50 per month.

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