{"id":16977,"date":"2012-11-03T08:44:57","date_gmt":"2012-11-03T12:44:57","guid":{"rendered":"https:\/\/www.racinginfocus.com\/?p=16977"},"modified":"2012-11-03T08:44:57","modified_gmt":"2012-11-03T12:44:57","slug":"mercedes-to-boost-f1-budget-for-2013-report","status":"publish","type":"post","link":"https:\/\/www.racinginfocus.com\/rif\/formula-1\/mercedes-to-boost-f1-budget-for-2013-report\/","title":{"rendered":"Mercedes to boost F1 budget for 2013 &#8211; report"},"content":{"rendered":"<p>Ahead of Lewis Hamilton&#8217;s arrival, Mercedes is reportedly preparing to boost the budget of its formula one team by many millions.<\/p>\n<p><img loading=\"lazy\" class=\"ngg-singlepic ngg-left alignleft\" style=\"margin: 5px 10px; border: 1px solid black;\" src=\"https:\/\/www.racinginfocus.com\/rif\/gallery\/f1-2012-rif-images\/f1-12-logos\/Mercedes.jpg\" alt=\"Mercedes\" width=\"216\" height=\"86\" \/>Bild newspaper said that after slumping in 2012 in the wake of Nico Rosberg&#8217;s Shanghai breakthrough, and deciding to replace Michael Schumacher with McLaren&#8217;s Hamilton for 2013, the German squad is set to fatten its budget for next year to almost EUR 200 million.<\/p>\n<p>The report said that would be 44 million euros more than Mercedes spent on its Brackley based team this year.<\/p>\n<p>&#8220;Under new supervisory board boss Niki Lauda, the austerity measures are apparently ending,&#8221; said the German daily newspaper.<\/p>\n<p>Bild said Mercedes is funding the boosted F1 budget partly by making cuts to its DTM programme, including reducing its number of cars in the touring car series from 8 to 6.<\/p>\n<p>&#8220;The (Daimler) group has recognised that, otherwise, it cannot compete,&#8221; said the report&#8217;s authors.<\/p>\n<p>Mercedes&#8217; Norbert Haug, however, insisted: &#8220;There will be no 30 per cent budget increase.&#8221;<\/p>\n<p><span style=\"color: #888888;\"><em>\u00a9 RIF | GMM<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ahead of Lewis Hamilton&#8217;s arrival, Mercedes is reportedly preparing to boost the budget of its formula one team by many millions. Bild newspaper said that after slumping in 2012 in the wake of Nico Rosberg&#8217;s Shanghai breakthrough, and deciding to replace Michael Schumacher with McLaren&#8217;s Hamilton for 2013, the German squad is set to fatten &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[3],"tags":[4100,4101,5262,5340,34,598,242],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/16977"}],"collection":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/comments?post=16977"}],"version-history":[{"count":1,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/16977\/revisions"}],"predecessor-version":[{"id":16978,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/posts\/16977\/revisions\/16978"}],"wp:attachment":[{"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/media?parent=16977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/categories?post=16977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.racinginfocus.com\/rif\/wp-json\/wp\/v2\/tags?post=16977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}