News Details
Horner wants urgent discussion of F1 budget cap
Formula One needs an urgent discussion of its budget cap as teams are squeezed by inflation, high energy costs and rising interest rates, Red Bull boss Christian Horner said on Friday. The sport's current cap is $140 million a year per team, with some items such as driver salaries not included, down from $145 million in 2021. It is due to drop to $135 million next season. Horner told reporters during pre-season testing in Bahrain that jobs could be at risk as tightly-controlled budgets were eroded. Most of the teams are based in Britain, where inflation is set to reach its highest level since the early 1980s and energy prices have surged. The biggest outfits, such as Red Bull, had to shed...
Full Story »
Full Story »
3y ago from espnF1.com
0
You May Also Be Interested In...
Horner seeking urgent discussion on F1 budget cap
Red Bull team boss Christian Horner says rampant inflation and higher...
3y ago from F1i.com
Horner calls for budget cap review
Concerned at rising energy costs, interest rates and inflation, Christian...
3y ago from Pitpass.com
Horner: War inflation spike serious problem for F1...
Red Bull team principal Christian Horner sees nothing illegal in the...
3y ago from GrandPrix247.com
‘They've ruined a few that I think had it':...
McLaren CEO Zak Brown has said that Red Bull can be rather cutthroat with...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin continues dispute with Aprilia over 2026...
Reigning MotoGP World Champion Jorge Martin has continued his 2026...
12h ago from MotorsportWeek.c...
Aleix Espargaro doesn’t understand why Aprilia would...
No description available...
14h ago from Motorsport.com
Marco Bezzecchi: It was ‘almost impossible' to...
Marco Bezzecchi settled for second place after stating that it was...
16h ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
RLL having to ‘unwind’ and ‘backtrack’...
Rahal Letterman Lanigan Racing is making a concerted effort to move...
4h ago from MotorsportWeek.c...
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
5d ago from MotorsportWeek.c...
Where does Santino Ferrucci see his first IndyCar win...
No description available...
4d ago from Motorsport.com
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
New WRC 2027 regulations draw interest from tuners and...
No description available...
15h ago from Motorsport.com
Why Ott Tanak feared final stage drama could cost his...
No description available...
2d ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak ends Hyundai’s...
No description available...
2d ago from Motorsport.com
Ott Tanak ends Hyundai’s victory drought
Ott Tanak and Martin Jarveoja clinched their and Hyundai’s first...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Report: Arsenal in ‘advanced talks' to finally...
Arsenal are closing in on their marquee striker signing of the summer....
6h ago from FreshArsenal.com
'At every level, he’s proven he can score goals' -...
Former Arsenal winger Perry Groves has told Mikel Arteta that Viktor...
4h ago from SportsKeeda.com
Fabrizio Romano: La Liga star ‘wants to play for...
Create your favourite Arsenal XI with our free Arsenal team builder....
5h ago from FreshArsenal.com
From France: Arsenal enter race to sign £60...
Arsenal are interested in signing the highly rated Monaco winger Maghnes...
6h ago from CaughtOffside.com
Comments
Hottest News
Cadillac bombshell drops as Red Bull F1 star linked with...
A Red Bull star has emerged as a surprise target... Read More »
6h ago from GPFans.com
F1 News Today: FIA announce Lando Norris disqualification...
The FIA have issued a comprehensive verdict for... Read More »
1d ago from GPFans.com
Marko opens up about his plans for the near future
With his contract set to expire at the end of the... Read More »
49m ago from F1Technical.net
