News Details

F1 should respond to inflation crisis – Horner

Mar.14 A global inflation crisis that has been worsened by the Russia-Ukraine conflict is expected to have an impact on Formula 1. Red Bull boss Christian Horner thinks dramatically rising prices across the board will be 'a real problem' for the sport under the rule of the $140 million budget cap. 'We can already see the consequences on air freight prices,' he said. 'I think it's a very serious issue that needs to be looked at and addressed, because it has an impact on people's jobs and living conditions. 'I see it as the duty of the regulator to look into it urgently to ensure that a solution is put in place.' It is believed Horner is pushing for a simple increase to that top $145m cap....
Full Story »
Share

You May Also Be Interested In...

Horner: War inflation spike serious problem for F1...

Red Bull team principal Christian Horner sees nothing illegal in the...
3y ago from GrandPrix247.com

Horner calls for budget cap review

Concerned at rising energy costs, interest rates and inflation, Christian...
3y ago from Pitpass.com

Horner wants urgent discussion of F1 budget cap

Formula One needs an urgent discussion of its budget cap as teams are...
3y ago from espnF1.com

Horner seeking urgent discussion on F1 budget cap

Red Bull team boss Christian Horner says rampant inflation and higher...
3y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Red Bull eyeing F1 drive for IndyCar champion Alex...

Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...
22h ago from MotorsportWeek.c...

Honda awarded IndyCar manufacturers’ championship

Even though the 2025 IndyCar season is not yet complete, Honda has been...
19h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Personal terms agreed: Arsenal prepare bid for...

Arsenal look set to take a major step forward in their pursuit of Bayer...
45m ago from CaughtOffside.com

Arsenal make late attempt to sign Liverpool and Man...

Arsenal have reportedly made a late move to sign Liverpool and Manchester...
55m ago from SportsKeeda.com

Kai Havertz ruled out of Arsenal and Germany games and...

t;li>Forward sustained knee injury at Manchester UnitedArsenal must...
45m ago from TheGuardian.com

Sources: Arsenal & Chelsea among clubs monitoring...

Ademola Lookman’s future at Atalanta appears to be hanging by a thread...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.