News Details

New money row brewing in F1 paddock

Apr.9 A new financial row is brewing in the Formula 1 paddock. As previously reported, some teams are calling for an adjustment to the $140 million budget cap as raging inflation hurts the team's limited funds. 'At the moment there are still three teams against it,' revealed Alpha Tauri's team boss Franz Tost. 'We would be in favour of improving it a bit, because the costs – especially in terms of logistics – have risen insanely,' he told Sky Deutschland. 'We're already way over the limit.' Alfa Romeo team manager Beat Zehnder confirmed: 'We're paying 160 percent more for air freight than in 2020. Improvements have to be made.' The Russia-Ukraine war in particular means air...
Full Story »
Share

You May Also Be Interested In...

Budget cap hardest on Alfa Romeo – Monchaux

Apr.5 Formula 1's budget cap is harder on Swiss-based Alfa Romeo. That...
3y ago from OneStopStrategy.com

‘We have tax experts': FIA warns F1 teams...

FIA head of single-seater technical matters, Nikolas Tombazis, has...
3y ago from Formula1News.co.uk

Budget cap gamble paid off for Alfa Romeo

Apr.6 Sauber-run Alfa Romeo appears to have benefitted in more ways than...
3y ago from OneStopStrategy.com

Mazepin refuses to comment on Russia's invasion of...

Nikita Mazepin intends to fight against the sanctions placed upon him by...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Milwaukee – Qualifying Results

All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
14h ago from MotorsportWeek.c...

Three Honda drivers to take IndyCar grid penalties at...

The NTT IndyCar Series has announced three grid penalties for this...
18h ago from MotorsportWeek.c...

Josef Newgarden tops the timesheets for Milwaukee’s...

The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal agree record deal to sign 16-year-old talent

Arsenal have had a very productive summer transfer window, and they have...
1h ago from CaughtOffside.com

John Terry reacts as Arsenal talent Max Dowman says...

Chelsea legend John Terry was among those who commented on teenager Max...
1h ago from SportsKeeda.com

'Fill that gap until he comes back' - Ian Wright names...

Arsenal legend Ian Wright reckons Noni Madueke should replace Bukayo Saka...
1h ago from SportsKeeda.com

Mikel Arteta provides concerning update on the fitness...

Arsenal manager Mikel Arteta has admitted that there are fresh concerns...
1h 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.