News Details
Steiner: ‘Big teams wanted more, small teams wanted nothing’
Guenther Steiner says the recently-agreed “compromise” over F1’s revised 2022 budget cap was exactly that – because it left no team particularly happy. During a meeting of the F1 Commission at the Austrian Grand Prix, it was agreed to increase this year’s spending limit of $140million for each team by 3.1% due to the high level of inflation that has gripped the global economy. The figure will be compounded for subsequent seasons. Of course, this suits the bigger teams more because they have had to make widespread adjustments to their operations to comply with the cost cap since it was introduced for 2021. With everyone naturally fighting their own corner within the discussions,...
Full Story »
Full Story »
2y ago from PlanetF1.com
0
You May Also Be Interested In...
Horner coy over F1 budget cap break
Red Bull team principal Christian Horner is happy a compromise has been...
2y ago from GPFans.com
‘You live by your choices': Guenther Steiner...
Haas team principal Guenther Steiner has suggested that Michael...
2y ago from Formula1News.co.uk
Is Red Bull behind schedule? 'Updates not ready for...
Because of the budget cap in Formula 1, teams have to be more frugal with...
2y ago from GPBlog.com
Guenther Steiner reveals if Ferrari will decide Mick...
Haas team principal Guenther Steiner has confirmed that Ferrari do not...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo tops chaotic second Assen MotoGP...
Fabio Quartararo topped the timesheets for Yamaha after an extended...
1h ago from MotorsportWeek.c...
Marc Marquez tops first Assen MotoGP practice despite...
Marc Marquez topped the timesheets in the first Assen MotoGP practice...
5h ago from MotorsportWeek.c...
Reports: MV Agusta exploring options to return to...
Key figures on the board of historic manufacturer MV Agusta have...
5h ago from MotorsportWeek.c...
Here’s what MotoGP riders think about Liberty...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
22h ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
2d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
4d ago from Motorsport.com
How a “grumpy” Alex Palou ended up thankful for...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Acropolis Rally: Sebastien Ogier leads as puncture...
No description available...
5h ago from Motorsport.com
Here's how Hyundai’s driver cooling system will...
No description available...
1d ago from Motorsport.com
How Carlos Sainz Sr's withdrawal will impact the FIA...
No description available...
1d ago from Motorsport.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Major twist gives Arsenal hope of signing ‘most...
Real Madrid have not ruled out the possibility of selling Rodrygo Goes...
1h ago from CaughtOffside.com
Which striker should Arsenal sign? Analysing the top...
Unless you’ve been living under a rock all season, you’ll have noticed...
2h ago from FreshArsenal.com
Report: Arsenal receive huge boost in their bid to...
Arsenal have been handed a huge boost in their bid to sign Rodrygo as the...
1h ago from FreshArsenal.com
Arsenal given ‘less than 2% chance’ of signing...
Arsenal’s hopes of landing one of their top striker targets this summer...
1h ago from CaughtOffside.com
Comments
Hottest News
F1 Results Today: Hamilton suffers Ferrari nightmare at...
The first outing at the Austrian Grand Prix... Read More »
3h ago from GPFans.com
F1 star ‘out of contract’ after Austrian GP as brutal...
An F1 star is facing the prospect of being... Read More »
7h ago from GPFans.com
LIVE: 2025 F1 Austrian Grand Prix - Free Practice 2
Follow live with all the action from Free... Read More »
2h ago from RacingNews365.com
