News Details
Red Bull long-term staff redundancies ‘painful'
Red Bull boss Christian Horner discussed the mammoth task of falling within the budget cap, which has forced painful staff cuts. Red Bull, along with Mercedes and Ferrari were the teams that had established themselves as by far the biggest spenders in Formula 1. But, in a bid to make the series both more sustainable and competitive, a budget cap has been brought in, set at $145million for the 2021 season. By 2023 though the limit will be down to $135m. With that, then, has come the need for major cuts, and Horner said it was a pain to have to make several long-term staff members redundant. “We have so many activities as well where we supply, for example, a gearbox to Toro Rosso...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Wolff and Horner reveal "pain" of axing...
Ian Parkes Friday 2 april 2021 17:05 Mercedes team principal Toto Wolff...
3y ago from GPFans.com
Horner predicts Verstappen lost "one tenth"...
During Q1, Max Verstappen drove over the kerbs at high speed. Sparks flew...
3y ago from GPBlog.com
Horner adds to Mercedes woes: With damage, Verstappen...
During Q1, Max Verstappen drove over the kerbs at high speed. Sparks flew...
3y ago from GPBlog.com
Red Bull says Sprint Race trial requires cost cap...
Red Bull team boss Christian Horner says a Sprint Race trial this season...
3y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
4h ago from MotorsportWeek.c...
Could Acosta get a Verstappen-like mid-season...
No description available...
8h ago from Motorsport.com
Marquez: Rossi-like Acosta can't be ruled out of...
No description available...
1d ago from Motorsport.com
Quartararo stresses ‘quality over quantity’ with...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Power “didn't have any defense” against Dixon due...
No description available...
54m ago from Motorsport.com
Brake issues hinder Rosenqvist’s chances for victory...
No description available...
24m ago from Motorsport.com
Pourchaire earns second IndyCar outing with Arrow...
Arrow McLaren announced Tuesday morning that Theo Pourchaire will driver...
8h ago from MotorsportWeek.c...
Arrow McLaren confirms Pourchaire for Barber...
No description available...
8h ago from Motorsport.com
Popular On TotalWRC.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
1d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
1d ago from Motorsport.com
Mārtiņš Sesks to drive M-Sport Ford Puma Rally1 in...
Latvia’s Mārtiņš Sesks will benefit from the support of WRC Promoter...
1d ago from MotorsportWeek.c...
Ogier's last-gasp Croatia Rally victory on surprising...
There had been no major incident on WRC Croatia for 17 stages. That...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal 5-0 Chelsea: Gunners' Player Ratings as...
No description available...
54m ago from SportsKeeda.com
'I’m going to need that explained to me!' - Rio...
No description available...
54m ago from SportsKeeda.com
'Really is a magician', 'Finds spaces that aren't even...
No description available...
54m ago from SportsKeeda.com
'He was like a father to me' - Mikel Arteta makes...
No description available...
54m ago from SportsKeeda.com
Comments
Hottest News
Hamilton car camera captures Verstappen's TRUE feelings...
A touching moment at the Chinese Grand Prix... Read More »
5h ago from GPFans.com
Cocky sporting legend CHALLENGES Hamilton in stunning claim
Lewis Hamilton's Formula 1 dominance has come... Read More »
1h ago from GPFans.com
F1 team 'set to announce MEGA signing' in major Red Bull...
Ferrari have already signed Lewis Hamilton for... Read More »
3h ago from GPFans.com