News Details

Horner warns of ‘catastrophe' over budget cap

Red Bull boss Christian Horner believes issues regarding the F1 budget cap have become 'moral' as discussions continue. Horner has been the most vocal of voices regarding a push to increase F1's budget cap, in light of unprecedented inflation and spiralling freight costs. With the sport's financial regulations for 2022 reducing the budget cap to $140 million, Horner has spoken of the fear of teams potentially having to miss races towards the end of the year in a bid to stay within that cost cap. The regulations enforce the cap of $140 million on all car and performance-based costs, with costs such as driver salaries, personnel logistics and accommodation costs, human resource and finance...
Full Story »
1y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Horner: We don't want a championship decided in courts

Christian Horner warned that the 2022 Formula 1 Championship may end up...
1y ago from GrandPrix247.com

McLaren expect to exceed this year's budget cap

Despite McLaren's CEO Zak Brown applauding F1's budget cap, Andreas Seidl...
1y ago from PlanetF1.com

Horner warns of inflation's effect on cost cap

Article To news overview © RN365/Michael Potts Christian Horner has...
1y ago from RacingNews365.com

Horner fears F1 title ending in courts due to cost cap

Red Bull team boss Christian Horner has emphasized once again the crucial...
1y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

F1 owner Liberty Media set to finalise purchase of...

Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
23h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Rosenqvist: Confidence within MSR growing with every...

Felix Rosenqvist has started off his time with Meyer Shank Racing on a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Exclusive: 100m-rated striker is top of Arsenal's...

It's no secret that Premier League table-toppers Arsenal are already...
1h ago from CaughtOffside.com

Arsenal and Liverpool need to pay 60 million if they...

Real Sociedad midfielder Martin Zubimendi has been linked with a move away...
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.