News Details

F1, teams set to compromise over inflation crisis

Jun.27 F1's governing body has proposed to end the current budget cap argument by paying teams a fixed amount to counteract raging inflation. Although many of the smaller teams insist the $140 million budget cap should be strictly enforced this year, others – including Red Bull, Mercedes and Ferrari – argue that the inflation crisis could hardly be more serious. 'There's probably about 50 percent of the teams who are going to breach the cap at the end of the year if it continues the way things are,' said Red Bull boss Christian Horner. 'We don't want a championship decided in law courts, or in Paris in front of the FIA.' According to Auto Motor und Sport, the latest round of...
Full Story »
Share

You May Also Be Interested In...

Horner reveals when Red Bull will bring ‘big'...

Red Bull team principal Christian Horner is continuing his push for an...
3mo ago from Formula1News.co.uk

Horner fears F1 title could be decided in court amid...

Article To news overview © XPB Christian Horner has warned that the F1...
3mo ago from RacingNews365.com

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

Christian Horner warned that the 2022 Formula 1 Championship may end up...
3mo ago from GrandPrix247.com

Horner fears F1 title fight ending in court due to...

Red Bull boss Christian Horner fears F1's title fight could end up in...
3mo ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Large management changes revealed for McLaren’s...

Arrow McLaren SP has announced multiple management changes within the team...

Juncos to stage IndyCar exhibition runs in Argentina

Juncos Hollinger Racing will stage a series of exhibition runs in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal handed fresh injury boost ahead of Bodo/Glimt,...

Arsenal have been handed an injury boost ahead of their Europa League...

Fan TV is booming but supporters do not yet realise...

In his 10th exclusive column for CaughtOffside, Jon Smith, one of...
5h 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.