News Details
Horner warns of inflation's effect on cost cap
Article To news overview © RN365/Michael Potts Christian Horner has again warned that global rises in inflation will make it impossible for most F1 teams to stay within the sport's annual budget cap of $140 million this year. F1's budget cap was introduced last year in an effort to level the playing field and reduce the disparity in purchasing power between teams. Having started at $145m in 2021, the cap is currently $140m, and is set to reduce further to $135m in 2023. But with global energy costs soaring, Horner says as many as seven teams may break the cost cap unless the FIA step in and raise it. "What we’re talking about with the cost cap is inflation. In the UK, [the Bank of...
Full Story »
Full Story »
3y ago from RacingNews365.com
0
You May Also Be Interested In...
Hamilton: Mercedes can’t raise F1 car any higher to...
Lewis Hamilton says that Mercedes is unable to raise its car any higher to...
3y ago from MotorsportWeek.com
McLaren confident FIA will block small team budget cap...
McLaren team principal Andreas Seidl is "very confident" the FIA...
3y ago from GPFans.com
McLaren expects to exceed F1 budget cap
Speaking in Baku, McLaren's Andreas Seidl had admitted that he expects...
3y ago from Pitpass.com
McLaren expect to exceed this year's budget cap
Despite McLaren's CEO Zak Brown applauding F1's budget cap, Andreas Seidl...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin sought Marc Marquez’s advice before...
No description available...
19h ago from Motorsport.com
Davide Brivio: Trackhouse looking to remain Aprilia's...
Team boss Davide Brivio has revealed that Trackhouse Racing is looking to...
20h ago from MotorsportWeek.c...
Joan Mir fears early silly season could leave MotoGP...
No description available...
1d ago from Motorsport.com
Francesco Bagnaia rediscovers his ‘feeling' on...
Francesco Bagania has admitted he's rediscovered his feeling with the...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Mick Schumacher reveals what has surprised him the...
No description available...
14h ago from Motorsport.com
Honda quick in IndyCar Sebring test, Grosjean tests...
Nearly the entire IndyCar paddock was present at Sebring International...
15h ago from MotorsportWeek.c...
Jay Frye reflects on IndyCar run one year after...
No description available...
13h ago from Motorsport.com
IndyCar Sebring test: Marcus Armstrong leads Day 2,...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg keeping feet on the ground ahead of...
No description available...
1d ago from Motorsport.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
5d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
6d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Man United are frontrunners in race to sign...
Manchester United are reportedly emerging as the frontrunners in the race...
1h ago from CaughtOffside.com
Midfielder Arsenal could have signed in January scores...
Alex Oxlade-Chamberlain has announced his return to British football in...
1h ago from CaughtOffside.com
Man City boost as Arsenal suffer fresh injury to star...
Kai Havertz has suffered a fresh muscular injury and is set to be ruled...
9h ago from CaughtOffside.com
Arsenal star suffers injury; set to miss key matches -...
Arsenal star Kai Havertz has suffered a muscular injury and is set for a...
9h ago from SportsKeeda.com
Comments
Hottest News
LIVE: 2026 F1 Bahrain pre-season 1st test – Day 2
Follow along with the second day of the first... Read More »
1h ago from RacingNews365.com
F1 2026 – Bahrain test Day 2 live
It's the second day of the first Formula 1... Read More »
21m ago from MotorsportWeek.com
Hamilton admits engineer change ‘detrimental'
Feb.12 Lewis Hamilton has admitted Ferrari's... Read More »
1h ago from OneStopStrategy.com
