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 »
3y 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...
3y 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...
3y ago from PlanetF1.com

Horner warns of inflation's effect on cost cap

Article To news overview © RN365/Michael Potts Christian Horner has...
3y 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...
3y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Fermin Aldeguer to miss MotoGP season opener in...

Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...
17h ago from MotorsportWeek.c...

Marco Bezzecchi satisfied with ‘smaller’...

Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
20h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
11h ago from MotorsportWeek.c...

IndyCar announces multi-year extension with engine...

The NTT IndyCar Series has announced a long-term continuation with both...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

“He was a bit of a passenger” - Peter Crouch...

Peter Crouch singled out Arsenal star Eberechi Eze for criticism,...
56m ago from SportsKeeda.com

“They just keep throwing City a bone, don’t...

Former Chelsea midfielder Craig Burley believes Arsenal are dropping too...
16m ago from SportsKeeda.com

“It’s always like this” - Arsenal boss Mikel...

Arsenal manager Mikel Arteta has shared his thoughts on struggling star...
1h ago from SportsKeeda.com

“Do you know what?” - Arsenal hero Martin Keown...

Arsenal legend Martin Keown has agreed with Brentford boss Keith Andrews...
1h ago from SportsKeeda.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.