News Details
Steiner: ‘Big teams wanted more, small teams wanted nothing’
Guenther Steiner says the recently-agreed “compromise” over F1’s revised 2022 budget cap was exactly that – because it left no team particularly happy. During a meeting of the F1 Commission at the Austrian Grand Prix, it was agreed to increase this year’s spending limit of $140million for each team by 3.1% due to the high level of inflation that has gripped the global economy. The figure will be compounded for subsequent seasons. Of course, this suits the bigger teams more because they have had to make widespread adjustments to their operations to comply with the cost cap since it was introduced for 2021. With everyone naturally fighting their own corner within the discussions,...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Horner coy over F1 budget cap break
Red Bull team principal Christian Horner is happy a compromise has been...
3y ago from GPFans.com
‘You live by your choices': Guenther Steiner...
Haas team principal Guenther Steiner has suggested that Michael...
3y ago from Formula1News.co.uk
Is Red Bull behind schedule? 'Updates not ready for...
Because of the budget cap in Formula 1, teams have to be more frugal with...
3y ago from GPBlog.com
Guenther Steiner reveals if Ferrari will decide Mick...
Haas team principal Guenther Steiner has confirmed that Ferrari do not...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
MotoGP to leave Phillip Island in favour of Adelaide...
MotoGP has confirmed that the Australian Grand Prix will move from...
10h ago from MotorsportWeek.c...
Aprilia steps up efforts to lure Francesco Bagnaia for...
No description available...
10h ago from Motorsport.com
Casey Stoner leads criticism as Phillip Island’s...
No description available...
12h ago from Motorsport.com
Adelaide set to host the 2027 Australian MotoGP Grand...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar grows international broadcast offerings for...
The NTT IndyCar Series has announced that its already extensive global...
6h ago from MotorsportWeek.c...
IndyCar expanding global broadcasting presence for the...
No description available...
7h ago from Motorsport.com
Firestone prepared to take new right-front tire for...
No description available...
1d ago from Motorsport.com
Alexander Rossi fastest as rain disrupts second...
The NTT IndyCar Series completed the second and final day of testing at...
22h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
3d ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
4d ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
4d ago from Motorsport.com
Elfyn Evans wins Swedish showdown
Elfyn Evans and Scott Martin clinched victory on Rally Sweden which ended...
4d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Newcastle star Anthony Gordon's preferred club amid...
Newcastle United star Anthony Gordon reportedly prefers a move to...
2h ago from SportsKeeda.com
Arsenal ready to complete attacking puzzle with move...
Arsenal remain interested in signing Nico Williams from Athletic Club...
3h ago from CaughtOffside.com
Arsenal & Man United have ‘significant'...
Karl Etta Eyong has been linked with a move away from Levante, and the...
2h ago from CaughtOffside.com
Arsenal star makes decision on Emirates future,...
Bukayo Saka has signed a new long-term contract with Arsenal, and the...
7h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin F1 agony laid bare in 87 painful seconds as...
Aston Martin's F1 testing agony was laid bare in... Read More »
4h ago from GPFans.com
F1 champion Lando Norris splits with girlfriend Magui...
F1 world champion Lando Norris has broken up with... Read More »
40m ago from GPFans.com
F1: Test Times: Bahrain 19-02
Today's times from Manama, the second day of the... Read More »
7h ago from Pitpass.com
