News Details
Horner seeking urgent discussion on F1 budget cap
Red Bull team boss Christian Horner says rampant inflation and higher energy costs have put a burden on Formula 1 teams that justify an urgent discussion on the sport's budget cap. This year's cost cap threshold for teams sits at $140 million, a $5 million drop compared to last season, with next year's cap dropping to $135 million. The cost savings measures introduced last season have forced Grand Prix racing's bigger teams to streamline or restructure part of their operations which has inevitably led to head count reduction and to painful redundancies. But rising energy prices in the world coupled with global supply chain issues – not to mention the potential economic fall-outs from the...
Full Story »
Full Story »
You May Also Be Interested In...
Horner: War inflation spike serious problem for F1...
Red Bull team principal Christian Horner sees nothing illegal in the...
3y ago from GrandPrix247.com
Horner calls for budget cap review
Concerned at rising energy costs, interest rates and inflation, Christian...
3y ago from Pitpass.com
Uralkali: Haas unreasonable, we want an immediate...
Ditched Haas F1 Team sponsors Uralkali is seeking a refund of the 2022...
3y ago from GrandPrix247.com
‘Daniel Ricciardo is feeling unwell': McLaren...
Charles Leclerc ended the morning session of the first day of pre-season...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Sepang shakedown test: Schedule, riders and how...
No description available...
3h ago from Motorsport.com
Why KTM thinks it "hasn't done enough yet"...
No description available...
5h ago from Motorsport.com
Aprilia confirms Jorge Martin will miss Sepang MotoGP...
No description available...
7h ago from Motorsport.com
Pedro Acosta on MotoGP silly season rumours: “Those...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
1d ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
1d ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
5d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
1h ago from Motorsport.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
22h ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
2d ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Change it around for FC Kairat + Arteta's press...
Morning. We play our final league stage game of the Champions League this...
9h ago from Arseblog.com
Sources: Euro giants target move for summer signing...
Ajax have launched a major winter operation to add leadership, experience,...
10h ago from CaughtOffside.com
Arsenal, Man United and Chelsea lock horns for...
Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
19h ago from CaughtOffside.com
Arteta feeling bullish after Arsenal ‘take...
t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
23h ago from TheGuardian.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 3
The third day of on-track action for F1 in 2026... Read More »
8h ago from RacingNews365.com
2026 F1 Barcelona Pre-Season Test - Day 3 Morning Results
Check out the results from the morning session at... Read More »
4h ago from RacingNews365.com
Lewis Hamilton says he still doesn't have a feeling for...
Seven-time Formula 1 Champion Lewis Hamilton... Read More »
1h ago from GrandPrix247.com
