News Details

Steiner offers pragmatic response to Red Bull budget cap worries

Article To news overview © Michael Potts / RacingNews365 Haas Team Principal Guenther Steiner has dismissed Christian Horner's concerns that some teams may be forced to miss races later this year in order to spend below the budget cap. 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. Horner has suggested that up to seven teams may be forced to miss Grands Prix in 2022 unless the cap is increased. But Steiner has offered a different approach, insisting that teams must find a way to make the...
Full Story »
Share

You May Also Be Interested In...

Horner: All major teams will certainly breach budget...

Red Bull boss Christian Horner warned that some Formula 1 team might miss...
3y ago from GrandPrix247.com

F1 row threatens existence of budget cap –...

May 24 Smaller teams are continuing to resist efforts to ramp up the...
3y ago from OneStopStrategy.com

‘We will go over': Binotto warns Ferrari and...

Ferrari team principal Mattia Binotto believes that it will be impossible...
3y ago from Formula1News.co.uk

Verstappen's manager warns the FIA that a driver...

With inflation hitting every corner of the planet, discussions have begun...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

MotoGP to return to Buenos Aires from 2027 season

MotoGP has officially announced that the Grand Prix of Argentina will...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
23h ago from MotorsportWeek.c...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

IndyCar Toronto – Race Results

IndyCar completed its sole visit across the border this weekend, with a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Real Madrid want to sign Arsenal man alongside...

Arsenal are building a squad that is capable of challenging on all fronts,...
3h ago from CaughtOffside.com

'He’s interested in that move' – Insider...

Arsenal have been very active in the transfer market this summer,...
4h ago from CaughtOffside.com

'Conclusion imminent' – Arsenal to finally...

It's been a long few weeks, but Arsenal are finally about to complete the...
3h ago from CaughtOffside.com

Myles Lewis-Skelly's reaction to Fabrizio Romano's...

A video of Myles Lewis-Skelly's reaction to Fabrizio Romano's social media...
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.