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
Aprilia stars hail performance jump in Jerez test
No description available...
1h ago from Motorsport.com
Marc Marquez pinpoints key weakness after Jerez MotoGP...
No description available...
21h ago from Motorsport.com
Uccio Salucci: 'VR46 is the top Ducati team right now'
No description available...
23h ago from Motorsport.com
Pramac MotoGP boss: 'Why do people think Yamaha isn't...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Conor Daly paces Day 1 of Indy 500 Open Test
No description available...
12h ago from Motorsport.com
Rookies take on Indianapolis in open test, Newgarden...
No description available...
14h ago from Motorsport.com
All drivers clear Indy 500 Rookie Orientation...
IndyCar’s two-day test session for the Indianapolis 500 got underway...
16h ago from MotorsportWeek.c...
Arrow McLaren has "no fear" in running all...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
2d ago from Motorsport.com
Thierry Neuville: “Nobody knows” answer to...
No description available...
1d ago from Motorsport.com
Oliver Solberg crashes out of Rally Islas Canarias
Oliver Solberg and Elliot Edmondson have crashed out of Rally Islas...
2d ago from MotorsportWeek.c...
Sebastien Ogier dominates Rally Islas Canarias
Sebastien Ogier and Vincent Landais headed a Toyota one-two-three-four in...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Premier League attacker on Arsenal and Liverpool radar...
Newcastle United attacker Anthony Gordon is high in demand ahead of the...
1h ago from CaughtOffside.com
AC Milan legend Clarence Seedorf explains why Arsenal...
AC Milan great Clarence Seedorf has stated Arsenal will win the UEFA...
2h ago from SportsKeeda.com
Sources: Mikel Arteta going all-in on left-back making...
Arsenal appear to be moving early in their search for defensive...
3h ago from CaughtOffside.com
It's all about Atletico …
Morning all. After an epic Champions League semi-final last night, it's...
4h ago from Arseblog.com
Comments
Hottest News
FIA close F1 engine loophole ahead of Miami GP
F1 has introduced a major change to its technical... Read More »
2h ago from GPFans.com
Adrian Newey 'magic' not enough to solve Aston Martin crisis
A former F1 racer has suggested that not even... Read More »
39m ago from GPFans.com
Nicolas Tombazis: We can’t be held hostage by automakers,...
Nikolas Tombazis moved to clarify Formula 1’s... Read More »
59m ago from GrandPrix247.com
