News Details
Red Bull long-term staff redundancies ‘painful'
Red Bull boss Christian Horner discussed the mammoth task of falling within the budget cap, which has forced painful staff cuts. Red Bull, along with Mercedes and Ferrari were the teams that had established themselves as by far the biggest spenders in Formula 1. But, in a bid to make the series both more sustainable and competitive, a budget cap has been brought in, set at $145million for the 2021 season. By 2023 though the limit will be down to $135m. With that, then, has come the need for major cuts, and Horner said it was a pain to have to make several long-term staff members redundant. “We have so many activities as well where we supply, for example, a gearbox to Toro Rosso...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Wolff and Horner reveal "pain" of axing...
Ian Parkes Friday 2 april 2021 17:05 Mercedes team principal Toto Wolff...
4y ago from GPFans.com
Horner predicts Verstappen lost "one tenth"...
During Q1, Max Verstappen drove over the kerbs at high speed. Sparks flew...
4y ago from GPBlog.com
Horner adds to Mercedes woes: With damage, Verstappen...
During Q1, Max Verstappen drove over the kerbs at high speed. Sparks flew...
4y ago from GPBlog.com
Red Bull says Sprint Race trial requires cost cap...
Red Bull team boss Christian Horner says a Sprint Race trial this season...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
“It can be dangerous” – MotoGP’s Balaton Park...
No description available...
13h ago from Motorsport.com
Fabio Quartararo handed long lap penalty for Hungarian...
No description available...
14h ago from Motorsport.com
MotoGP Hungarian GP: Marc Marquez takes pole as Pedro...
No description available...
20h ago from Motorsport.com
MotoGP Hungarian GP: Marc Marquez dominates sprint
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Milwaukee – Qualifying Results
All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
10h ago from MotorsportWeek.c...
Three Honda drivers to take IndyCar grid penalties at...
The NTT IndyCar Series has announced three grid penalties for this...
14h ago from MotorsportWeek.c...
IndyCar champ Alex Palou clinches Milwaukee Mile pole...
No description available...
10h ago from Motorsport.com
Josef Newgarden tops the timesheets for Milwaukee’s...
The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
14h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
2d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Los Blancos eyeing...
Real Madrid travel to the Estadio Carlos Tartiere on Sunday, August 24, to...
51m ago from SportsKeeda.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
1d ago from CaughtOffside.com
Arteta welcomes Eze but worried by ‘significant’...
t;li>Eze called Arteta last week to ask about potential moveSaka and...
9h ago from TheGuardian.com
Report: Arsenal have launched a £68 million offer to...
Arsenal have been very active in the transfer market this summer, and they...
10h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Hamilton and Vettel link-up raised as...
Could two F1 legends come together to try and... Read More »
1h ago from GPFans.com
Former Red Bull mechanic details amusing Max Verstappen hot...
It's not often Max Verstappen is the passenger -... Read More »
31m ago from RacingNews365.com
The ‘similar trend’ Nico Hulkenberg sees between his...
Nico Hulkenberg sees echoes of his 2013 debut... Read More »
21m ago from MotorsportWeek.com
