News Details
Horner: Budget cap has forced 'painful' redundancies
Article To news overview © Getty Images/Red Bull Contentpool Red Bull team boss Christian Horner has said that the enforced downsizing of the team due to the introduced budget cap, has resulted in having to make 'painful' redundancies. Formula 1 teams are restricted to a budget of $145 million in 2021, as part of the new financial cost cap introduced to the sport in an effort to increase competition across the field. While smaller teams might not have trouble keeping to that cap, bigger teams like Red Bull Racing are having to downsize their operations a little in order to reduce costs. We’ve had to go through the pain of redundancies over the winter," confirmed Christian Horner in...
Full Story »
Full Story »
3y ago from RacingNews365.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...
3y ago from GPFans.com
Red Bull long-term staff redundancies ‘painful'
Red Bull boss Christian Horner discussed the mammoth task of falling...
3y ago from PlanetF1.com
Horner: 'Dirt on Verstappen's tyres gave Lewis...
Christian Horner is disappointed Max Verstappen was unable to take the...
3y ago from GPBlog.com
Horner: 'Dirt on Verstappen's tyres gave Lewis...
Christian Horner is disappointed Max Verstappen was unable to take the...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Stoner warns Martin: 'I know what Ducati is willing to...
No description available...
1d ago from Motorsport.com
Davide Brivio praises Ai Ogura's ‘qualities'...
Trackhouse Racing boss Davide Brivio heaped praise on Ai Ogura after the...
23h ago from MotorsportWeek.c...
Ducati boss claims Francesco Bagnaia is 'outclassing'...
Ducati boss Davide Tardozzi delivers his verdict, stating that Francesco...
1d ago from MotorsportWeek.c...
Martin: "Bagnaia is in a team built to win, we...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
1d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
4d ago from Motorsport.com
Robert Shwartzman announced for PREMA’s second...
PREMA has announced that Robert Shwartzman will pilot one of the two cars...
4d ago from MotorsportWeek.c...
Enzo Fittipaldi to run IndyCar test with McLaren later...
Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
What Lancia needs to do to transform its rally return...
No description available...
3d ago from Motorsport.com
A Farewell Message from The Checkered Flag
After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...
1w ago from TheCheckeredFlag...
Popular On GunnersToday.com
Arsenal keen on beating Manchester United to sign £66...
No description available...
49m ago from SportsKeeda.com
Arsenal 'to battle' Man United for Sporting Lisbon...
Arsenal are reportedly preparing to battle Manchester United for Ousmane...
59m ago from SportsMole.co.uk
Exclusive: Arsenal, Liverpool and Chelsea scouting...
LOSC Lille midfielder Ayyoub Bouaddi is attracting interest from clubs...
49m ago from CaughtOffside.com
Arsenal add 14-year-old to first-team training ahead...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Audi release statement as TEAM SALE rumours emerge
Audi have released a statement as rumours about... Read More »
59m ago from GPFans.com
Clarkson: 'Verstappen possibly the best of all time,...
Jeremy Clarkson could not praise Max Verstappen... Read More »
59m ago from GPBlog.com
Hamilton Ferrari future speculated as SHOCK driver...
An FIA steward has made a bold call regarding... Read More »
1h ago from GPFans.com
