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 »
4y 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...
4y ago from GPFans.com
Red Bull long-term staff redundancies ‘painful'
Red Bull boss Christian Horner discussed the mammoth task of falling...
4y ago from PlanetF1.com
Horner: 'Dirt on Verstappen's tyres gave Lewis...
Christian Horner is disappointed Max Verstappen was unable to take the...
4y ago from GPBlog.com
Horner: 'Dirt on Verstappen's tyres gave Lewis...
Christian Horner is disappointed Max Verstappen was unable to take the...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo wants to test Yamaha’s V4 MotoGP...
No description available...
1h ago from Motorsport.com
Francesco Bagnaia will find his championship-winning...
No description available...
36m ago from Motorsport.com
Francesco Bagnaia ‘running out of patience’ with...
Francesco Bagnaia revealed it is “difficult to explain” his 2025...
1d ago from MotorsportWeek.c...
Joan Mir reveals ‘realistic position’ for Honda...
Joan Mir revealed his sixth-place in Sunday’s Austrian MotoGP race was...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
NASCAR Trucks to join IndyCar for St. Petersburg race...
The 2026 schedule for the NASCAR Craftsman Truck Series (NCTS) was...
20h ago from MotorsportWeek.c...
Mexico IndyCar race edges closer as officials visit...
No description available...
22h ago from Motorsport.com
Marcus Armstrong will return to Meyer Shank Racing for...
No description available...
2d ago from Motorsport.com
MSR extends Marcus Armstrong contract for 2026 IndyCar...
Meyer Shank Racing announced on Monday that it will keep Marcus Armstrong...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
6d 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
Paul Merson predicts Manchester City vs Tottenham,...
It's only been a week since the Premier League returned and what a joy it...
56m ago from SportsKeeda.com
Expert reveals Arsenal have been in the race to sign...
Arsenal have looked at Atalanta winger Ademola Lookman this summer,...
3h ago from CaughtOffside.com
'It's a joke and I'm f****” - Jamie O’Hara loses...
Former Tottenham star Jamie O'Hara lost his cool in the talkSPORT studio...
3h ago from SportsKeeda.com
Fabrizio Romano reveals the date of Eberechi Eze's...
Eberechi Eze's Arsenal medical has been scheduled to take place tomorrow,...
4h ago from CaughtOffside.com
Comments
Hottest News
'I got it wrong': F1 champion reveals major career regret
An F1 champion has opened up on his biggest... Read More »
2h ago from GPFans.com
Max Verstappen stunned after shock Yuki Tsunoda admission
Max Verstappen was left stunned after hearing a... Read More »
4h ago from GPFans.com
Why Valtteri Bottas may not serve his existing grid penalty...
The good news continues to roll in for the... Read More »
1h ago from RacingNews365.com
