News Details
F1 teams hold cost cap concerns
Franz Tost of AlphaTauri Inflation, increased costs, and a reduced cost cap figure for 2022 are combining to make life difficult for Formula 1 teams. Financial regulations introduced into F1 last season limit what teams are allowed to spend, a figure which has dropped $5 million for 2022. Set at $145 million last year, that has dropped to $140 million this time around and will fall to $135 million next season. That comes against the backdrop of high inflation with the United States reaching a 40-year high of 7.5 percent. For F1 teams, that adds further pressure to budgets which in some instances have been cut by as much as 75 percent in recent seasons. It could also mean the cost cap...
Full Story »
Full Story »
3y ago from SpeedCafe.com
0
You May Also Be Interested In...
Horner: War inflation spike serious problem for F1...
Red Bull team principal Christian Horner sees nothing illegal in the...
3y ago from GrandPrix247.com
Aston Martin explain impact of cost cap, tyres and...
Interview To news overview © RN365/Michael Potts Aston Martin head into...
3y ago from RacingNews365.com
Horner wants urgent discussion of F1 budget cap
Formula One needs an urgent discussion of its budget cap as teams are...
3y ago from espnF1.com
Horner calls for budget cap review
Concerned at rising energy costs, interest rates and inflation, Christian...
3y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1w ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
4d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
4d ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta praises IndyCar's delayed cautions;...
No description available...
4h ago from Motorsport.com
The winners and losers from IndyCar’s Grand Prix of...
No description available...
11h ago from Motorsport.com
IndyCar Laguna Seca – Race Results
IndyCar traveled clear across the country since last weekend’s race,...
22h ago from MotorsportWeek.c...
A bittersweet weekend for IndyCar’s Arrow McLaren at...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
3d ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Los Blancos eyeing...
Real Madrid will have their eyes on the league and the Champions League...
2h ago from SportsKeeda.com
Barcelona Transfer News Roundup: Cristiano Ronaldo...
Barcelona secured a 3-1 win over Vissel Kobe on Sunday, July 27, at the...
2h ago from SportsKeeda.com
'Only thing I need is some assists” - Viktor...
Arsenal's new signing, Viktor Gyokeres, thrilled many Gunners' fans on...
6h ago from SportsKeeda.com
“It’s scary to play against him” - Arsenal...
Arsenal defender William Saliba has proclaimed new signing Viktor Gyokeres...
7h ago from SportsKeeda.com
Comments
Hottest News
Lando Norris one of TEN drivers hit by late FIA ruling...
Lando Norris was revealed as one of 10 F1 stars... Read More »
1h ago from GPFans.com
Italian media hand Lewis Hamilton SHOCK rating after...
The Italian F1 media have delivered their verdict... Read More »
44m ago from GPFans.com
Max Verstappen's dad in TENSE exchange with Sky F1 pundit...
Max Verstappen’s father – Jos Verstappen –... Read More »
4h ago from GPFans.com