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Brawn confirms imminent budget cap review
In the midst of a cost of living crisis, Ross Brawn said Formula 1 would be discussing the budget cap of $140million at Tuesday's F1 Commission meeting. Formula 1 is not exempt from the rising cost-of-living crisis the world is facing at present. Last month, Red Bull team boss Christian Horner called for an 'urgent' look at the set $140million teams are permitted to spend under the budget cap. Citing rampant inflation and higher energy costs that have put a burden on Formula 1 teams, Horner added that even the 'air freight just to this event', which was Bahrain, had gone up dramatically compared to 2021. F1 managing director Brawn has acknowledged it is something that needs to be...
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