News Details
Alpine scoff at Red Bull call for F1 budget cap increase
Formula 1‘s top teams should spend less on development if inflationary pressures put them at risk of busting a budget cap, according to Alpine boss Otmar Szafnauer. Red Bull's Christian Horner warned at the Spanish Grand Prix that a majority of the 10 teams would struggle to comply with financial restrictions imposed this season and an increase was needed. Szafnauer said Renault-owned Alpine's predicted spending remained inside the annual cap and saw no reason to go beyond the current $140 million. 'We've set our budgets early, we kind of anticipated a little bit of the inflation. Inflation didn't just creep up on us,' said the American, whose team are in sixth place after six races....
Full Story »
Full Story »
1y ago from GrandPrix247.com
0
You May Also Be Interested In...
FIA reduces 2022 budget cap
Following the news that the Russian Grand Prix will not be replaced in...
1y ago from Formula1News.co.uk
Steiner: It's not the budget cap, it's the budget
Guenther Steiner says Haas won't be left in 'pain' by their decision not...
1y ago from PlanetF1.com
Spanish Grand Prix: Top three press conference
Transcript from the post-race interviews and FIA hosted top three press...
1y ago from GrandPrix247.com
Formula 1 teams will miss races unless budget cap...
Formula 1 teams will be forced to miss races this season unless the...
1y ago from BBC.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Bagnaia critical of “no plan” MotoGP sprint races
No description available...
11h ago from Motorsport.com
Vinales: Jerez MotoGP sprint should have been...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Palou “not very pleased” by mysterious pace slump...
No description available...
3h ago from Motorsport.com
Roger Penske summons IndyCar team owners for impromptu...
No description available...
7h ago from Motorsport.com
IndyCar Barber – Qualifying Results
The fight for pole came down to the very final corner of the 15-turn...
6h ago from MotorsportWeek.c...
McLaughlin admits "it's been a tough week"...
No description available...
4h ago from Motorsport.com
Popular On TotalWRC.com
WRC looking to add F1-style team radio to TV broadcasts
No description available...
2d ago from Motorsport.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
3d ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
3d ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'One of the most successful players in PL history':...
No description available...
1h ago from SportsKeeda.com
Arsenal or Manchester City? Emmanuel Petit predicts...
No description available...
2h ago from SportsKeeda.com
Peter Crouch names 2 Tottenham stars who could cause...
No description available...
7h ago from SportsKeeda.com
Arsenal's Bukayo Saka out to emulate Ian Wright feat...
Arsenal winger Bukayo Saka could match a 30-year-old feat last achieved by...
5h ago from SportsMole.co.uk
Comments
Hottest News
Newey's wife 'scoping out properties' in MAJOR hint over...
Adrian Newey is set to leave Red Bull in a major... Read More »
15h ago from GPFans.com
Red Bull announce strong statement over Newey departure...
Red Bull have responded to reports that legendary... Read More »
10h ago from GPFans.com
Mercedes reveal shock RED livery to celebrate historic...
Mercedes has made a shock revelation ahead of the... Read More »
7h ago from GPFans.com