News Details

F1 row threatens existence of budget cap – Vasseur

May 24 Smaller teams are continuing to resist efforts to ramp up the budget cap as a response to inflation. The $140 million budget cap has also become an issue in recent weeks as Ferrari's Mattia Binotto expressed concerns about Red Bull's rate of car development. 'It is no longer possible to bring new parts to every race,' he said. 'At the pace of development that we are now seeing, many teams will soon reach the limits of the cost cap.' A source told Auto Motor und Sport: 'If everyone is honest, there can be no further development after the Canadian GP.' An unnamed team boss added: 'We'd have to lay off 50 people.' Red Bull has dismissed the accusation of questionable spending on car...
Full Story »
Share

You May Also Be Interested In...

Bottas' butt photo ‘one of the best' Hamilton...

Former team-mates Lewis Hamilton and Valtteri Bottas have always appeared...
3y ago from Formula1News.co.uk

Alonso questions Alpine's ‘new rear wing' claim

May 20 Fernando Alonso has questioned the accuracy of his boss' recent...
3y ago from OneStopStrategy.com

Perez team orders anger ‘understandable' –...

May 23 Sergio Perez is 'negotiating' for a new Red Bull deal, according...
3y ago from OneStopStrategy.com

Russell reacts to Wolff's assessment of 2022 Mercedes:...

Mercedes’ George Russell has affirmed that 'diva' is not the word he...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

Popular On TotalWRC.com

Popular On GunnersToday.com

'Chelsea gave us a £75m GK for 50p' - Arsenal fans...

Arsenal fans have taken to X to hail new goalkeeper Kepa Arrizabalaga...
49m ago from SportsKeeda.com

'We need to sell him', 'Not sure what to do with him'...

Arsenal fans on X have blasted Gabriel Martinelli after he struggled to...
49m ago from SportsKeeda.com

'We were more invincible than them in two seasons' -...

Jose Mourinho has claimed that the Chelsea side during his first stint was...
1h ago from SportsKeeda.com

Manchester derby and Arsenal vs Man City live on Sky...

The Manchester derby and Man City's trip to Arsenal will be live on Sky...
1h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.