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

Joan Mir will ‘go to bed satisfied' after...

Joan Mir admitted that he will "go to bed satisfied" after...
16h ago from MotorsportWeek.c...

WorldSBK champion Toprak Razgatlioglu switches to...

After years of speculation, two-time WorldSBK champion Toprak...

Popular On IndyCarToday.com

Louis Foster gains new sponsor for rest of IndyCar...

Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Popular On GunnersToday.com

Real Madrid Transfer News Roundup: Arsenal want...

Real Madrid are looking ahead to the FIFA Club World Cup, which starts on...
42m ago from SportsKeeda.com

Arsenal looking to leapfrog Manchester United in bid...

Arsenal are actively looking to beat Manchester United and other...
11h ago from SportsKeeda.com

Arsenal target rejected chance to join Saudi club...

Benjamin Sesko has reportedly turned down a move to the Saudi Pro League...
15h ago from SportsKeeda.com

No offers received for Gyokeres, says Sporting...

Sporting have not received any offers for Viktor Gyokeres and the striker...
16h 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.