News Details
Seidl confirms 'impossible' to stick to 2022 budget cap
McLaren F1 boss Andreas Seidl says his team can't foresee how it will be able to stick to this year's budget cap given the unexpected rise of certain costs. Seidl's comments echo the warning also expressed by Red Bull chief Christian Horner who believes that several F1 teams could find themselves at risk of missing the final races of the 2022 season as their budgets dry up. F1's mandatory $140 million cost cap is being severely challenged by rampant inflation, higher energy and freight costs and global supply chain issues that are threatening economies around the world. Despite a season which is seeing the sport grow on all metrics, the rise in costs is inevitably placing a massive burden...
Full Story »
Full Story »
You May Also Be Interested In...
F1 row threatens existence of budget cap –...
May 24 Smaller teams are continuing to resist efforts to ramp up the...
3y ago from OneStopStrategy.com
FIA reduces 2022 budget cap
Following the news that the Russian Grand Prix will not be replaced in...
3y ago from Formula1News.co.uk
Alpine scoff at Red Bull call for F1 budget cap...
Formula 1‘s top teams should spend less on development if...
3y ago from GrandPrix247.com
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...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marco Bezzecchi eyes step at Dutch GP as Lorenzo...
No description available...
5h ago from Motorsport.com
Friday crash to affect Marc Marquez's approach to...
No description available...
7h ago from Motorsport.com
MotoGP Dutch GP: Marc Marquez beats brother to latest...
No description available...
9h ago from Motorsport.com
Marc Marquez secures Assen MotoGP Sprint victory
Marc Marquez secured an impressive MotoGP Sprint race victory in Assen...
9h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Where does Santino Ferrucci see his first IndyCar win...
No description available...
1d ago from Motorsport.com
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
2d ago from MotorsportWeek.c...
Malukas’ recovery drive secures Foyt’s best team...
During Sunday’s IndyCar race at Road America, David Malukas was the...
4d ago from MotorsportWeek.c...
Winners and Losers from IndyCar’s Road America...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak on the brink of Hyundai’s first victory of...
Ott Tanak and Martin Jarveoja dominated EKO Acropolis Rally Greece on...
4h ago from MotorsportWeek.c...
WRC Acropolis Rally: Ott Tanak pulls clear of...
No description available...
6h ago from Motorsport.com
Thierry Neuville slams Hankook tyres at WRC Acropolis...
No description available...
11h ago from Motorsport.com
WRC Acropolis Rally: Ott Tanak extends lead as Adrien...
No description available...
13h ago from Motorsport.com
Popular On GunnersToday.com
'As of today….': Club captain drops latest...
Arsenal have been linked with a move for the Valencia defender Cristhian...
2h ago from CaughtOffside.com
Report: Arsenal and Man United keen on star who...
AS Roma defender Evan Ndicka has been linked with a move away from the...
2h ago from CaughtOffside.com
Arsenal have 'made enquiries' for 25-G/A star but five...
Crystal Palace attacker Eberechi Eze has been linked with a move away from...
4h ago from CaughtOffside.com
“I hope it continues like this” - Valencia captain...
Valencia captain Jose Gaya has shared his thoughts on Arsenal's reported...
4h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton now ‘as fast' as Charles Leclerc at...
Lewis Hamilton was pleased to find... Read More »
4h ago from MotorsportWeek.com
F1 Qualifying Results: Verstappen humiliated as Red Bull...
McLaren dominated the first part of qualifying... Read More »
8h ago from GPFans.com
Lewis Hamilton can't eat due to F1 rules
Seven-time F1 champion Lewis Hamilton revealed... Read More »
4h ago from GPFans.com
