News Details
‘Many teams' will break budget cap – Binotto
May 29 Ferrari has joined Red Bull in pushing for an emergency increase to Formula 1's $140 million team budget cap for 2022. Red Bull's Christian Horner has warned that most teams will completely run out of money prior to the season finale due to rampant inflation. And his counterpart at Ferrari, Mattia Binotto, agrees that it will be 'impossible' for most teams to stay under the $140m mark because of price increases. 'Six percent inflation was not foreseeable and is very high,' he told Sky Italia in Monaco. 'Many teams will break the budget cap if it stays like this. Then the entire value of the measure will be questioned.' Some smaller teams including Alpine, Aston Martin and Haas,...
Full Story »
Full Story »
3y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Red Bull's budget cap problem ‘great' –...
May 28 Some teams are refusing to budge as Red Bull leads a vocal...
3y ago from OneStopStrategy.com
Horner: All major teams will certainly breach budget...
Red Bull boss Christian Horner warned that some Formula 1 team might miss...
3y ago from GrandPrix247.com
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
‘No top team' within 2022 budget cap –...
May 26 The budget cap has become a big problem amid surging global...
3y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
4h ago from Motorsport.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
1d ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
1d ago from Motorsport.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
How to watch IndyCar 2026 at Long Beach: Weekend...
No description available...
1d ago from Motorsport.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
1d ago from Motorsport.com
Experienced engineer Mike O’Gara joins IndyCar as...
IndyCar has announced that Mike O’Gara has joined the series as Vice...
1d ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Thierry Neuville wants to "make everyone proud...
No description available...
28m ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
1d ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'They will nick it' - Wayne Rooney predicts Premier...
Wayne Rooney has made a confident prediction on who among Manchester City...
38m ago from SportsKeeda.com
“You forget about the football” - Ex-Arsenal star...
Former Arsenal star Jorginho has weighed in on Mikel Arteta's...
2h ago from SportsKeeda.com
Erling Haaland makes feelings clear about facing...
Manchester City striker Erling Haaland has admitted that he is looking...
38m ago from SportsKeeda.com
Chaos and controversy: Bayern Munich v Real Madrid was...
Rushden is joined by Barry Glendenning, Archie Rhind-Tutt and Jonathan...
2h ago from TheGuardian.com
Comments
Hottest News
Michael Masi handed surprise amnesty for 2021 F1...
Niels Wittich, the former F1 director, came to... Read More »
1h ago from MotorsportWeek.com
McLaren F1 replacement twist after new signing Lambiase's...
An F1 insider has issued his verdict on a... Read More »
4h ago from GPFans.com
F1 star makes rival driver plea after 'unacceptable' crash
Haas F1 star Oliver Bearman has called for more... Read More »
1h ago from GPFans.com
