News Details
F1 makes decision on calls for budget cap increase
A meeting of the F1 Commission has resulted in a decision being made regarding calls for the budget cap to be increased in light of inflation. With Formula 1's financial regulations decreasing the 2022 budget cap to $140 million dollars, restricting the team's car and performance spend to that figure, calls have been prevalent since the start of the 2022 season to increase that figure. This is due to an unprecedented level of global inflation, exacerbated by Russia beginning military action in Ukraine. This had had a knock-on effect on logistics and freight costs, as well as spiralling energy costs – resulting in the teams having to cut spending elsewhere. Red Bull team boss...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
‘It’s not about putting a front wing on':...
Red Bull Racing team principal Christian Horner has continued his request...
3y ago from Formula1News.co.uk
Budget cap increased, technical directive on...
On Friday morning in Austria, the FIA and Formula One teams met to...
3y ago from GPBlog.com
Red Bull not satisfied yet: 'That budget cap just...
Red Bull Racing still insists on increasing the budget cap. There was...
3y ago from GPBlog.com
Alonso feels a change in development thanks to budget...
Although Alpine arrived at Silverstone with a major sidepod and floor...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
What happened at MotoGP’s official season launch in...
No description available...
35m ago from Motorsport.com
Yamaha: ’2026 MotoGP bike not performing badly but...
No description available...
4h ago from Motorsport.com
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
1d ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown “would love” Indy 500 reunion with...
No description available...
1d ago from Motorsport.com
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
2d ago from MotorsportWeek.c...
Arrow McLaren officially opens doors to new home in...
No description available...
1d ago from Motorsport.com
Mick Schumacher building confidence after first...
Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
1d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
4d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
“He never learns” - Arsenal fans furious with...
Arsenal fans have been left feeling displeased with manager Mikel Arteta...
45m ago from SportsKeeda.com
Arsenal v Sunderland – live blog
Join us for live blog coverage of our Premier League clash at home to...
45m ago from Arseblog.com
The four games Cristian Romero will miss after red...
Cristian Romero's red card for Tottenham in today's game against...
1h ago from CaughtOffside.com
Verbal agreement reached as Arsenal & Chelsea...
Fabrizio Romano reports that Juventus attacking midfielder Kenan Yildiz...
3h ago from CaughtOffside.com
Comments
Hottest News
Alpine reveal F1 2026 goal after torrid slump
Alpine suffered a painful F1 campaign last year... Read More »
45m ago from RacingNews365.com
Schumacher’s first F1 winner misses 8.5M estimate at...
Michael Schumacher’s first taste of Formula 1... Read More »
35m ago from F1i.com
F1 News Today: Lewis Hamilton Ferrari exit condition...
The chances of Lewis Hamilton exiting Ferrari... Read More »
15m ago from GPFans.com
