News Details

Horner: F1 budget cap inflation increase still 'not enough'

Red Bull team boss Christian Horner says the inflation-based increase to F1's current budget cap is "not enough" for the sport's big teams and "too much" for the smaller ones. The cost cap was a main topic on the agenda of the F1 Commission's meeting on Friday at the Red Bull Ring. In the past few months, the sport's bigger teams have lobbied for lifting the $140 million threshold, arguing that rampant inflation was eating into their budgets and threatening an inevitable overrun of the current cap. Teams were initially awarded an extra $1.2 million allowance linked with the inclusion of a 22nd race on F1's 2022 calendar. But Friday's discussions yielded an additional...
Full Story »
2y ago from F1i.com 0
Share

You May Also Be Interested In...

F1 teams get indexed budget cap increase to stem...

Formula One Management, the FIA and the sport's teams have agreed on a...
2y ago from F1i.com

Formula 1 approves minor increase on budget cap

Formula 1 approved a small increase to its $140-Million per team annual...
2y ago from GrandPrix247.com

F1 tweaks budget cap to reflect inflation

Formula One approved a small increase to its $140 million per team annual...
2y ago from espnF1.com

F1 makes decision on calls for budget cap increase

A meeting of the F1 Commission has resulted in a decision being made...
2y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Atalanta 0-0 Arsenal: Champions League – as it...

lkeeper David Raya saved a penalty and then produced an audacious second...
21m ago from TheGuardian.com

David Raya’s double save from penalty earns Arsenal...

el Arteta had promised that this week would be the acid test of how much...
21m ago from TheGuardian.com

(Image) Arsenal star creates unique piece of history...

Arsenal kicked off their Champions League campaign with a goalless draw...
1h ago from CaughtOffside.com

Manchester City’s bluntness against Inter may give...

lian side’s low block stifled Pep Guardiola’s men and offered...
21m ago from TheGuardian.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.