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 »
3y 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...
3y 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...
3y ago from GrandPrix247.com

F1 tweaks budget cap to reflect inflation

Formula One approved a small increase to its $140 million per team annual...
3y 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...
3y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Marquez wins Brno MotoGP Sprint race

Marc Marquez continued his Saturday afternoon dominance with another...

Popular On IndyCarToday.com

Colton Herta hauls in IndyCar pole in Toronto

IndyCar completed a busy qualifying session on the streets of Toronto...

IndyCar Toronto – Qualifying Results

A knockout qualifying session for the NTT IndyCar Series took place on...

Andretti tops Team Penske in IndyCar’s second...

IndyCar took to the streets of Toronto on Saturday morning, turning...

Kyle Kirkwood tops opening IndyCar practice on slick...

IndyCar travels north of the Canadian border this weekend to tackle the...

Popular On TotalWRC.com

SuperSwede Solberg in command on Rally Estonia

Oliver Solberg continued his domination of WRC Delfi Rally Estonia on...

Popular On GunnersToday.com

'Protect your ankles, we are enemies now' - Chelsea...

Chelsea defender Wesley Fofana has sent a message to former teammate Noni...
4h ago from SportsKeeda.com

“It’s been good. It’s got to be better!” -...

Arsenal legend Thierry Henry has delivered his verdict on the performance...
5h ago from SportsKeeda.com

Report: Five players Chelsea could use in a deal to...

Chelsea remain interested in signing Morgan Rogers from Aston Villa, and...
9h ago from CaughtOffside.com

£20m asking price set: Chelsea star put up for sale...

Chelsea winger Raheem Sterling is reportedly up for sale for just £20m...
9h ago from CaughtOffside.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.