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 »
1y 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...
1y 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...
1y ago from GrandPrix247.com
F1 row threatens existence of budget cap –...
May 24 Smaller teams are continuing to resist efforts to ramp up the...
1y ago from OneStopStrategy.com
‘No top team' within 2022 budget cap –...
May 26 The budget cap has become a big problem amid surging global...
1y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Miller ‘quite dumbfounded' after Morbidelli...
KTM rider Jack Miller was left feeling 'quite dumbfounded' after an...
52m ago from MotorsportWeek.c...
Marquez 'doesn't have just one option' for 2025...
No description available...
4h ago from Motorsport.com
MotoGP miscalculated Spanish GP attendance by over...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren releases Malukas due to lingering hand...
Arrow McLaren announced Monday that it has released David Malukas from its...
1d ago from MotorsportWeek.c...
IndyCar Barber: Start times, how to watch on TV, entry...
No description available...
4d ago from Motorsport.com
Arrow McLaren releases David Malukas from IndyCar...
No description available...
1d ago from Motorsport.com
Power feeling close to IndyCar form that captured 2022...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
Stellantis motorsport chief gives verdict on WRC...
No description available...
2h ago from Motorsport.com
FIA: WRC regulations debate won’t affect 2025 tyre...
No description available...
1d ago from Motorsport.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
6d ago from Motorsport.com
WRC looking to add F1-style team radio to TV broadcasts
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal, Borussia Dortmund 'interested in 18-year-old...
Arsenal and Borussia Dortmund are reportedly preparing to rival one...
52m ago from SportsMole.co.uk
'If you're too cautious in football, you can't win...
No description available...
51m ago from SportsKeeda.com
Arsenal news: Jorginho set to extend Gunners stay
No description available...
1h ago from SkySports.com
Declan Rice reveals how 'exciting' Arsenal project...
Arsenal midfielder Declan Rice has revealed he chose a move to the...
3h ago from CaughtOffside.com
Comments
Hottest News
Newey submits Red Bull 'resignation' ahead of exit
Red Bull’s technical genius - Adrian Newey, is... Read More »
4h ago from GPFans.com
McLaren announce huge multi-year partnership with global...
McLaren has entered a new two-year partnership... Read More »
51m ago from RacingNews365.com
'Official' Red Bull statement on Newey exit IMMINENT
An official Red Bull statement on the future of... Read More »
6h ago from GPFans.com