News Details

Horner wary of ‘accounting world championship'

Although Christian Horner says F1 will be 'stronger' for the budget cap, he fears the sport could descend into an 'accounting world championship'. Last month Formula 1 voted on a reduced budget cap with a limit of just $145 million for next season, which will fall to $130m over the following two seasons. The cap is down from the original $175m and has already played a part in McLaren announcing job cuts. The Woking team is unlikely to be the only outfit forced to reduce its numbers in the coming months. It is, however, for the good of the sport's long-term survival acknowledges Horner. 'I think that there's been a lot of work, a lot of ground given particularly by the big three teams, and...
Full Story »
3y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Horner: Vettel at Mercedes 'would be great for all of...

Red Bull Racing team boss Christian Horner would love to see Sebastian...
3y ago from F1i.com

Steiner: Budget cap is 'stake in the ground' for new...

Haas team boss Guenther Steiner says the formal introduction of a budget...
3y ago from F1i.com

Racing Point: Big teams now 'dinosaurs' thanks to...

Racing Point technical director Andy Green says that F1's budget cap will...
3y ago from F1i.com

FIA ratifies reduced budget cap for 2021, further cut...

Formula 1’s budget cap has been reduced for the 2021 season following a...
3y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Acosta feels KTM was at its ‘most competitive'...

Pedro Acosta felt as though his MotoGP GasGas KTM bike was 'the most...

Miller admits ‘really struggling to run the...

Jack Miller admitted that he was 'really struggling to run the pace' on...

Popular On IndyCarToday.com

Abel ends Indy 500 entry hopes, cites funding as cause

Abel Motorsports will not be fielding a car in this year’s Indianapolis...

American flag livery returns for AJ Foyt Indy 500 entry

AJ Foyt Racing announced Wednesday that it is bringing its popular...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal step up talks to beat Man City to...

Arsenal and Manchester City have reportedly approached representatives of...
1h ago from FreshArsenal.com

Report: Arsenal make their move for priority midfield...

Arsenal have taken a decisive step forward in the pursuit of their number...
1h ago from FreshArsenal.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.