Red Bull team principal Christian Horner has said that he hopes the new cost cap does not make Formula 1 an 'accounting world championship'. The World Motorsport Council ratified the cost cap last week, which will limit teams to spending $145m per season, with exceptions. The plans were unanimously agreed upon by the teams, but reports indicate that there still needs to be some details hammered out in order to avoid controversy. Speaking in an interview with motorsport.com, Horner said that Red Bull had taken a pragmatic view with the benefit of the sport in mind, but warned that clarification would be needed. “I think that there's been a lot of work, a lot of ground given particularly...
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