News Details
Horner hopes the budget cap helps to 'safeguard smaller teams'
Red Bull team principal Christian Horner hopes the introduction of a budget cap into Formula 1 helps to 'safeguard' struggling teams. In recent years, Caterham and Manor have pulled out of the sport due to the extreme financial pressures. Force India came back from the brink in 2018 when a consortium led by Lawrence Stroll purchased the team. Article continues under video Williams are the latest team to face an uncertain future, but Horner is confident the $145million budget cap will prevent future struggles. "The plans for the next five years make F1 a more attractive proposition to outside investment, to investors, and sponsors," Horner told Motorsport.com. "I think that...
Full Story »
Full Story »
3y ago from GPFans.com
0
You May Also Be Interested In...
Horner: 'F1 shouldn't become an accounting...
Last week the teams and Formula 1 agreed on the budget cap that will be...
3y ago from GPBlog.com
Horner: I just hope we don't become an accounting...
Red Bull team principal Christian Horner has said that he hopes the new...
3y ago from GrandPrix247.com
Ecclestone doesn't support budget cap: 'It's been...
As of 2021 there will be a budget cap that Formula 1 teams will have to...
3y ago from GPBlog.com
Budget cap could help drive Mercedes into other series
The cost cutting that will be required because of the introduction of...
3y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia needs "better bike" to be stronger...
No description available...
10m ago from Motorsport.com
Pramac's Morbidelli still "missing freedom"...
No description available...
20h ago from Motorsport.com
F1 owner Liberty Media set to finalise purchase of...
Formula 1 owner Liberty Media are in talks to buy Madrid-based company...
1d ago from MotorsportWeek.c...
Oliveira frustrated by "baby steps" as 2024...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
The good, bad, and ugly of IndyCar's half-baked...
No description available...
18h ago from Motorsport.com
Rasmussen, Siegel and Simpson complete oval rookie...
No description available...
1d ago from Motorsport.com
Rising concerns in IndyCar over PFC’s braking system
No description available...
2d ago from Motorsport.com
Rosenqvist: Confidence within MSR growing with every...
Felix Rosenqvist has started off his time with Meyer Shank Racing on a...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC Safari Rally: Rovanpera stuns rivals to lead as...
No description available...
2h ago from Motorsport.com
Neuville reveals “MacGyver” style WRC Safari Rally...
No description available...
1h ago from Motorsport.com
How WRC Rally1 teams embraced the return of the...
No description available...
18h ago from Motorsport.com
WRC Safari Rally: Neuville edges Tanak to grab early...
No description available...
23h ago from Motorsport.com
Popular On GunnersToday.com
'You're all getting kidded' - Roy Keane makes...
No description available...
59m ago from SportsKeeda.com
Alan Shearer chooses Premier League winner between Man...
The winner of Sunday's top-of-the-table match between Manchester City and...
60m ago from CaughtOffside.com
Arsenal and Manchester United keen on French defensive...
Arsenal and Manchester United are always on the lookout for prospects who...
30m ago from CaughtOffside.com
“Both playing really well at the moment” - Jack...
No description available...
29m ago from SportsKeeda.com
Comments
Hottest News
Verstappen and Red Bull see key member suddenly leave with...
Red Bull Racing and Max Verstappen are saying... Read More »
3h ago from GPBlog.com
Max Verstappen poised to join new team in 2025
Max Verstappen's dominance in Formula 1 may not... Read More »
59m ago from Formula1News.co.uk
Who is Lee Stevenson, Verstappen's chief mechanic leaving...
Lee Stevenson announced his departure from Red... Read More »
59m ago from GPBlog.com