News Details

Horner: All major teams will certainly breach budget cap

Red Bull boss Christian Horner warned that some Formula 1 team might miss some races towards season end due to the budget cap, but now claims major teams will actually breach it. Formula 1‘s top teams all risk penalties for breaking the budget cap this season due to inflation and spiralling costs and the sport needs to act, Red Bull boss Christian Horner said on Saturday. Representatives of Red Bull, Ferrari and Mercedes told reporters at the Monaco Grand Prix that it was becoming impossible to stay within limits in what they said was a force majeure situation. Breaches of less than 5% are regarded as minor under the financial regulations, with penalties yet to be determined. 'I...
Full Story »
6mo ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

F1 row threatens existence of budget cap –...

May 24 Smaller teams are continuing to resist efforts to ramp up the...
6mo ago from OneStopStrategy.com

Alpine scoff at Red Bull call for F1 budget cap...

Formula 1‘s top teams should spend less on development if...
6mo ago from GrandPrix247.com

Red Bull's budget cap problem ‘great' –...

May 28 Some teams are refusing to budge as Red Bull leads a vocal...
6mo ago from OneStopStrategy.com

Marko sees danger: 'None of the top teams are within...

The budget cap threatens to become another important issue for the FIA...
6mo ago from GPBlog.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

McLaren SP not out to copy and paste Team Penske

'All I would say is, I want to emulate Penske’s results'
23h ago from SpeedCafe.com

RLLR swaps Lundgaard, Harvey ahead of 2023 IndyCar...

Rahal Letterman Lanigan Racing has swapped Christian Lundgaard and Jack...
4d ago from SpeedCafe.com

O’Ward willing to pause IndyCar career if F1...

McLaren’s star IndyCar driver Pato O’Ward recently completed another...

Popular On TotalWRC.com

WRC unveils the 2023 season calendar

The 2023 WRC season calendar has been unveiled and it features two...

Popular On GunnersToday.com

AC Milan 'join Liverpool in race for Noah Okafor'

AC Milan reportedly join a number of European clubs, including Liverpool,...
4h ago from SportsMole.co.uk

Arsenal star misses England training ahead of World...

Arsenal defender Ben White missed England’s most recent training session...
6h ago from CaughtOffside.com

Edu set to seal an absolute steal as Arsenal close in...

Arsenal look set to win the race to sign Mykhaylo Mudryk in the January...

World Cup round-up: 765 minutes of mixed fortunes

After four matches a day for more than a week, we're both behind in our...
8h ago from News.ArseBlog.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.