News Details

Helmut Marko cautions F1 against ‘degenerating into an accountant’s championship'

Red Bull adviser, Dr Helmut Marko, has revealed that the team had to make some cuts to accommodate for the $140 million budget cap introduced at the start of this season. The first-ever cap was introduced last season, and stood at $145 million. No one fell foul of that, although Williams were fined for failing to disclose their expenses in time after the 2021 season. The money has to be spread out between freight transportation, production of parts, testing of parts, wind tunnel use, man and woman hours in the factory, damage repairs and more. That all adds up over the course of a season, particularly with the rate of inflation as it is currently, so the FIA agreed to bump it back up to...
Full Story »
Share

You May Also Be Interested In...

Marko: I hope F1 doesn't become an accountant's...

Helmut Marko shed light on how Formula 1 teams work under the budget cap,...
3mo ago from GrandPrix247.com

Sainz first visit to Ferrari was a 'secret expedition'

Carlos Sainz's first visit to Maranello was a clandestine operation to...
3mo ago from GrandPrix247.com

Carlos Sainz told he's slower than Charles Leclerc

AlphaTauri team principal Franz Tost believes that Charles Leclerc has an...
3mo ago from Formula1News.co.uk

When F1i's boss delivered to Jordan its first F1...

Bertrand Gachot is the energetic driving force behind the HYPE energy...
3mo ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar planning updated marketing strategy for next...

The NTT IndyCar Series is planning to significantly increase its marketing...

New television series showcasing Indy 500 announced

A new documentary series named “100 Days to Indy” is being planned for...

Popular On TotalWRC.com

M-Sport signs Tänak for 2023 season

Ott Tanak has announced that he will be driving for the M-Sport Ford WRC...

Popular On GunnersToday.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.