News Details
Only three teams reject F1 budget cap hike
Apr.11 Only three Formula 1 teams are now arguing against a move to raise the budget cap by $7 million. Red Bull's Christian Horner says teams' freight costs in particular are 'doubling' in 2022 as a result of factors like covid and the Ukraine-Russia war. 'We also see it in the cost of living. We see inflation throughout the world,' he said. 'We need to find a sensible allowance that takes into account these inflationary costs because the only compensatory place to offset that is parts and people. 'Formula 1 is acutely aware of that, the FIA are acutely aware. I think the teams by and large are looking to find a workable solution.' Initially, it was mainly the biggest teams like Red Bull...
Full Story »
Full Story »
3y ago from OneStopStrategy.com
0
You May Also Be Interested In...
F1 should brace for more freight chaos
Apr.8 Freight chaos could become commonplace in Formula 1 this year,...
3y ago from OneStopStrategy.com
DHL beats serious odds getting F1 freight to Melbourne
A last-minute dash across the world has ensured that all the teams will...
3y ago from GrandPrix247.com
F1's close call with Melbourne sea freight delay
Apr.7 Formula 1 team's crucial sea freight almost didn't arrive on time...
3y ago from OneStopStrategy.com
DHL rescue mission avoided last-minute F1 freight...
Formula 1's logistics partner DHL took action last weekend to avoid a...
3y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Malaysian GP targets new MotoGP deal by start of next...
No description available...
1h ago from Motorsport.com
Alex Marquez doesn't see GP26 ride as audition for...
No description available...
21h ago from Motorsport.com
Pedro Acosta interview: ‘Money is what matters to me...
No description available...
1d ago from Motorsport.com
KTM: MotoGP efforts to be impacted by 50% workforce...
KTM majority shareholder Bajaj Auto has revealed plans to cut its...
23h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Marco Andretti announces retirement from racing, won't...
No description available...
1d ago from Motorsport.com
Marco Andretti retires from IndyCar after 20 seasons
Marco Andretti announced his retirement from motor racing on Wednesday,...
1d ago from MotorsportWeek.c...
Mark Miles teases possible non-championship...
IndyCar is largely considered a North American championship, with races...
1w ago from MotorsportWeek.c...
Enzo Fittipaldi hails ‘productive’ test with Arrow...
Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
2d ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
1w ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
1w ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
“That would be my only worry” - Micah Richards...
Micah Richards has voiced concerns about the development of Arsenal...
1h ago from SportsKeeda.com
Wayne Rooney chooses 2 Chelsea players as he picks...
Manchester United legend Wayne Rooney has named two Chelsea players in his...
1h ago from SportsKeeda.com
Arsenal latest: Arteta gives fitness updates on...
No description available...
1h ago from SkySports.com
Sources: Man United discuss new midfielder transfer...
Manchester United have had some internal discussions over signing Lille...
3h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin filings give rare look at Stroll’s hefty...
Driver salaries in F1 are guarded tighter than... Read More »
1h ago from F1i.com
Felipe Massa makes damning Ferrari claim in F1 Crashgate...
Felipe Massa has revealed Ferrari took... Read More »
3h ago from MotorsportWeek.com
Toto Wolff unforgiving on Abu Dhabi '21: 'Lunatic destroyed...
Mercedes boss Toto Wolff has reflected on the... Read More »
2h ago from RacingNews365.com
