News Details
‘Many teams' will break budget cap – Binotto
May 29 Ferrari has joined Red Bull in pushing for an emergency increase to Formula 1's $140 million team budget cap for 2022. Red Bull's Christian Horner has warned that most teams will completely run out of money prior to the season finale due to rampant inflation. And his counterpart at Ferrari, Mattia Binotto, agrees that it will be 'impossible' for most teams to stay under the $140m mark because of price increases. 'Six percent inflation was not foreseeable and is very high,' he told Sky Italia in Monaco. 'Many teams will break the budget cap if it stays like this. Then the entire value of the measure will be questioned.' Some smaller teams including Alpine, Aston Martin and Haas,...
Full Story »
Full Story »
3y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Red Bull's budget cap problem ‘great' –...
May 28 Some teams are refusing to budge as Red Bull leads a vocal...
3y ago from OneStopStrategy.com
Horner: All major teams will certainly breach budget...
Red Bull boss Christian Horner warned that some Formula 1 team might miss...
3y ago from GrandPrix247.com
F1 row threatens existence of budget cap –...
May 24 Smaller teams are continuing to resist efforts to ramp up the...
3y ago from OneStopStrategy.com
‘No top team' within 2022 budget cap –...
May 26 The budget cap has become a big problem amid surging global...
3y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Why Gresini has flirted with leaving Ducati in MotoGP
No description available...
4h ago from Motorsport.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
1d ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
1d ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
2d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
3d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
5d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arteta captivated, Arsenal confident of landing £40m...
Arsenal are interested in signing the Norwegian winger Jens Petter Hauge...
4h ago from CaughtOffside.com
Arsenal to bid for game-changer forward after 10 goals...
Anthony Gordon has been linked with a move away from Newcastle United at...
4h ago from CaughtOffside.com
Man United told they must 'overpay' after 'informal...
Myles Lewis-Skelly has been linked with a move away from Arsenal at the...
7h ago from CaughtOffside.com
Arsenal in the blood: how Max Dowman is related to...
istant relative found a family link to the football prodigy, as they are...
8h ago from TheGuardian.com
Comments
Hottest News
Lewis Hamilton and Max Verstappen withdraw help from F1 star
Lewis Hamilton and Max Verstappen are usually the... Read More »
5h ago from GPFans.com
Porsche urged to 'focus on ourselves' as Formula E title...
Porsche has every chance of successfully... Read More »
48m ago from RacingNews365.com
Tsunoda ‘not giving up’ on F1 as ‘anything can...
In the high-stakes, musical-chairs reality of the... Read More »
28m ago from F1i.com
