News Details
Steiner fears disparity if budget cap rise is approved
Guenther Steiner fears any increase in the Formula 1 budget cap this year would benefit the top teams more than outfits like Haas. Rising inflation has led to significantly increased costs for the 10 constructors, putting them under pressure to adhere to the sport’s spending limit for the 2022 season of $140million. With that figure due to decrease by $5million for the second consecutive year in 2023, Ferrari team principal Mattia Binotto has said: “I think the only thing we can do, as F1, is increase the budget cap for inflation. I think there will be no way for us simply to stay below. I’m pretty sure at some stage we will go over.” But Steiner, the Haas team principal, suspects...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Verstappen's manager warns the FIA that a driver...
With inflation hitting every corner of the planet, discussions have begun...
3y ago from Formula1News.co.uk
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
Steiner: F1 teams must make budget cap work 'one way...
Haas team boss Guenther Steiner says all F1 teams must make this year's...
3y ago from F1i.com
‘We will go over': Binotto warns Ferrari and...
Ferrari team principal Mattia Binotto believes that it will be impossible...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
MotoGP announces Qatar round postponed until November
MotoGP has confirmed that Qatar's 10-12 April slot will be moved to 6-8...
8h ago from MotorsportWeek.c...
MotoGP postpones Qatar GP to November due to Middle...
No description available...
8h ago from Motorsport.com
MotoGP working on rescheduling Qatar GP amid Iran war
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Max Taylor delivers late pass to capture first Indy...
No description available...
2h ago from Motorsport.com
Andretti Global “pretty close” to decision on...
No description available...
2h ago from Motorsport.com
Official race results: 2026 IndyCar Grand Prix of...
No description available...
7m ago from Motorsport.com
IndyCar 2026 Arlington – Race Results
Kyle Kirkson won the 2026 IndyCar Java House Grand Prix of Arlington to...
7m ago from MotorsportWeek.c...
Popular On TotalWRC.com
“Proud” Ott Tanak, Kalle Rovanpera lead praise of...
No description available...
3h ago from Motorsport.com
WRC Safari Rally Kenya: Takamoto Katsuta scores...
No description available...
6h ago from Motorsport.com
Taka-San: King of Kenya
At the 94th time of asking, Takamoto Katsuta and co-driver Aaron Johnston...
6h ago from MotorsportWeek.c...
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal hero Thierry Henry sums up feeling of watching...
Arsenal legend Thierry Henry has revealed his reaction to teenage...
2h ago from SportsKeeda.com
“It’s not over. Who said that?” - Guardiola...
Manchester City boss Pep Guardiola has sent a strong message to Arsenal on...
7h ago from SportsKeeda.com
Chelsea legend John Terry says Arsenal talent Max...
Chelsea legend John Terry compared Arsenal wonderkid Max Dowman to Lionel...
7h ago from SportsKeeda.com
Nerves were meant to afflict Arsenal, but Manchester...
t Ham draw shows City trying to create a sense of who they are, but...
8h ago from TheGuardian.com
Comments
Hottest News
Fernando Alonso details worsening Honda vibrations that...
Fernando Alonso explained how a worsening of the... Read More »
57m ago from MotorsportWeek.com
Charles Leclerc reveals brave Ferrari F1 decision after...
Charles Leclerc has said Mercedes' race pace... Read More »
5h ago from MotorsportWeek.com
Fernando Alonso blasts latest F1 embarrassment: 'The worst...
Fernando Alonso's sharp tongue has lashed out at... Read More »
7h ago from GPFans.com
