News Details
Horner warns of inflation's effect on cost cap
Article To news overview © RN365/Michael Potts Christian Horner has again warned that global rises in inflation will make it impossible for most F1 teams to stay within the sport's annual budget cap of $140 million this year. F1's budget cap was introduced last year in an effort to level the playing field and reduce the disparity in purchasing power between teams. Having started at $145m in 2021, the cap is currently $140m, and is set to reduce further to $135m in 2023. But with global energy costs soaring, Horner says as many as seven teams may break the cost cap unless the FIA step in and raise it. "What we’re talking about with the cost cap is inflation. In the UK, [the Bank of...
Full Story »
Full Story »
3y ago from RacingNews365.com
0
You May Also Be Interested In...
Hamilton: Mercedes can’t raise F1 car any higher to...
Lewis Hamilton says that Mercedes is unable to raise its car any higher to...
3y ago from MotorsportWeek.com
McLaren confident FIA will block small team budget cap...
McLaren team principal Andreas Seidl is "very confident" the FIA...
3y ago from GPFans.com
McLaren expects to exceed F1 budget cap
Speaking in Baku, McLaren's Andreas Seidl had admitted that he expects...
3y ago from Pitpass.com
McLaren expect to exceed this year's budget cap
Despite McLaren's CEO Zak Brown applauding F1's budget cap, Andreas Seidl...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why Trackhouse felt pressure from its NASCAR success...
No description available...
7h ago from Motorsport.com
Francesco Bagnaia explains Australian GP crash: “I...
No description available...
11h ago from Motorsport.com
From NASCAR to MotoGP, every time Trackhouse has...
No description available...
8h ago from Motorsport.com
Marco Bezzecchi never thought Australian GP win was...
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher is “very open” to exploring an...
No description available...
5d ago from Motorsport.com
Rinus VeeKay wants “to make it hard on everybody”...
No description available...
4d ago from Motorsport.com
WATCH: Alex Palou talks F1 dream, perfecting his craft...
No description available...
5d ago from Motorsport.com
Rinus VeeKay signs with Juncos Hollinger Racing for...
Juncos Hollinger Racing has announced that it has signed Rinus VeeKay for...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Thierry Neuville thankful for WRC safety protocols...
No description available...
3h ago from Motorsport.com
Kalle Rovanpera even hungrier for third WRC title...
No description available...
3h ago from Motorsport.com
Kalle Rovanperä wins the Central European Rally –...
The final day of the Central European Rally saw Sebastien Ogier return to...
7h ago from MotorsportWeek.c...
WRC Central Europe: Kalle Rovanpera wins as Toyota...
No description available...
8h ago from Motorsport.com
Popular On GunnersToday.com
Jamie Redknapp is full of praise for 'fabulous'...
In a performance that reaffirmed his growing importance at Arsenal, Bukayo...
6h ago from CaughtOffside.com
Alan Shearer makes Viktor Gyokeres claim that might...
Arsenal striker Viktor Gyökeres has found himself under growing scrutiny...
12h ago from CaughtOffside.com
Fulham 0-1 Arsenal: Trossard/set-piece again, Olé Olé
Match report – Player ratings – Arteta reaction – Video...
13h ago from Arseblog.com
'It’s very difficult to control' - Fulham boss...
Fulham head coach Marco Silva opened up about Arsenal defender Gabriel...
12h ago from SportsKeeda.com
Comments
Hottest News
F1 2025 United States Grand Prix – Race Results
Max Verstappen controlled proceedings as he won... Read More »
31m ago from MotorsportWeek.com
LIVE: 2025 F1 United States Grand Prix
Follow all the action live from Austin for the... Read More »
3h ago from RacingNews365.com
Lewis Hamilton makes excellent US Grand Prix start as...
F1 champion Lewis Hamilton delivered an excellent... Read More »
1h ago from GPFans.com
