News Details
F1 makes decision on calls for budget cap increase
A meeting of the F1 Commission has resulted in a decision being made regarding calls for the budget cap to be increased in light of inflation. With Formula 1's financial regulations decreasing the 2022 budget cap to $140 million dollars, restricting the team's car and performance spend to that figure, calls have been prevalent since the start of the 2022 season to increase that figure. This is due to an unprecedented level of global inflation, exacerbated by Russia beginning military action in Ukraine. This had had a knock-on effect on logistics and freight costs, as well as spiralling energy costs – resulting in the teams having to cut spending elsewhere. Red Bull team boss...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
‘It’s not about putting a front wing on':...
Red Bull Racing team principal Christian Horner has continued his request...
3y ago from Formula1News.co.uk
Budget cap increased, technical directive on...
On Friday morning in Austria, the FIA and Formula One teams met to...
3y ago from GPBlog.com
Red Bull not satisfied yet: 'That budget cap just...
Red Bull Racing still insists on increasing the budget cap. There was...
3y ago from GPBlog.com
Alonso feels a change in development thanks to budget...
Although Alpine arrived at Silverstone with a major sidepod and floor...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Honda’s Joan Mir believes Ducati has given rivals a...
No description available...
13h ago from Motorsport.com
How Ducati sent a warning to its MotoGP rivals at...
No description available...
16h ago from Motorsport.com
Pedro Acosta rates Sepang MotoGP test “six out of...
No description available...
17h ago from Motorsport.com
Popular On IndyCarToday.com
Zak Brown “would love” Indy 500 reunion with...
No description available...
1d ago from Motorsport.com
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
2d ago from MotorsportWeek.c...
Arrow McLaren officially opens doors to new home in...
No description available...
1d ago from Motorsport.com
Mick Schumacher building confidence after first...
Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi thought his WRC career was over, but...
No description available...
12h ago from Motorsport.com
Kalle Rovanpera co-driver Jonne Halttunen lands Toyota...
No description available...
1d ago from Motorsport.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
3d ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal plot summer coup for 'incredible' talent who...
Arsenal are interested in signing the Bournemouth attacker Eli Junior...
8h ago from CaughtOffside.com
Arsenal & Real Madrid queue for 90m star as agent...
Newcastle United midfielder Sandro Tonali has been linked with a move away...
8h ago from CaughtOffside.com
Arsenal latest: Merson - Gunners players don't trust...
No description available...
9h ago from SkySports.com
Has the Premier League's TV Deal Made Mid-Table Clubs...
The Premier League’s 2025-29 deal was worth £6.7 billion. Have the vast...
11h ago from CaughtOffside.com
Comments
Hottest News
F1: Engine row reaching crisis point?
Before a wheel has turned in anger, the start of... Read More »
12h ago from Pitpass.com
Christian Horner reveals why Daniel Ricciardo was never an...
Former Red Bull F1 boss Christian Horner has... Read More »
7h ago from GPFans.com
Lando Norris reveals 'problem' of his mum's rising fame
F1 champion Lando Norris has spoken out about the... Read More »
6h ago from GPFans.com
