News Details

Horner wary of ‘accounting world championship'

Although Christian Horner says F1 will be 'stronger' for the budget cap, he fears the sport could descend into an 'accounting world championship'. Last month Formula 1 voted on a reduced budget cap with a limit of just $145 million for next season, which will fall to $130m over the following two seasons. The cap is down from the original $175m and has already played a part in McLaren announcing job cuts. The Woking team is unlikely to be the only outfit forced to reduce its numbers in the coming months. It is, however, for the good of the sport's long-term survival acknowledges Horner. 'I think that there's been a lot of work, a lot of ground given particularly by the big three teams, and...
Full Story »
5y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Horner: Vettel at Mercedes 'would be great for all of...

Red Bull Racing team boss Christian Horner would love to see Sebastian...
5y ago from F1i.com

Steiner: Budget cap is 'stake in the ground' for new...

Haas team boss Guenther Steiner says the formal introduction of a budget...
5y ago from F1i.com

Racing Point: Big teams now 'dinosaurs' thanks to...

Racing Point technical director Andy Green says that F1's budget cap will...
5y ago from F1i.com

FIA ratifies reduced budget cap for 2021, further cut...

Formula 1’s budget cap has been reduced for the 2021 season following a...
5y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

MotoGP to return to Buenos Aires from 2027 season

MotoGP has officially announced that the Grand Prix of Argentina will...
20h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
19h ago from MotorsportWeek.c...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
22h ago from MotorsportWeek.c...

IndyCar Toronto – Race Results

IndyCar completed its sole visit across the border this weekend, with a...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta reveals fascinating restrictions that held...

Mikel Arteta has offered a candid glimpse into the physical and tactical...
3h ago from FreshArsenal.com

'He’s interested in that move' – Insider...

Arsenal have been very active in the transfer market this summer,...
1h ago from CaughtOffside.com

Talks this week: Chelsea make club-to-club contact to...

Chelsea are interested in signing Xavi Simons from RB Leipzig during the...
4h ago from CaughtOffside.com

Why is Brazilian Joao Pedro considered homegrown...

A recent report from The Express has outlined why Chelsea's Joao Pedro is...
3h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.