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F1 row threatens existence of budget cap – Vasseur
May 24 Smaller teams are continuing to resist efforts to ramp up the budget cap as a response to inflation. The $140 million budget cap has also become an issue in recent weeks as Ferrari's Mattia Binotto expressed concerns about Red Bull's rate of car development. 'It is no longer possible to bring new parts to every race,' he said. 'At the pace of development that we are now seeing, many teams will soon reach the limits of the cost cap.' A source told Auto Motor und Sport: 'If everyone is honest, there can be no further development after the Canadian GP.' An unnamed team boss added: 'We'd have to lay off 50 people.' Red Bull has dismissed the accusation of questionable spending on car...
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2y ago from OneStopStrategy.com
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