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Red Bull: 2021 budget cap has been 'significant challenge'

Christian Horner says Red Bull has "embraced" this year's budget restrictions in F1, but the undertaking hasn't been without "significant challenges" for the Milton Keynes-based outfit. Formula 1 has implemented a $145 million cost cap for teams from this season, a level that will gradually decrease to $135 million by the start of the 2023 season. The new budget constraints have impacted the teams' operations to various degrees depending on the magnitude of the scale-back, with the sport's biggest outfits - namely Mercedes, Ferrari and Red Bull - logically forced to undergo the largest changes. Horner confirmed the impact of the cutbacks and highlighted how Red Bull has...
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