News Details
‘Many teams' will break budget cap – Binotto
May 29 Ferrari has joined Red Bull in pushing for an emergency increase to Formula 1's $140 million team budget cap for 2022. Red Bull's Christian Horner has warned that most teams will completely run out of money prior to the season finale due to rampant inflation. And his counterpart at Ferrari, Mattia Binotto, agrees that it will be 'impossible' for most teams to stay under the $140m mark because of price increases. 'Six percent inflation was not foreseeable and is very high,' he told Sky Italia in Monaco. 'Many teams will break the budget cap if it stays like this. Then the entire value of the measure will be questioned.' Some smaller teams including Alpine, Aston Martin and Haas,...
Full Story »
Full Story »
3y ago from OneStopStrategy.com
0
You May Also Be Interested In...
Red Bull's budget cap problem ‘great' –...
May 28 Some teams are refusing to budge as Red Bull leads a vocal...
3y ago from OneStopStrategy.com
Horner: All major teams will certainly breach budget...
Red Bull boss Christian Horner warned that some Formula 1 team might miss...
3y ago from GrandPrix247.com
F1 row threatens existence of budget cap –...
May 24 Smaller teams are continuing to resist efforts to ramp up the...
3y ago from OneStopStrategy.com
‘No top team' within 2022 budget cap –...
May 26 The budget cap has become a big problem amid surging global...
3y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP riders have their say on controversial Marc...
No description available...
10h ago from Motorsport.com
Yamaha reveals why it ‘took the difficult route’...
Technical Director Max Bartolini admits Yamaha “took the difficult...
7h ago from MotorsportWeek.c...
Marc Marquez hits out at timing of controversial Thai...
No description available...
11h ago from Motorsport.com
Pedro Acosta takes dramatic Thai MotoGP Sprint victory...
KTM rider Pedro Acosta clinched his first victory in MotoGP following a...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Marcus Ericsson encouraged by Will Power’s input at...
Marcus Ericsson has a new team-mate this year in Will Power, and the...
3h ago from MotorsportWeek.c...
Christian Lundgaard tops Saturday IndyCar practice
The NTT IndyCar Series completed its second practice session of the...
5h ago from MotorsportWeek.c...
Will Power crashes early in second St. Petersburg...
No description available...
6h ago from Motorsport.com
Palou and Ganassi reach settlement with McLaren
Alex Palou and Chip Ganassi have reached a settlement with McLaren over...
10h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
4h ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
2d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
This 'unbelievable' star a better option than Sandro...
Former Arsenal star Anders Limpar has suggested that the Gunners don't...
7h ago from CaughtOffside.com
Talks held: Barcelona working on signing 45m Arsenal...
Barcelona are reportedly already in talks with intermediaries over a...
8h ago from CaughtOffside.com
Arsenal vs Chelsea Prediction and Betting Tips | 1st...
The Premier League is back in action with another massive clash between...
11h ago from SportsKeeda.com
'More difficult than the Champions League' - Chelsea...
Chelsea midfielder Andre Santos has said that the Premier League is even...
11h ago from SportsKeeda.com
Comments
Hottest News
FIA announces last-minute F1 qualifying change on eve of...
Good news, racing fans! You get to see more F1... Read More »
2h ago from GPFans.com
Drive to Survive insider hints at ending hit Netflix F1...
A key player within the Drive to Survive F1... Read More »
23m ago from GPFans.com
F1 issues statement about Bahrain and Saudi Arabian GPs...
F1 has moved to calm fears that some of its... Read More »
6h ago from GPFans.com
