News Details

F1 should respond to inflation crisis – Horner

Mar.14 A global inflation crisis that has been worsened by the Russia-Ukraine conflict is expected to have an impact on Formula 1. Red Bull boss Christian Horner thinks dramatically rising prices across the board will be 'a real problem' for the sport under the rule of the $140 million budget cap. 'We can already see the consequences on air freight prices,' he said. 'I think it's a very serious issue that needs to be looked at and addressed, because it has an impact on people's jobs and living conditions. 'I see it as the duty of the regulator to look into it urgently to ensure that a solution is put in place.' It is believed Horner is pushing for a simple increase to that top $145m cap....
Full Story »
Share

You May Also Be Interested In...

Horner: War inflation spike serious problem for F1...

Red Bull team principal Christian Horner sees nothing illegal in the...
3y ago from GrandPrix247.com

Horner calls for budget cap review

Concerned at rising energy costs, interest rates and inflation, Christian...
3y ago from Pitpass.com

Horner wants urgent discussion of F1 budget cap

Formula One needs an urgent discussion of its budget cap as teams are...
3y ago from espnF1.com

Horner seeking urgent discussion on F1 budget cap

Red Bull team boss Christian Horner says rampant inflation and higher...
3y ago from F1i.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Will Power victorious after tense battle for the top...

IndyCar tackled the final road course of the season on Sunday, completing...
42m ago from MotorsportWeek.c...

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...
32m ago from MotorsportWeek.c...

Christian Lundgaard earns IndyCar pole, will start...

Drivers of the NTT IndyCar Series took to Portland International Raceway...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

'Might go' – Arsenal legend names the Gunners...

Arsenal legend Alan Smith believes it might now be the right time for...
10h ago from CaughtOffside.com

Report: Arsenal could bring back former Premier League...

Ademola Lookman has been linked with a return to the Premier League in...
10h ago from CaughtOffside.com

Arsenal summer signing Martin Zubimendi praises 2...

Arsenal midfielder Martin Zubimendi has heaped praise on Declan Rice and...
13h ago from SportsKeeda.com

Arsenal 3-0 Athletic Bilbao – observations

Arsenal's pre-season fixtures concluded yesterday with a 3-0 win over...
15h ago from Arseblog.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.