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
Manuel Gonzalez prevails in twice red-flagged Thai...
Manuel Gonzalez earned the first victory of the 2026 Moto2 season in a...
1h ago from MotorsportWeek.c...
MotoGP riders have their say on controversial Marc...
No description available...
20h ago from Motorsport.com
Yamaha reveals why it ‘took the difficult route’...
Technical Director Max Bartolini admits Yamaha “took the difficult...
18h ago from MotorsportWeek.c...
Marc Marquez hits out at timing of controversial Thai...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar St. Petersburg – Qualifying Results
25 drivers of the NTT IndyCar Series took to the streets of St....
8h ago from MotorsportWeek.c...
Dale Coyne relishes 'extraordinary' double Fast 6...
No description available...
7h ago from Motorsport.com
Scott McLaughlin earns IndyCar St. Pete pole, Coyne...
No description available...
9h ago from Motorsport.com
Marcus Ericsson encouraged by Will Power’s input at...
Marcus Ericsson has a new team-mate this year in Will Power, and the...
14h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
14h 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
Building on the derby win as Chelsea visit
Morning. After a rare midweek off, we're back in action this afternoon as...
47m ago from Arseblog.com
Sources: Arsenal and Chelsea move for 60m Frenchman...
PSG’s rising star Senny Mayulu has hit a stalemate in contract extension...
1h ago from CaughtOffside.com
This 'unbelievable' star a better option than Sandro...
Former Arsenal star Anders Limpar has suggested that the Gunners don't...
18h ago from CaughtOffside.com
Talks held: Barcelona working on signing 45m Arsenal...
Barcelona are reportedly already in talks with intermediaries over a...
18h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen F1 future prediction made after earning...
Max Verstappen's F1 future has been a topic of... Read More »
1h ago from RacingNews365.com
2026 regulations could upend Formula 1 as we head to...
Chaotic starts, tricky overtaking, lifting off on... Read More »
1h ago from GrandPrix247.com
F1 News Today: Mercedes power unit verdict as FIA make LATE...
A decision has been announced by the FIA... Read More »
1h ago from GPFans.com
