News Details
Steiner: ‘Big teams wanted more, small teams wanted nothing’
Guenther Steiner says the recently-agreed “compromise” over F1’s revised 2022 budget cap was exactly that – because it left no team particularly happy. During a meeting of the F1 Commission at the Austrian Grand Prix, it was agreed to increase this year’s spending limit of $140million for each team by 3.1% due to the high level of inflation that has gripped the global economy. The figure will be compounded for subsequent seasons. Of course, this suits the bigger teams more because they have had to make widespread adjustments to their operations to comply with the cost cap since it was introduced for 2021. With everyone naturally fighting their own corner within the discussions,...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Horner coy over F1 budget cap break
Red Bull team principal Christian Horner is happy a compromise has been...
3y ago from GPFans.com
‘You live by your choices': Guenther Steiner...
Haas team principal Guenther Steiner has suggested that Michael...
3y ago from Formula1News.co.uk
Is Red Bull behind schedule? 'Updates not ready for...
Because of the budget cap in Formula 1, teams have to be more frugal with...
3y ago from GPBlog.com
Guenther Steiner reveals if Ferrari will decide Mick...
Haas team principal Guenther Steiner has confirmed that Ferrari do not...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
16h ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
20h ago from Motorsport.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
1d ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: IndyCar officiating is already starting to...
No description available...
4h ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
9h ago from MotorsportWeek.c...
IndyCar updates tire rules for 2026 season
Among a few changes coming for the 2026 NTT IndyCar Series season, a new...
7h ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Gunners make fun of Spurs on social...
No description available...
6h ago from SkySports.com
Donnarumma vs Raya: Who is the better GK in the title...
In the last few weeks of the Premier League season, the importance of...
8h ago from SkySports.com
Tactics Column: Key quartet step up to deliver North...
'It feels like we've shown what we are made of but then you have to show...
11h ago from Arseblog.com
Ben White faces uncertain future as Arsenal target new...
Questions are beginning to surface over Ben White’s long-term role at...
15h ago from CaughtOffside.com
Comments
Hottest News
Ferrari handed key warning over radical F1 rear wing
Ferrari's radical rear wing could have a major... Read More »
17h ago from RacingNews365.com
'Heavy' Ferrari concern as Max Verstappen F1 rival makes...
Check out the biggest stories of the day with the... Read More »
8h ago from RacingNews365.com
Drive to Survive Season 8 review: A major missed...
The latest series of Netflix's Drive to Survive... Read More »
9m ago from RacingNews365.com
