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Horner wary of ‘accounting world championship'

Although Christian Horner says F1 will be 'stronger' for the budget cap, he fears the sport could descend into an 'accounting world championship'. Last month Formula 1 voted on a reduced budget cap with a limit of just $145 million for next season, which will fall to $130m over the following two seasons. The cap is down from the original $175m and has already played a part in McLaren announcing job cuts. The Woking team is unlikely to be the only outfit forced to reduce its numbers in the coming months. It is, however, for the good of the sport's long-term survival acknowledges Horner. 'I think that there's been a lot of work, a lot of ground given particularly by the big three teams, and...
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