News Details
Red Bull long-term staff redundancies ‘painful'
Red Bull boss Christian Horner discussed the mammoth task of falling within the budget cap, which has forced painful staff cuts. Red Bull, along with Mercedes and Ferrari were the teams that had established themselves as by far the biggest spenders in Formula 1. But, in a bid to make the series both more sustainable and competitive, a budget cap has been brought in, set at $145million for the 2021 season. By 2023 though the limit will be down to $135m. With that, then, has come the need for major cuts, and Horner said it was a pain to have to make several long-term staff members redundant. “We have so many activities as well where we supply, for example, a gearbox to Toro Rosso...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Wolff and Horner reveal "pain" of axing...
Ian Parkes Friday 2 april 2021 17:05 Mercedes team principal Toto Wolff...
4y ago from GPFans.com
Horner predicts Verstappen lost "one tenth"...
During Q1, Max Verstappen drove over the kerbs at high speed. Sparks flew...
4y ago from GPBlog.com
Horner adds to Mercedes woes: With damage, Verstappen...
During Q1, Max Verstappen drove over the kerbs at high speed. Sparks flew...
4y ago from GPBlog.com
Red Bull says Sprint Race trial requires cost cap...
Red Bull team boss Christian Horner says a Sprint Race trial this season...
4y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
15h ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
19h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s Hungarian Grand Prix
No description available...
22h ago from Motorsport.com
“I’m back” – Jorge Martin on MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
16h ago from Motorsport.com
Red Bull eyeing F1 drive for IndyCar champion Alex...
Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...
20h ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
23h ago from Motorsport.com
IndyCar Milwaukee – Race Results
The NTT IndyCar Series tackled the historic Milwaukee Mile on Sunday,...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
4d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal talent Max Dowman sums up Rio Ngumoha with...
Arsenal wonderkid Max Dowman has lauded Liverpool sensation Rio Ngumoha...
2h ago from SportsKeeda.com
Complete your summer with an Ecuadorian left-back!
Morning. Like many of you, I'm sure, I watched last night's game between...
2h ago from Arseblog.com
Sources: Arsenal & Chelsea among clubs monitoring...
Ademola Lookman’s future at Atalanta appears to be hanging by a thread...
2h ago from CaughtOffside.com
Premier League: 10 talking points from the weekend’s...
harlison and Martín Zubimendi are changing things up at Spurs and...
14h ago from TheGuardian.com
Comments
Hottest News
Max Verstappen 'accepted' crucial Red Bull change: 'He...
Max Verstappen will remain with Red Bull next... Read More »
41m ago from RacingNews365.com
Mercedes reveals biggest challenge it will encounter with...
Mercedes Chief Communications Officer Bradley... Read More »
41m ago from MotorsportWeek.com
F1 News Today: Christian Horner tipped for Aston Martin...
Former Red Bull boss Christian Horner has been... Read More »
3h ago from GPFans.com
