News Details
Horner: Budget cap has forced 'painful' redundancies
Article To news overview © Getty Images/Red Bull Contentpool Red Bull team boss Christian Horner has said that the enforced downsizing of the team due to the introduced budget cap, has resulted in having to make 'painful' redundancies. Formula 1 teams are restricted to a budget of $145 million in 2021, as part of the new financial cost cap introduced to the sport in an effort to increase competition across the field. While smaller teams might not have trouble keeping to that cap, bigger teams like Red Bull Racing are having to downsize their operations a little in order to reduce costs. We’ve had to go through the pain of redundancies over the winter," confirmed Christian Horner in...
Full Story »
Full Story »
4y ago from RacingNews365.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
Red Bull long-term staff redundancies ‘painful'
Red Bull boss Christian Horner discussed the mammoth task of falling...
4y ago from PlanetF1.com
Horner: 'Dirt on Verstappen's tyres gave Lewis...
Christian Horner is disappointed Max Verstappen was unable to take the...
4y ago from GPBlog.com
Horner: 'Dirt on Verstappen's tyres gave Lewis...
Christian Horner is disappointed Max Verstappen was unable to take the...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Hungarian GP: Marc Marquez makes it seven grand...
No description available...
2h ago from Motorsport.com
Marc Márquez seals seventh straight MotoGP...
t;li>Ducati rider extends world title lead to 175 pointsJorge Martín...
33m ago from TheGuardian.com
Maximo Quiles storms to photo finish Hungarian Moto3...
Maximo Quiles produced a remarkable comeback as he edged out Valentin...
4h ago from MotorsportWeek.c...
Marc Marquez triumphs at inaugural MotoGP race at...
Marc Marquez triumphed in the inaugural MotoGP race at Balaton Park,...
2h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Milwaukee – Qualifying Results
All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
18h ago from MotorsportWeek.c...
Three Honda drivers to take IndyCar grid penalties at...
The NTT IndyCar Series has announced three grid penalties for this...
22h ago from MotorsportWeek.c...
IndyCar champ Alex Palou clinches Milwaukee Mile pole...
No description available...
18h ago from Motorsport.com
Josef Newgarden tops the timesheets for Milwaukee’s...
The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
22h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
3d 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
Manchester United closing in on deal to sign...
Manchester United are close to securing the services of Senne Lammens,...
4h ago from SportsKeeda.com
Arsenal agree record deal to sign 16-year-old talent
Arsenal have had a very productive summer transfer window, and they have...
5h ago from CaughtOffside.com
John Terry reacts as Arsenal talent Max Dowman says...
Chelsea legend John Terry was among those who commented on teenager Max...
5h ago from SportsKeeda.com
'Fill that gap until he comes back' - Ian Wright names...
Arsenal legend Ian Wright reckons Noni Madueke should replace Bukayo Saka...
5h ago from SportsKeeda.com
Comments
Hottest News
F1 legend wins NASCAR championship
Long-time F1 star Rubens Barrichello has taken a... Read More »
2h ago from GPFans.com
F1 News Today: Hamilton and Vettel tipped for link-up as...
Could two F1 legends come together to try and... Read More »
53m ago from GPFans.com
How Aston Martin is preparing for the challenge of F1 2026
Aston Martin boss Andy Cowell has explained how... Read More »
1h ago from MotorsportWeek.com
