News Details
Steiner offers pragmatic response to Red Bull budget cap worries
Article To news overview © Michael Potts / RacingNews365 Haas Team Principal Guenther Steiner has dismissed Christian Horner's concerns that some teams may be forced to miss races later this year in order to spend below the budget cap. F1's budget cap was introduced last year in an effort to level the playing field and reduce the disparity in purchasing power between teams. Having started at $145m in 2021, the cap is currently $140m, and is set to reduce further to $135m in 2023. Horner has suggested that up to seven teams may be forced to miss Grands Prix in 2022 unless the cap is increased. But Steiner has offered a different approach, insisting that teams must find a way to make the...
Full Story »
Full Story »
3y ago from RacingNews365.com
0
You May Also Be Interested In...
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
‘We will go over': Binotto warns Ferrari and...
Ferrari team principal Mattia Binotto believes that it will be impossible...
3y ago from Formula1News.co.uk
Verstappen's manager warns the FIA that a driver...
With inflation hitting every corner of the planet, discussions have begun...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo staying “a little bit out” of...
No description available...
1h ago from Motorsport.com
Trackhouse boss reveals steps MotoGP must take to...
Trackhouse owner Justin Marks has revealed how he plans to promote his...
23h ago from MotorsportWeek.c...
Alex Marquez still involved in Ducati’s MotoGP...
No description available...
1d ago from Motorsport.com
Aleix Espargaro to undergo surgery after vertebral...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Exclusive Q&A: Mick Schumacher believes 'great things...
No description available...
18h ago from Motorsport.com
Experienced engineer Mike O’Gara joins IndyCar as...
IndyCar has announced that Mike O’Gara has joined the series as Vice...
20h ago from MotorsportWeek.c...
Mike O’Gara named IndyCar’s Vice President of...
No description available...
21h ago from Motorsport.com
Christian Lundgaard: Bye week a chance to “unite”...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
19h ago from Motorsport.com
Why WRC Croatia victory was “quite special” for...
No description available...
2d ago from Motorsport.com
Thierry Neuville crashes out of Croatia lead in final...
A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...
3d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Swap deal: Arsenal given perfect opportunity to beat...
Arsenal have a problem in attack right now, even if they are just about...
17m ago from CaughtOffside.com
Anthony Gordon makes big summer transfer decision amid...
Anthony Gordon is reportedly open to leaving Newcastle United in the...
1h ago from SportsKeeda.com
'It's killing me but I can't feel it!' – Ian Wright...
Arsenal icon Ian Wright has insisted he is worried his former club will...
1h ago from SportsKeeda.com
'Unless they stop…' – Richard Keys...
Arsenal fans have been warned that they risk 'killing' their team as the...
2h ago from CaughtOffside.com
Comments
Hottest News
McLaren Miami Grand Prix plans in tatters after F1 2026...
The upcoming Miami Grand Prix was supposed to be... Read More »
1h ago from GPFans.com
FIA track to CLOSE as fans call for F1 icon to save circuit
An FIA Grade 3 circuit will be closed with fans... Read More »
2h ago from GPFans.com
Oliver Bearman issues new health update following F1...
Oliver Bearman has issued a new update on his... Read More »
2h ago from MotorsportWeek.com
