News Details
F1 makes decision on calls for budget cap increase
A meeting of the F1 Commission has resulted in a decision being made regarding calls for the budget cap to be increased in light of inflation. With Formula 1's financial regulations decreasing the 2022 budget cap to $140 million dollars, restricting the team's car and performance spend to that figure, calls have been prevalent since the start of the 2022 season to increase that figure. This is due to an unprecedented level of global inflation, exacerbated by Russia beginning military action in Ukraine. This had had a knock-on effect on logistics and freight costs, as well as spiralling energy costs – resulting in the teams having to cut spending elsewhere. Red Bull team boss...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
‘It’s not about putting a front wing on':...
Red Bull Racing team principal Christian Horner has continued his request...
3y ago from Formula1News.co.uk
Budget cap increased, technical directive on...
On Friday morning in Austria, the FIA and Formula One teams met to...
3y ago from GPBlog.com
Red Bull not satisfied yet: 'That budget cap just...
Red Bull Racing still insists on increasing the budget cap. There was...
3y ago from GPBlog.com
Alonso feels a change in development thanks to budget...
Although Alpine arrived at Silverstone with a major sidepod and floor...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Has Ducati stagnated or have its MotoGP rivals caught...
No description available...
9h ago from Motorsport.com
KTM riders say top speed advantage has disappeared in...
No description available...
1d ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
1d ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Official race results: IndyCar 2026 Grand Prix of Long...
No description available...
1h ago from Motorsport.com
Alex Palou beats Felix Rosenqvist to take first Long...
No description available...
1h ago from Motorsport.com
IndyCar Long Beach – Race Results
Lining up to tackle the third street course in five races, drivers of the...
1h ago from MotorsportWeek.c...
Alex Palou piles on the points with IndyCar Long Beach...
The NTT IndyCar Series took to the streets of Long Beach, California on...
1h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
2d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
2d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
'Time to move on', 'Running around doing nothing' -...
Arsenal fans want Martin Odegaard sold after the club captain's...
6h ago from SportsKeeda.com
Erling Haaland appears to sing iconic song after...
Manchester City striker Erling Haaland appeared to be in a very good mood...
6h ago from SportsKeeda.com
Nico O’Reilly’s fearless quality exposes...
p lying creator is an excellent Manchester City story and confirmed why he...
5h ago from TheGuardian.com
Rice: Arsenal ready for 'ultimate test' at Man City
Declan Rice insists Arsenal are ready to eradicate the hurt from their...
6h ago from SkySports.com
Comments
Hottest News
Oscar Piastri delivers brutal verdict on F1 2026 cars
Oscar Piastri has delivered a brutal verdict on... Read More »
5h ago from MotorsportWeek.com
Mick Schumacher IndyCar nightmare after crashing at the...
Mick Schumacher's IndyCar race weekend at Long... Read More »
6h ago from GPFans.com
GT driver loses Nuburgring licence as Max Verstappen...
Check out the biggest stories from Sunday, April... Read More »
5h ago from RacingNews365.com
