Still three teams reject F1 budget cap raise
Apr.11 - Still three Formula 1 teams are now arguing against a move to raise the budget cap by $7 million.
Red Bull's Christian Horner says teams' freight costs in particular are "doubling" in 2022 as a result of factors like covid and the Ukraine-Russia war.
"We also see it in the cost of living. We see inflation throughout the world," he said.
"We need to find a sensible allowance that takes into account these inflationary costs because the only compensatory place to offset that is parts and people.
"Formula 1 is acutely aware of that, the FIA are acutely aware. I think the teams by and large are looking to find a workable solution."
Initially, it was mainly the biggest teams like Red Bull and Mercedes who were arguing the loudest about a budget cap increase, but now McLaren and Aston Martin have joined their ranks.
Only Alpine, Alfa Romeo and Haas are opposed to a budget cap increase now.
"Rules are rules," Alfa-Sauber team boss Frederic Vasseur said simply.
Haas' Gunther Steiner also sees no need for F1 to make a knee-jerk reaction to inflation.
"If we are above 3 percent inflation in September, there will automatically be more in 2023 anyway," he argues.
"We don't need to bring that forward."
As for why former budget cap hard-liners McLaren and Aston Martin have now defected and joined those pushing for a higher cap, Otmar Szafnauer told Auto Motor und Sport: "They have massive problems with their cars.
"They need the extra money for that," said the Alpine team boss, who defected from Aston Martin over the winter.
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More $$$$$.....F1's answer for everything.
Course more $$$$ Gold isn't cheap you know .
Wahhhhh
Who else got a 7% inflation raise this year?
Deal with it.
Or 8-9% as we hear now.
Just whining for more money to solve porpoising...
Cheap fix. Buy everybody tickets to Seaworld and they can take pic's and cad/cam the swimming dolphins solution.
In defence of things, if a domestic flight very quickly nearly trembled in price, I think wed all whinge a little bit lol
Nice try but we're not hauling around paddock condos and unobtanium jackstands. You and I could easily cut 50% from the 'budget' and still run the same car. Add a geo-centric schedule and $50m/yr would do nicely.
Definitely agree on the Geocentric idea, i mean wheres the harm in it, its if you like the European legs, the American legs, etc etc , for the environment surely a no brainer, i know there is the weather and time zones to consider , but even so, Hammy is doing his bit selling his pvt jet, but all he then does is charter one ffs....
There's Porpoises involved too so i hear from the F1 circus this yr..!!
So come on Ror, Inclusion , Inclusion, Inclusion , come on Support our Knight..!
Glad to see that you have taken ownership. At least you've got countrymen to support. We've got nothing but a team that insists on pursuing turd status. But still I hope...gawd, I am so naive. Still, 8th in the WCC and MSC points are realistic.
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