F1 budget - Page 2

F1 CEO Calls for Stricter Penalties as Top Teams Walk Budget Cap Tightrope

Jul.19 – Three Formula 1 teams are reportedly at risk of breaching the sport’s budget cap rules. Last year, Red Bull and Aston..

3 comments | 
19 Jul 2023

Ferrari’s 2024 F1 car in the works, but budget cap poses challenges

Jul.12 – Ferrari has already turned its attention to producing a new Formula 1 car for 2024. Carlos Sainz said at a sponsor event in..

1 comment | 
12 Jul 2023

Marko warns rivals: Red Bull’s F1 team under ‘Massive’ poaching pressure

Jun.29 – Dr Helmut Marko says his latest comments about Daniel Ricciardo and Sergio Perez were “taken out of context”...

1 comment | 
29 Jun 2023

Midfield F1 teams rally for budget cap overhaul to bridge infrastructure gap

Jun.23 – Midfield and lower-level Formula 1 teams are pushing for changes in the budget cap system to enable them to catch up in..

9 comments | 
23 Jun 2023

Budget cap controversy: FIA scrutinizes top teams’ non-F1 activities

Jun.23 – Mercedes claims it may be just a single upgrade package away from victory in 2023. Former Formula 1 driver Ralf Schumacher..

3 comments | 

Money or rules? Alpine boss uncovers obstacles hindering F1 progress

May 16 – Otmar Szafnauer says Renault-owned Alpine is pushing hard to up its game in Formula 1. Recently, Alpine CEO Laurent Rossi..

4 comments | 
16 May 2023

Horner refuses to name names in Red Bull F1 sponsor saga

Apr.25 – Christian Horner has played down suggestions Red Bull’s rivals tried to “steal” Formula 1 sponsors over..

1 comment | 
25 Apr 2023

F1 CEO nervous about budget cap violation repeat by team?

Apr.18 – Stefano Domenicali admits he is “nervous” about a repeat of last year’s budget cap breach controversy. A..

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18 Apr 2023

Ferrari boss questions fairness of Red Bull’s F1 budget cap enforcement

Apr.11 – Frederic Vasseur has hit out at the “very mild” penalty imposed for Red Bull’s budget cap breach. The..

4 comments | 
11 Apr 2023

Marko dismisses wild claims of Red Bull winning every race in 2023

Mar.15 – Red Bull’s rivals could rapidly catch up in the latter part of the 2023 season, Dr Helmut Marko has warned. As the..

4 comments | 
15 Mar 2023

Red Bull’s Marko reveals big changes for budget cap compliance

Mar.3 – Dr Helmut Marko says Red Bull made big changes over the winter to ensure last year’s budget cap scandal does not..

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3 Mar 2023

Will New Sponsor Deals Save Williams F1 team’s Financial Future?

Feb.16 – Williams has played down concerns about financial strife in the wake of Nicholas Latifi’s departure from Formula 1...

4 comments | 
16 Feb 2023

Will Red Bull stay within the F1 budget cap limit this year?

Feb.15 – Christian Horner admits there is no guarantee Red Bull will not breach Formula 1’s new budget cap for the second year..

5 comments | 
15 Feb 2023

Boss of F1 Urges Swift Action on Future Budget Cap Breaches

Feb.14 – Formula 1 must speed up the process of dealing with potential breaches of the annual budget cap, Stefano Domenicali has..

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14 Feb 2023

All F1 teams to reach budget limit next year

Dec.14 – Haas will hit Formula 1’s budget limit in 2023, team boss Gunther Steiner has revealed. The small American team,..

1 comment | 
14 Dec 2022

McLaren happy with team’s F1 budget cap management

Dec.8 – Andreas Seidl is proud of the way McLaren handled the Formula 1 budget cap so far. While Red Bull copped penalties for a..

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8 Dec 2022

AlphaTauri F1 boss admits he had budget cap worries this year

Dec.5 – AlphaTauri hit a development brick-wall in 2022 over fears of a budget cap breach, team boss Franz Tost has admitted. Sister..

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5 Dec 2022

President says FIA lawyer did not leak Red Bull F1 news

Nov.20 – FIA president Mohammed Ben Sulayem has lashed back at suggestions a former Toto Wolff-linked lawyer is the source of a media..

5 comments | 
20 Nov 2022

Williams team boss ‘fine’ with Red Bull’s budget cap F1 penalty

Nov.11 – Jost Capito says he is ready to move on from this year’s budget cap saga. Red Bull was fined $7 million and docked 10..

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11 Nov 2022

Red Bull claims six teams will exceed 2022 F1 budget cap

Nov.8 – The budget cap saga may be about to boil over, Red Bull’s top Austrian official Dr Helmut Marko warns. In the days..

4 comments | 
8 Nov 2022

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