F1 and teams set to compromise budget over inflation crisis
Jun.27 – F1’s governing body has proposed to end the current budget cap argument by paying teams a fixed amount to counteract..
F1 money - Page 15
F1 secures massive new US television rights deal with ESPN
Jun.27 – Formula 1 has managed to multiply the value of its television rights deal in the United States by a staggering factor of 15...
Mazepin knows F1 will pay back the cancelled Russian GP fee
Jun.22 – Nikita Mazepin says he thinks the former promoter of the Russian GP has now received a refund from Formula 1. The Russian..
Mazepin taking legal action against Haas F1 team
Jun.21 – Nikita Mazepin has confirmed that he is proceeding with legal action against Haas. The Russian driver, and his..
F1 set to drop legendary Spa-Francorchamps track next season?
Jun.21 – The legendary Formula 1 circuit at Spa-Francorchamps is tipped to be missing from the 2023 calendar. On the sidelines in..
F1 not returning 2022 Russian GP advance payment?
Jun.17 – Formula 1 kept the 2022 race fee even after axing the Russian GP contract. That is the claim of VTB Bank, the Russian..
Teams and drivers argue over possible F1 driver salary cap
Jun.12 – Formula 1’s highest paid drivers have found themselves united against their respective team bosses. “It’s..
Andretti slams Mercedes team boss over his F1 team bid criticism
Jun.8 – F1 legend Mario Andretti has slammed Toto Wolff for dismissing the contribution an Andretti team could make to Formula 1...
F1 wants to end ongoing budget cap quarrel this month
Jun.8 – Formula 1 wants to end a raging argument about the budget cap by this month’s Canadian GP. On the one hand, big teams..
Alonso not pleased with latest F1 driver salary cap talks
Jun.7 – Fernando Alonso has revealed his opposition to the idea of a salary cap for Formula 1 drivers. Max Verstappen’s manager..
Verstappen says he may quit F1 after his current contract
Jun.6 – World champion and current world championship leader Max Verstappen has warned that he may “stop” his Formula 1..
Mercedes looking to drop F1 engine customer says team boss
May 30 – Mercedes is looking to shed a Formula 1 engine customer, boss Toto Wolff has revealed. Currently, the German marque supplies..
Many F1 teams will break budget cap says Binotto
May 29 – Ferrari has joined Red Bull in pushing for an emergency increase to Formula 1’s $140 million team budget cap for 2022...
Verstappen’s manager slams new salary cap idea
May 29 – Max Verstappen has slammed as “idiocy” plans to enforce a driver salary cap in Formula 1. As a debate rages in..
Red Bull’s budget cap problem ‘great’ says Alpine team boss
May 28 – Some teams are refusing to budge as Red Bull leads a vocal campaign to see the budget cap raised in 2022 in order to tackle..
F1 budget cap keeps F1 teams busy this season
May 27 – A Formula 1 row about the budget cap is likely to keep racing for some time. Red Bull team boss Christian Horner said..
Marko says ‘No top team’ within 2022 budget cap
May 26 – The budget cap has become a big problem amid surging global inflation, according to Dr Helmut Marko. The 78-year-old top Red..
F1 row threatens existence of team’s budget cap already
May 24 – Smaller teams are continuing to resist efforts to ramp up the budget cap as a response to inflation. The $140 million budget..
Verstappen’s father not worried about Ferrari argument
May 20 – Max Verstappen’s father and co-manager is not concerned that the Red Bull versus Ferrari title battle will spiral out..
Ferrari F1 budget cap claims ‘nonsense’ according Red Bull
May 16 – Dr Helmut Marko says it’s “nonsense” that Red Bull is already blasting through its limited allocation of..
