The cost cap in Formula One introduced this year will put a heavier-than-expected burden on teams: the $140 million cap appears lower this year due to inflation and global economic developments, and some teams have already spent their development budgets over an entire year – he writes vezess.hu.
“It is possible that seven teams will miss the last four races to fit in the ceiling. It affects not only the big teams, but the midfield, which suffers a lot from inflation,” said Christian Horner, team leader at Red Bull.
He believes that the FIA must intervene, otherwise the supervisory board will face serious problems. “Energy bills and the cost of living are growing exponentially, and F1 is no exception. Freight rates have quadrupled and we can’t influence that.
According to the BBC, Ferrari, Mercedes and McLaren were also behind Horner, but Alfa Romeo, Alpine, Haas and Williams voted against the proposal to somehow adjust the cost limit to inflation rates set by the International Monetary Fund.
Opening photo: MTI/EPA/Ali Haider
