Hard times could come to Formula 1 in the future. Red Bull team boss Christian Horner has already painted a bleak picture. If the “budget cap” of around 130 million euros is not increased, some Formula 1 teams will have to forego seasonal races for budget reasons. “Seven teams will probably have to skip the last four races in order to stay within the budget limit,” admitted Horner to consider. According to the Red Bull team boss, some teams are no longer able to stay below the spending limit of 130 million euros due to high inflation and the sharp rise in energy costs.
Red Bull advisor Helmut Marko said on the sidelines of the race in Barcelona: “None of the top teams is currently under the budget limit.” The prices for transport would also have quadrupled. For this reason, the Briton calls for an increase in the money restrictions. This restriction was first included in the Formula 1 regulations before the season. In addition to Red Bull, Mercedes, Ferrari, Alpha Tauri, McLaren and Aston Martin are also affected. According to Marko, transport costs have increased by 60 percent. The cost of materials has also increased immensely.
According to media reports, there is a dispute among the teams in Formula 1. According to Marko, talks are currently being held with Formula 1 about an inflation adjustment. However, such a regulation would have to be decided by all teams. The small racing teams are currently fighting back. Teams like Red Bull, Ferrari or Mercedes are scratching the budget limit. The small teams, on the other hand, could not afford such a sum due to financial problems. Alpine, Alfa Romeo, Haas and Williams have recently spoken out in favor of relaxing the budget cap.
