News Details
Horner: Budget cap has forced 'painful' redundancies
Article To news overview © Getty Images/Red Bull Contentpool Red Bull team boss Christian Horner has said that the enforced downsizing of the team due to the introduced budget cap, has resulted in having to make 'painful' redundancies. Formula 1 teams are restricted to a budget of $145 million in 2021, as part of the new financial cost cap introduced to the sport in an effort to increase competition across the field. While smaller teams might not have trouble keeping to that cap, bigger teams like Red Bull Racing are having to downsize their operations a little in order to reduce costs. We’ve had to go through the pain of redundancies over the winter," confirmed Christian Horner in...
Full Story »
Full Story »
4y ago from RacingNews365.com
0
You May Also Be Interested In...
Wolff and Horner reveal "pain" of axing...
Ian Parkes Friday 2 april 2021 17:05 Mercedes team principal Toto Wolff...
4y ago from GPFans.com
Red Bull long-term staff redundancies ‘painful'
Red Bull boss Christian Horner discussed the mammoth task of falling...
4y ago from PlanetF1.com
Horner: 'Dirt on Verstappen's tyres gave Lewis...
Christian Horner is disappointed Max Verstappen was unable to take the...
4y ago from GPBlog.com
Horner: 'Dirt on Verstappen's tyres gave Lewis...
Christian Horner is disappointed Max Verstappen was unable to take the...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta on MotoGP silly season rumours: “Those...
No description available...
13h ago from Motorsport.com
KTM and Tech3 unveil 2026 MotoGP challengers
KTM and its sister team Tech3 have officially launched its 2026...
17h ago from MotorsportWeek.c...
KTM and Tech3 unveil 2026 MotoGP bikes in joint launch
No description available...
17h ago from Motorsport.com
Why Valentino Rossi is putting pressure on Ducati over...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Briscoe to coach RLL drivers, fueling speculation...
Rahal Letterman Lanigan Racing has announced that it has brought on two...
1d ago from MotorsportWeek.c...
Wienie 500 returns for second year in build-up to Indy...
Indianapolis Motor Speedway has announced that the Oscar Meyer Wienie 500...
1d ago from MotorsportWeek.c...
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
4d ago from MotorsportWeek.c...
IndyCar penalizes Abel Motorsports for rig testing
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Rally USA return edges closer for 2027 as WRC plans...
No description available...
8h ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1d ago from Motorsport.com
How Oliver Solberg picked up his “crazy dream”...
No description available...
2d ago from Motorsport.com
Oliver Solberg crowned the youngest ever Rallye Monte...
Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
2d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal, Man United and Chelsea lock horns for...
Arsenal, Manchester United and Chelsea are keeping tabs on the Freiburg...
5h ago from CaughtOffside.com
Gabriel refusing to shake Maguire's hand sparks aggro...
Gabriel refused to shake Harry Maguire's hand which sparked aggro at full...
8h ago from SkySports.com
Arteta feeling bullish after Arsenal ‘take...
t;li>Head coach and players spoke in wake of United defeatSide is ‘in...
9h ago from TheGuardian.com
Arteta encouraged by 'beautiful' meeting with players...
Mikel Arteta has revealed he called his players for a meeting to...
9h ago from SkySports.com
Comments
Hottest News
LIVE: 2026 F1 Barcelona Pre-Season Test - Day 2
The second day of on-track action for F1 in 2026... Read More »
18h ago from RacingNews365.com
F1: Barcelona Day 2 Recap: Ferrari
It was a productive day for us. Despite the rain,... Read More »
6h ago from Pitpass.com
2026 F1 Barcelona Pre-Season Test - Day 2 results
See the results from the second day of pre-season... Read More »
9h ago from RacingNews365.com
