02
Jun
2022
F1 can’t just open up budget cap for big teams
F1’s $145 million cost cap has come under increased pressure due to the rising inflation and energy prices as a result of Russia’s invasion of Ukraine.
Freight and electricity costs have nearly tripled compared to last year, which Mercedes team boss Wolff says has cost his team an additional eight million pounds.
That means F1’s biggest teams have a problem on their hands to meet the cost cap, with budgets set well before the economic downturn began.
Red Bull’s Christian…