Austrian Grand Prix: F1 budget cap increased amid inflation crisis

Teams will be permitted to spend 3.1% more than previously – this year’s cost cap figure had been set at $140m. But Red Bull and Ferrari objected to the ruling, saying it was not fair, and after discussions at a meeting of the F1 Commission on Friday, it was agreed to delay it by a further two races to give teams more time to comply. A statement from the FIA following the F1 Commission meeting – which includes the teams, F1 and the FIA – added that the 2026 engine regulations are “close to finalisation”. Once they are confirmed, VW Group brands Porsche and Audi are expected to confirm their entries into F1 from 2026.

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