F1 wants to end budget cap row by Canada

Formula 1 wants to end a raging argument about the budget cap by this month’s Canadian GP. On the one hand, big teams like Mercedes and Red Bull are pushing for an emergency increase to the $140m per-team cap, to stave off raging global inflation. In the other corner are the smaller teams, represented by figures like Alfa Romeo’s Frederic Vasseur who argues: “My budget is the budget that I have, which is $10 million below the limit. Ironically, however, it is Williams who have actually breached the budget cap rules, as it emerges the back-of-the-grid team failed to meet a reporting deadline to the FIA last year.

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