Formula 1 teams will miss races unless budget cap raised – Red Bull’s Christian Horner

Formula 1 teams will be forced to miss races this season unless the sport’s budget cap is increased, says Red Bull team principal Christian Horner. It’s teams in the middle of the field who are really struggling with inflationary issues.”. “When freight costs go up by 2.5m or 3.5m but your development budget is 20m, can you not make your development budget 17m and still be under the cap? Some of the smaller teams have budgets lower than the cap, and they say that increasing it would only increase the inequity across the field – which is counter to the aim of the rule changes introduced by the FIA and F1.

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