Only three teams reject F1 budget cap hike

Only three Formula 1 teams are now arguing against a move to raise the budget cap by $7 million. Initially, it was mainly the biggest teams like Red Bull and Mercedes who were arguing the loudest about a budget cap increase, but now McLaren and Aston Martin have joined their ranks. Only Alpine, Alfa Romeo and Haas are opposed to a budget cap increase now. “Rules are rules,” Alfa-Sauber team boss Frederic Vasseur said simply. Haas’ Gunther Steiner also sees no need for F1 to make a knee-jerk reaction to inflation. “They need the extra money for that,” said the Alpine team boss, who defected from Aston Martin over the winter.

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