Apr 10, 2013, 11:00 AM EDT
Red Bull team principal Christian Horner has reiterated his opposition to placing a cap on teams’ spending in Formula One.
During the Malaysian Grand Prix weekend Horner said “We have been talking about a budget cap for about five years now. The hardest thing in the world is to police what a company spends”.
The idea of a budget cap in F1 was first raised by former FIA president Max Mosley in 2008. He attempted to introduce on in 2010 but the plan was scrapped amid objections from the teams.
The teams imposed spending limits of their own through a Resource Restriction Agreement agreed by them within the Formula One Teams’ Association (FOTA). But Red Bull and Ferrari left FOTA at the end of 2011 as they failed to reach agreement on how to apply the RRA.
Horner remains convinced the RRA is unworkable, describing it as “fundamentally flawed” at the last race.
He said it was impossible to place a limit on spending at teams and enforce it because “Ferrari operates in a completely different way to McLaren or Mercedes or Red Bull.”
“The best way to control costs is through stable regulations. For example the biggest impact on Sauber’s costs next year will be a change of regulations with the drive train, so really the most sensible way to contain costs are stable, clear and concise regulations – both sporting and technical.”
Apr 25, 2015, 7:11 PM EDT
Second in qualifying a good day at the office for Will Power, as he’s in search of his first win of the year.
Apr 25, 2015, 6:42 PM EDT
Davey Hamilton will have a one-off day back behind the wheel of a current day IndyCar, filling in for Townsend Bell at next week’s IndyCar open test at the Indianapolis Motor Speedway.
Apr 25, 2015, 6:33 PM EDT
Spencer Pigot dominates Indy Lights flag-to-flag in first race of weekend at Barber.
Apr 25, 2015, 5:57 PM EDT
Castroneves bags the pole for IndyCar’s fourth round at Barber.
Apr 25, 2015, 4:30 PM EDT
A surprise in Spain for Rowland as on-track winner Meindert van Buuren is hit with a time penalty for jumping the start.
Apr 25, 2015, 3:15 PM EDT
Audi no. 8 driver pleased with the team’s pace at Silverstone and in the recent test at Paul Ricard.
Apr 25, 2015, 2:33 PM EDT
Power on top in second IndyCar practice at Barber.
Apr 25, 2015, 1:45 PM EDT
Spanish rider was sidelined following the Qatar Grand Prix due to an arm pump injury.
Apr 25, 2015, 12:15 PM EDT
Preview the track that will host the next Formula E race on May 9.
Apr 25, 2015, 11:17 AM EDT
Scott Dixon takes the Coca-Cola car to the top of the first practice session at Barber.
Apr 25, 2015, 11:00 AM EDT
Former F1 world champion and Indy 500 winner hits out at Alonso’s move to McLaren and Manor’s inclusion on the grid.
Apr 25, 2015, 10:12 AM EDT
Qualifying for the Verizon IndyCar Series’ race at Barber has been moved up to 5 p.m. ET, and 4 p.m. CT and local time on NBCSN.
Apr 25, 2015, 9:18 AM EDT
Conor Daly has been confirmed in the Indianapolis 500 in SPM’s third car.
Apr 24, 2015, 9:11 PM EDT
Honda takes the wraps off the new Accord safety car.
Apr 24, 2015, 9:02 PM EDT
Pigot scores his first Indy Lights pole at Barber.
Apr 24, 2015, 6:30 PM EDT
Formula E’s championship leader looks ahead to his adopted home race in Monaco on May 9.
Apr 24, 2015, 5:00 PM EDT
2014 GP2 champion reflects on the opening four races of the year with Lotus.
WSR: Comtec pulls out of first Formula Renault 3.5 round, parts company with Regalia after three days
Apr 24, 2015, 3:30 PM EDT
Grid falls to 20 cars for the Formula Renault 3.5 opener in Spain this weekend.
Apr 24, 2015, 2:00 PM EDT
The Indian Grand Prix was last held in 2013 at the Buddh International Circuit.
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