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.”
Jul 2, 2015, 10:18 PM EDT
New NHRA Peter Clifford has the experience and apparently plenty of ideas already to get the sport of drag racing moving forward and out of neutral.
Jul 2, 2015, 6:36 PM EDT
Today, Iowa. Next year, Indianapolis? That’s what Matthew Brabham is hoping for, after completing his first full IndyCar test with Andretti Autosport Thursday at Iowa Speedway.
Jul 2, 2015, 4:10 PM EDT
At the same time that James Hinchcliffe was seriously injured while practicing for the Indianapolis 500, Ryan Briscoe didn’t have a ride for either the 500 or for the season.
Jul 2, 2015, 3:00 PM EDT
The same ten teams from season one, albeit with a few name changes.
F1 Strategy Group pushing through technical revolution for 2017, other changes planned as early as Belgian GP
Jul 2, 2015, 1:48 PM EDT
F1 Strategy Group met with the FIA and Formula One Management in England on Wednesday to discuss future changes to the sport.
Jul 2, 2015, 1:30 PM EDT
Red, white and blue in time for the British Grand Prix weekend.
Jul 2, 2015, 1:00 PM EDT
The MST team makes its predictions ahead of this weekend’s British Grand Prix at Silverstone.
Jul 2, 2015, 12:26 PM EDT
What if The Rolling Stones’ concert set list at IMS was specifically inspired by recent IndyCar events? We ponder the possibilities.
Jul 2, 2015, 10:44 AM EDT
A Power outage, JPM and Marco’s quiet rolls, and other IndyCar nuggets of note leaving Fontana.
Jul 2, 2015, 10:00 AM EDT
Four driver changes ahead of this weekend’s round at Silverstone.
Jul 2, 2015, 9:00 AM EDT
Can Lewis Hamilton make it a homecoming to remember by scoring his third British Grand Prix victory at Silverstone?
Jul 1, 2015, 7:00 PM EDT
Mark Miles discussed Fontana, Milwaukee, Road America and more.
Jul 1, 2015, 5:53 PM EDT
The CEO of IndyCar discussed the challenges of putting together an extended series schedule.
Jul 1, 2015, 5:30 PM EDT
TV times across the board for this weekend’s British Grand Prix at Silverstone.
Jul 1, 2015, 4:59 PM EDT
Could penalties be coming to drivers who speak out about IndyCar’s on-track product? Mark Miles flips some pancakes on the possibility.
Jul 1, 2015, 4:03 PM EDT
Will Power fined, put on probation after shoving safety official during Saturday’s race.
Jul 1, 2015, 2:42 PM EDT
In a surprise move, the NHRA announced Wednesday that president Tom Compton has retired after 15 years as the sanctioning body’s chief executive officer
Jul 1, 2015, 1:54 PM EDT
The provisional winner of the Pikes Peak International Hill Climb is Rhys Millen.
- NHRA: New president Peter Clifford full of ideas to get drag racing back on-track 0
- Ryan Briscoe making most of filling in for James Hinchcliffe 0
- F1 Strategy Group pushing through technical revolution for 2017, other changes planned as early as Belgian GP 3
- 2015 British Grand Prix Preview 1
- Here are your British Grand Prix air times on CNBC, NBCSN, Live Extra 0
- Miles: After “two-sided pancake” Fontana race, IndyCar may crack down against stakeholder comments 13
- IndyCar issues penalties and fines following MAVTV 500 at Fontana 5