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.”
May 29, 2015, 4:00 PM EDT
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May 29, 2015, 1:51 PM EDT
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May 29, 2015, 12:48 PM EDT
Kanaan leads the way in the T-Swift mobile.
May 29, 2015, 12:00 PM EDT
Fernando Alonso’s manager confident the Spaniard was right to leave Ferrari and join McLaren for 2015.
May 29, 2015, 11:00 AM EDT
Ecclestone has given the race promoters two months to make a decision on whether to revive the Indian Grand Prix or not.
May 29, 2015, 10:15 AM EDT
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May 29, 2015, 9:30 AM EDT
Ricciardo announced himself on F1’s big stage in Canada last year with the first of three victories in 2014.
May 29, 2015, 9:00 AM EDT
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May 29, 2015, 7:45 AM EDT
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May 29, 2015, 12:35 AM EDT
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May 28, 2015, 11:05 PM EDT
Sarah Cornett-Ching is opening a lot of eyes in the ARCA Series this season.
May 28, 2015, 8:59 PM EDT
Here’s the field for this year’s Red Bull GRC season opener in Ft. Lauderdale.
May 28, 2015, 8:31 PM EDT
Taylor Swift on an IndyCar? Believe it.
May 28, 2015, 6:49 PM EDT
With the completion of the Kansas Nationals this past Sunday, the NHRA Mello Yello Drag Racing Series has reached the one-third point of the 2015 season.
May 28, 2015, 4:30 PM EDT
Ex-F1 driver ponders whether Hamilton’s trust in Mercedes may have taken a hit after his Monaco defeat.
May 28, 2015, 3:23 PM EDT
FIA looking for more teams to join the sport in the next two seasons.
May 28, 2015, 3:00 PM EDT
After Williams recorded its first non-score since Brazil 2013 in Monaco, Bottas is sure that the team will respond in Montreal next weekend.
May 28, 2015, 1:30 PM EDT
25 years on from Mark Blundell’s pole position at Le Mans, Nissan pays homage with a retro livery on its third car for the race.
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