F1 »

Horner: Budget caps on agenda again

Could budget caps be about to appear in F1?
Red Bull Racing team boss Christian Horner has admitted that discussions about a possible budget cap in F1 are once again taking the place.

The issue of a budget cap almost split the sport two years ago after then FIA president Max Mosley revealed plans to bring a cap into the sport, with the team's rebelling against the plans before agreeing to introduce a Resource Restriction Agreement which would limit spending in certain areas.

Despite that agreement, there have still been arguments about the amount being spent by some teams in the paddock, with Horner revealing that talks are now 'heading in the right direction' with the Formula One Teams Association over a possible cap in spending in all areas.

That would remove the situation where teams are able to spend varying amounts of money on areas like engine development and marketing.

"[The RRA] has been a very good focus because now you have some financial regulations that have forced the teams to be efficient whereas previously there were inefficiencies I guess in all of them,” he said "We agree with restricting activity but don't cherry-pick. Let's do a transparent once-and-for-all deal with this."

Horner added that an agreement would remove the current infighting over how much Red Bull spent last year in pursuit of the title, with FOTA investigating whether the team went outside the RRA.

"The other major problem Red Bull Racing had with the RRA was that [other teams] wanted to introduce a penalty which just encourages infighting,” he said. “The little teams see an opportunity to make some income and you end up with a situation of whistle-blowing. You can see it at the moment, it is putting the teams against each other which is not what FOTA was supposed to do."

"Contrary to speculation, we completely adhered to the RRA within 2010. Red Bull Racing had their cheapest ever year in Formula One last year in terms of their net spend and that will diminish further this year. The RRA saved us a lot of money."



Related Pictures

Click on relevant pic to enlarge
11/2/2011- Christian Horner (GBR), Red Bull Racing, Sporting Director
11/2/2011- Christian Horner (GBR), Red Bull Racing, Sporting Director
03.02.2011  Christian Horner (GBR), Red Bull Racing, Sporting Director, Adrian Newey (GBR), Red Bull Racing, Technical Operations Director
Mick Junior (Schumacher) secures Karting glory [pic: FIA World Karting]
21.09.2014 - Race, Celebration, Nico Rosberg (GER) Mercedes AMG F1 is applauded by his team
21.09.2014 - Race, Celebration, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner with Jurgen Hubbert (GER), Mercedes
21.09.2014 - Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner
21.09.2014 - Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner
21.09.2014 - Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner
21.09.2014 - Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner
21.09.2014 - Race, 2nd position Sebastian Vettel (GER) Red Bull Racing RB10
21.09.2014 - Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner
21.09.2014 - Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner
21.09.2014 - Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner
21.09.2014 - Race, 3rd position Daniel Ricciardo (AUS) Red Bull Racing RB10
21.09.2014 - Race, Lewis Hamilton (GBR) Mercedes AMG F1 W05 race winner
21.09.2014 - Race, Pit stop, Sergio Perez (MEX) Sahara Force India F1 VJM07
21.09.2014 - Race, Pit stop, Daniil Kvyat (RUS) Scuderia Toro Rosso STR9

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


hello moto - Unregistered

February 13, 2011 9:01 PM

On one side is a budget cap, relaxed technical specifications, and probable stability for F1. On the other side is spec racing and extravagant wastefulness (hotels, hookers, and heroine). Race fans choose the latter b/c "this is F1"? WTF is that supposed to mean? It's a wonder F1 hasn't already collapsed. The fans are bigger knobs than the people in charge.



© 1999 - 2014 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.