Red Bull and Mercedes have reportedly emerged as two of the teams that would like to have the budget cap increased by $5 million in 2022. Amid significant alterations to the technical regulations for 2022, the teams have had to adopt entirely new design philosophies ahead of the new season. This also applies to the
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McLaren CEO Zak Brown has said he cannot rule out the possibility of there being no sprint racing action this year, owing to disputes within Formula 1 over the budget cap. Every F1 team will be working on a $140 million budget over the course of 2022, which is down by $5 million from last
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Ferrari driver Charles Leclerc has said he doesn’t support plans for a driver salary cap in Formula 1. The Monegasque is one of the highest-paid drivers on the current F1 grid, with the Scuderia paying him $12 million per year. READ: Red Bull Poach Senior Mercedes Engineer For New Powertrains Division Commenting on the proposed
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A 2022 engine freeze was unanimously supported by teams during a meeting of the F1 Commission on Thursday, paving the way for Red Bull to continue to use Honda power units after the Japanese auto-maker exits the sport at the end of this year. This comes just weeks after Red Bull and Honda agreed a
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