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Amid ongoing debate among grand prix racing’s chiefs about how best to address problems triggered by rising inflation and the cost of living crisis, teams are reluctant to keep spending on upgrades until they know there is no risk of them potentially being in breach of the spending rules.With McLaren having already admitted that it is on course to break the current ...
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F1 is currently attracting interest from American racing marque Andretti Autosport as a potential 11th entry in the near future.But Andretti’s plans have been met with a lukewarm reaction from most of the F1 paddock amid concern about the financial impact caused by adding another team to the field.Under the terms of the Concorde Agreement agreed by teams in 2020, any new entry must pay a ...
The Hollywood Reporter revealed on Monday that Hulu was the latest streaming company to capitalise on the current boom F1 is enjoying by producing a new show surrounding the series. Ricciardo shared the story from his Instagram account on Monday night, accompanied with a happy face emoji. His exact involvement in the project currently remains unclear.The initial report claims the ...
Amid a dramatic rise in inflation and a cost of living crisis, a number of squads are struggling to stay below the $140 million budget cap limit sent for this year.Some outfits, like Ferrari and McLaren, have already admitted in public that they are on course to break the cap this season because costs have jumped so much – so are in desperate need of a compromise deal being put in place to ...
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