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Daily Mirror
Daily Mirror
Sport
Tom Sunderland

Christian Horner warns seven F1 teams could abandon races this season due to budget cap

Red Bull team principal Christian Horner has reiterated his opinion that the FIA must take measures to increase the Formula 1 budget cap.

In fact, he went as far as to suggest as many as seven teams could be forced to miss races in order to avoid spending more than they're allowed. F1's annual budget is currently set at $140million (£111m) per team, but Horner has said the current economic landscape has made that figure unmanageable.

"Seven of the teams would probably need to miss the last four races to come within the cap this year," said the Red Bull chief, per BBC Sport. "It's not just about the big teams. It's teams in the middle of the field who are really struggling with inflationary issues."

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