Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Sport
Daniel Moxon

Top F1 teams have found "loopholes" to get around budget cap, claims Alpine chief

The biggest Formula 1 teams have begun to find ways to exploit budget cap rules in relation to staff numbers, according to Alpine team boss Otmar Szafnauer.

The regulations were brought in to create a level playing field among all 10 teams, in the financial sense. Most were either already operating on a budget lower than the cap or did not have to take too many cost-cutting measures, but the big three in particular needed to rein in their spending.

That, unfortunately, involved a swathe of job cuts. Mercedes, Ferrari and Red Bull were forced to cut staff numbers in order to give themselves a better chance of complying with the budget cap – of course, the latter did commit a "minor" overspending breach in 2021, the first season the regulations came into force.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.