Williams has become the first F1 team to be caught out by the budget cap rules. read more »

Williams has been fined for a procedural breach of Formula 1's financial regulations. It is the first team to have been sanctioned since financial regulations were... read more »

Williams have entered into an 'Accepted Breach Agreement' with the FIA, after the team broke the financial regulations applied for the 2021 season. read more »

Fill up the Red Bull piggy bank, is the advice from Guenther Steiner to Christian Horner. read more »

F1 launched its first team budget cap in 2021 after a big push by the FIA and the commercial rights holder to make the series more financially sustainable.Teams were limited to... read more »

The budget cap imposed upon the 10 teams by F1 is now in its second season and proving difficult for the sport's 'big three' in Mercedes, Red Bull and Ferrari to... read more »

F1 introduced a budget cap at the start of the 2021 season, initially limiting teams to spending $145 million per year. This figure dropped to $140m for 2022 and will fall by a... read more »

One upgrade could push a team over the budget cap, and that one could be what decides the title. read more »

Mattia Binotto said Ferrari will have a package coming at Silverstone, rather than any time sooner. read more »

Top teams would use any budget cap rise to make their cars faster rather than merely offsetting increased costs, fears Guenther Steiner. read more »

As a number of teams seek to have the budget cap raised, talks over the inclusion of drivers salaries in the budget limit continue. read more »

Pressure to raise the budget cap continues to mount in the face of high inflation rates, admits Ferrari's Mattia Binotto. read more »

Ferrari Team Principal Mattia Binotto has warned that Formula 1 teams will hit the budget cap cut off "very soon". Some outfits have called on F1 to raise the $140... read more »

Following the pandemic and the war in Ukraine, inflation in several European countries has soared to its highest level in decades and the increased energy and transport costs... read more »

Alpine team principal Otmar Szafnauer has insisted the budget cap will not need to be adjusted in the face of inflation despite warnings from F1's big three teams. read more »

That was evident at Monaco, where apart from some brake duct modifications, teams hadn't added any extra aero items.Most only brought revised steering geometry that is... read more »

F1's $145 million cost cap has come under increased pressure due to the rising inflation and energy prices as a result of Russia's invasion of Ukraine.Freight and... read more »

Red Bull team principal Christian Horner has ruled out mass redundancies as a remedy for the ongoing budget cap crisis. read more »

Mick Schumacher's crash looked worse than it was says Damon Hill but tell that to Haas' budget. read more »

Formula 1's top teams Red Bull, Ferrari and Mercedes all believe they are at risk of penalties for going over the sport's budget cap this season, with Christian... read more »

If seven teams are at risk of missing the last four races like Red Bull's Christian Horner suggests, then Haas are not one of them. read more »

Fred Vasseur's advice to those struggling with the budget cap, stop spending. read more »

Whilst reiterating the need to revise the budget cap, warning that failure to do so risks "mass redundancies", Christian Horner seeks to clarify his comment over... read more »

Whilst reiterating the need to revise the budget cap, warning that failure to do so risks "mass redundancies", Christian Horner seeks to clarify his comment over... read more »

Red Bull team principal Christian Horner has claimed F1's top teams are being "held to ransom" by its smaller rivals over the ongoing dispute around a budget cap... read more »