F1

2013 F1 budget cap possible - report

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May 17 (GMM) It is possible Formula One teams will be limited to a budget cap in 2013, according to Germany's Auto Motor und Sport.

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Photo by: xpb.cc

The budget cap idea saw the sport almost implode amid the bitter political war of 2009, when proposed by controversial former FIA president Max Mosley.

But it is back on the agenda in 2012, and according to new rules - where a majority of teams can now push through a change - it could be imposed next season.

"Ten of the 12 teams are in favour," Auto Motor und Sport said, referring to the push to have cost-cutting moved from the FOTA gentleman's agreement to the actual sporting regulations.

It means that the two dissenting teams, the Red Bull-owned Red Bull Racing and Toro Rosso, will have no say.

"The cost to be competitive in Formula One at present is too high," the boss of the energy drink company's premier team, Christian Horner, said recently. "I don't think anybody will dispute that.

"The debate is how we achieve it."

Not only that, the German report said nine teams are in favour of Mosley's old budget cap idea, with annual expenditure limited initially to EUR 170 million and then diminishing to 100 million over a few seasons.

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Series F1
Tags fia, fota, horner, mosley, red bull, toro rosso

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