As part of F1's push to level the playing field, it has imposed a cost cap limit on spending - forcing teams to think smarter in the quest for victory rather than simply... read more »

F1 has embraced a cost cap to level things up between teams, with the spending cap for 2022 being trimmed back from the $145 million that teams had to play with last year.While... read more »

With another $5 million off the budget cap for this season, Ferrari's Laurent Mekies detailed the process of planning and producing upgrades. read more »

After Zak Brown claimed some teams wanted more money for sprint qualifying, a report from Italy claims Mercedes and Red Bull are those involved. read more »

Due to the budget cap, Ferrari believe it is no longer possible for them to fire out upgrades every one or two races. read more »

In 2021 F1 trialled sprint races at three grands prix to a mixed reception, the latest push by F1's owners Liberty Media to find new ways of engaging fans and growing the... read more »

F1 is embarking on an all-new rules era this season with ground-effect cars aimed at making the racing closer and levelling the playing field much more between teams.While it... read more »

Zak Brown says 2022's sprint races could be scrapped as F1 is unlikely to get eight teams to vote yes unless the budget cap is raised. read more »

Zak Brown has accused some teams of holding F1 "hostage" over their demands for additional allowances for sprint race in the cap. read more »

McLaren CEO Zak Brown has suggested F1 is being 'held hostage' by a number of 'chequebook racing teams' who have failed to come to terms with the budget cap. read more »

Part of the agreement for the three experimental sprint races held last year was an allowance within the new the budget cap framework for competing in the extra events.Teams... read more »

McLaren boss, Zak Brown says he is "adamantly opposed" to increasing the budget cap in order to allow for damage incurred at Sprint events. read more »

AlphaTauri's Franz Tost says his team will spend to budget-cap level in 2022, creating a complex financial situation to manage. read more »

Ferrari's Laurent Mekies warns that the budget cap will limit the amount of updates teams can introduce over the course of the season. read more »

Last season most F1 teams halted any development push on their 2021 cars early in a bid to get ahead of the game for this year's all-new technical regulations.While 2021... read more »

James Key doesn't expect teams to "push the envelope" in 2022 given the new regulations and the budget cap. read more »

Needing budget to switch GP2 teams in 2016, Pierre Gasly was the victim of an attempted scam by a fake sponsor. read more »

Speaking in response to a question at the Abu Dhabi Grand Prix, Gasly recollected that one of the biggest adventures of his life came when he was chasing a budget to race in... read more »

Mazepin, who owns the Uralkali company that is title sponsor of Haas, has offered to fund an incentive programme to help encourage staff to stay on board for next year.Rather... read more »

The Italian has lost his seat for 2022 to well-funded Chinese driver Guanyu Zhou, who is making the step up from Formula 2 to be Valtteri Bottas' teammate.Zhou's... read more »

Christian Horner feels Formula 1 should not place all policing of engine testing from 2026 on the budget cap. read more »

At the recent US GP team bosses noted that their organisations are set to become more profitable, thanks in large part to the introduction of the budget cap in 2021, which has... read more »

The UK government finance minister Rishi Sunak announced in the autumn budget statement to parliament that the government intended to fund the Hebrides X-Prix. read more »

The 20-year-old American finished third in last year's FIA Formula 3 championship, driving for Prema Racing, but was unable to move up to F2 for 2021 due to a lack of... read more »

Sargeant, 20, finished third in last year's FIA Formula 3 championship, but was unable to move up the ladder due to a lack of budget, prompting him to return to the series... read more »