Introduced ahead of the 2021 season, the ATR was conceived in tandem with the budget cap to inspire a more competitive field and increase the financial sustainability of the... read more »

While many still believe the $7m fine for exceeding the budget cap to be derisory, Max Verstappen admits that the reduction on aero testing will present an altogether different... read more »

Max Verstappen is not concerned about budget cap restrictions affecting his chances of winning a third world title in a row. read more »

Red Bull team boss Christian Horner asserts that the penalty it was issued for breaching the 2021 budget cap is "significantly limiting" its pre-season development... read more »

Haas announced in October that international payment company MoneyGram would be joining as its new title sponsor, providing a big financial boost to one of the smallest... read more »

Toto Wolff has praised the introduction of the budget cap in F1 and believes that its introduction 'saved the teams from themselves'. read more »

Kevin Magnussen has hailed the benefit of Haas finally being able to operate at F1's budget cap limit this season following the arrival of a new title partner. read more »

As we enter the third season under a budget cap, FIA president, Mohammed ben Sulayem is confident that it is working and can, in time, level the playing field. read more »

Former Williams Team Principal Jost Capito has doubts that the team could have continued in Formula 1 had a budget cap not been introduced. read more »

F1 introduced its first set of financial regulations for the 2021 season, restricting teams to a yearly budget of $145 million. This was initially set to fall by $5m per year,... read more »

Former Alfa Romeo team principal Fred Vasseur has revealed the on-track cost of failing to operate at the budget cap level. read more »

Haas team principal Guenther Steiner is confident of a "fair fight" between F1 teams with all 10 outfits now working at or close to the budget-cap limit. read more »

Following the audit of the first year of F1's financial regulations in 2021, Red Bull was found to have exceeded the $145 million budget cap by 1.6%, resulting in a $7m... read more »

Former Alfa Romeo team principal Fred Vasseur has indicated the knock-on effects of F1's budget cap have secured the team's survival. read more »

Guenther Steiner believes Haas have what it takes to make another step forward in 2023 as they continue to grow as a team amid the new budget cap era of Formula 1. read more »

Alpine team principal Otmar Szafnauer has conceded an early advantage held by the team within F1's new financial regulations is now beginning to dissipate as rival teams... read more »

Red Bull team principal Christian Horner has conceded to being surprised by Mercedes' ability to fight back to the front in 2022 in F1's budget cap era. read more »

Jenson Button has boldly predicted an "epic" 2023 season is in store as the recently introduced technical regulations and budget cap begin to yield results. read more »

Having no budget cap in 2022 would not have solved the problems that affected Mercedes' W13 car, according to Team Principal Toto Wolff. read more »

Adrian Newey says he expects Red Bull's development to suffer next season due to its enforced reduction in aero testing following its budget cap breach of 2021. read more »

Former Williams boss Jost Capito believes the F1 team "wouldn't exist anymore" had the budget cap not offered it a vital lifeline. read more »

Haas team principal Guenther Steiner has doubled down on the notion that Red Bull's punishment for breaching the 2021 budget cap was far too lenient. read more »

Former Williams team principal and CEO Jost Capito has warned inflation could cause further issues with F1's budget cap. read more »

McLaren CEO Zak Brown says he believes that it will be another two years before Formula 1 has a deeply competitive field as a result of the budget cap. F1 introduced a cost cap... read more »

Additional reporting by Sam Hall read more »