Update | Horner: “Then the big teams would have to lay off about two to three hundred employees”

Christian Horner disagrees that he is being portrayed as a hypocrite when it comes to changing the rules all season long. The former Red Bull Racing boss has indicated he doesn’t think it’s right to add the rules around porpoises, but at the same time he advocates expanding the budget cap. Explain why this is not hypocrisy.

in conversation with Sky Sports F1 Let the British shed light on the allegations against him. The team leader believes that the two cases cannot be compared. One is force majeure, the other is under the control of teams. “What we are talking about with the cost cap is inflation. In the UK they are talking about 11 per cent inflation in the second half of the year.

This inflation is something that teams did not consider when preparing their budgets in advance, which can now cause problems on the bottom line. This is the result of what is happening in the world. Horner, who therefore believes that the difference should be accommodated, said.

no force majeure

That word “force majeure” is exactly why he believes raising the budget ceiling is permissible in the middle of the season. With porpoises, it’s different. “It’s within the team’s control,” said the Red Bull Racing boss. Since there is no issue of force majeure and the teams themselves can respond to this issue, a rule change regarding this issue is not necessary, according to Horner.

Update 08.45 (24/06) | Horner: “Then the big teams would have to lay off about two to three hundred employees”

Christian Horner fears mass layoffs if Formula 1 does nothing against rising inflation. This inflation increases the costs of the Formula 1 teams, but it has not been taken into account in the budget ceiling. As a result, the Red Bull Racing team manager believes that the only solution for the major teams will soon be to send a large portion of the team home to meet the 2022 financial requirements.

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“We have six months to deal with this, and we have to act now,” the Englishman confirmed in an interview. Sky Sports F1† He adds, “I think the big teams will have to lay off about two to three hundred employees to get close to the current limit, right?” As it stands, Red Bull should have significant layoffs without adjusting for inflation.

In addition, Horner fears the future of the budget cap plan. Teams are allowed to spend a maximum of $140 million (€133 million, editor) this year in an effort to make the sport more profitable for all participants. Horner fears that if the budget cap now causes big problems, it won’t happen again: “If the budget cap fails, we will lose it forever. Nor do we want the championship to be decided in court or at the FIA.”

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