Teams can receive additional payments

In Formula 1, the search for a compromise on budget constraints continues. In 2022, each team has the right to spend no more than 140 million dollars, but representatives of the leading teams are pushing for an increase in this amount due to high inflation.

For their part, Alpine, Alfa Romeo, Williams, whose costs are already under $140 million, are opposing the increase in budgets, believing that the rivals will spend extra money on finalizing the cars and thereby gain an advantage. achieve.

The German Auto Motor und Sport writes about a possible compromise that is potentially suitable for all parties. The essence of the proposal is that the owners of Liberty Media’s Formula 1 will pay all teams the same amount that can be spent above the budget cap. About how much we are talking – the data varies. Some sources say $3 million, others say 3% of the current limit, i.е. $4.2 million

However, this financial aid will not be free. It is assumed that the money will be taken from the total prize money, which will be distributed among the teams at the end of the season. In this case, it will hit the richer teams harder as the champions receive 14.5% of the total prize money, while the team that finished tenth in the Constructors’ Championship only 7%.

The final decision has not yet been made, and Liberty Media cautiously commented: “We are considering the proposal because it concerns the distribution of our money.”

Source: F1 News

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