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Steiner: F1 can’t just open up budget cap for big teams

F1’s $145 million cost cap has come under increased pressure due to the rising inflation and energy prices as a result of Russia’s invasion of Ukraine.
Freight and electricity costs has nearly tripled compared to last year, which according to Mercedes team boss Wolff has cost its team an additional eight million pounds.
That means F1’s biggest teams have a problem on their hands to meet the …Keep reading