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RED BULL team principal Christian Horner has warned a host of F1 teams could be forced to MISS the final four races of the season unless the budget cap is increased.The current budget stands at £111million – £4m lower than last year and £18m lower than before the Covid pandemic.
Horner fears teams could be forced to miss races due to the capCredit: Getty
And Horner feels the FIA need to do something about it due to the recent rise in costs – particularly air freight which has risen by 50 per cent.
Speaking to BBC Sport, the F1 boss said: “Seven of the teams would probably need to miss the last four races to come within the cap this year.
“It’s not just about the big teams. It’s teams in the middle of the field who are really struggling with inflationary issues.
“The FIA has a duty of care. I know they are taking it seriously.
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Sun;font-size:18px;line-height:1.333;font-weight:700;letter-spacing:0%;font-stretch:normal;display:inline;}.css-bq4915:hover:not(:disabled){-webkit-text-decoration:none;text-decoration:none;}LEW GOT THIS .css-8h3gc3{margin:0;padding:0;color:rgba(34,37,38,1);-webkit-text-decoration:none;text-decoration:none;font-family:The Sun;font-size:18px;line-height:1.333;font-weight:700;letter-spacing:0%;font-stretch:normal;display:inline;}.css-8h3gc3:hover:not(:disabled){-webkit-text-decoration:none;text-decoration:none;}Hamilton’s title chances at Merc NOT over after Spanish GP hope, says Wolff
“Energy bills, costs of living, costs are going exponentially, and F1 is not exempt.
“Freight has quadrupled and that’s not something we can control.”
Ferrari, Mercedes and McLaren all agree with Horner that the budget needs to be increased.
However, Alfa Romeo, Alpine, Haas and Williams voted against the proposal.

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Alpine team principal Otmar Szafnauer said: “We’ve set our budgets early, we kind of anticipated a little bit of the inflation.
“Inflation didn’t just creep up on us. If we can do it, for sure others can do it too. I’m not for just increasing the cap.
“When freight costs go up by 2.5m or 3.5m but your development budget is 20m, can you not make your development budget 17m and still be under the cap? You can.
“What that then does is it limits your development. So it’s a lot easier, if you have the money, to go to the FIA and lobby to raise the cap and keep your development budget the same.”
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🏁 F1 2022 calendar: practice times, dates and racetrack info

There are not clear rules behind what the punishment would be for teams that exceed the budget limit, but there is a chance they could be disqualified from the championship altogether.
It is being reported that a compromise may be for teams to overspend by five per cent – a rule break which would only be considered a minor offence. More

FORMULA ONE heads to Monaco this weekend but there is a distinct feeling this once jewel-in-the-crown event has lost some of its lustre.The race in Monte Carlo has always been known for the glitz, the celebrities and the nostalgia, but behind the scenes it was actually the place where all the big money deals were done.
The Monte Carlo GP is at very real risk of being axed by F1 owners Liberty MediaCredit: Getty
Lewis Hamilton and Co may not be racing around the iconic Monaco track for much longerCredit: Reuters
Sponsors loved it and so too did the teams as it gave them their networking opportunities in such an opulent setting.
Multi-million dollar contracts were agreed over dinner at the Café de Paris and so, F1 always retained the race on the calendar, despite the track being out-dated and frequently responsible for producing boring races.
It remained simply because it was Monaco.
But the landscape in F1 has changed a lot in a short space of time under owners, Liberty Media.
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STORIES.css-1gojmfd{margin-bottom:16px;}.css-gmec1d{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;height:auto;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-align-content:center;-ms-flex-line-pack:center;align-content:center;-webkit-box-flex-wrap:nowrap;-webkit-flex-wrap:nowrap;-ms-flex-wrap:nowrap;flex-wrap:nowrap;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;justify-content:flex-start;margin-left:calc(-20px/2);margin-right:calc(-20px/2);}.css-fh9577{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;margin-left:calc(20px/2);margin-right:calc(20px/2);}.css-65fvqt{max-width:302px;max-height:294px;}.css-h98a3b{box-sizing:border-box;overflow:hidden;background-color:rgba(236,245,247,1);-webkit-text-decoration:none;text-decoration:none;position:relative;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;max-width:302px;max-height:294px;}.css-bk55po{box-sizing:border-box;display:block;position:relative;margin-bottom:0;}.css-1shocxe{box-sizing:border-box;}.css-1a2irou{box-sizing:border-box;padding:0;}.css-1a2irou 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.nk-headline-heading{color:rgba(71,30,121,1);}.css-1uyse24:before{content:”;top:0;right:0;bottom:0;left:0;overflow:hidden;position:absolute;z-index:1;}.css-xpuujo{border-width:0 1px 1px 1px;border-style:solid;border-color:rgba(149,199,208,1);padding:12px;max-height:104px;min-height:98px;}.css-tqcu81{padding:0;border-width:0 1px 1px 1px;border-style:solid;border-color:rgba(149,199,208,1);padding:12px;max-height:104px;min-height:98px;}.css-124tga5{overflow:hidden;-webkit-line-clamp:3;-webkit-box-orient:vertical;display:-webkit-box;word-wrap:break-word;line-height:1;}.css-5jzxpx{overflow:hidden;-webkit-line-clamp:3;-webkit-box-orient:vertical;display:-webkit-box;word-wrap:break-word;line-height:1;}.css-bq4915{margin:0;padding:0;color:rgba(34,97,108,1);text-transform:uppercase;-webkit-text-decoration:none;text-decoration:none;font-family:The Sun;font-size:18px;line-height:1.333;font-weight:700;letter-spacing:0%;font-stretch:normal;display:inline;}.css-bq4915:hover:not(:disabled){-webkit-text-decoration:none;text-decoration:none;}HOW A-BET THAT? .css-8h3gc3{margin:0;padding:0;color:rgba(34,37,38,1);-webkit-text-decoration:none;text-decoration:none;font-family:The Sun;font-size:18px;line-height:1.333;font-weight:700;letter-spacing:0%;font-stretch:normal;display:inline;}.css-8h3gc3:hover:not(:disabled){-webkit-text-decoration:none;text-decoration:none;}Drake curse strikes again as he puts £186K bet on Leclerc to win Spanish GP
It has become quite clear that Liberty are now earmarking new races for those corporate jollies.
You only need to look back two races to the Miami GP and how that was an F1 trade show, rather than a race, designed to lure in new partnerships and sponsors.
Add into the mix the race in Las Vegas next year, which promises to be a similar event designed not necessarily for fans, but for business opportunities
On top of this, Miami and Vegas have the capacity to welcome those high-flyers, offering them a plentiful choice of hotels and eating establishments.
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SUN BINGO GET £50 BONUS & 50 FREE SPINS TODAY
Monte Carlo cannot do that.
Hemmed in between the south of France and the Mediterranean Sea, I spoke to a senior account manager who looks after one major sponsor.
They said they were struggling to accommodate their guests, with many considering not attending due to the standard of accommodation that was available – basically residents renting out tired apartments for the weekend for ridiculous sums.
The reality is that as F1 enjoys its boom and the demand for tickets, it has now outgrown Monte Carlo, which is now longer fit for purpose.
F1 has physically outgrown the space around the harbour as the motorhomes have grown bigger over the years.
So much so there is a real danger of people toppling over the harbour edge and into the sea.
Monaco’s situation becomes even more precarious when you consider they do not pay any fees to F1 for the rights to host a race.
The likes of Saudi Arabia and Qatar are stumping up $50million each time F1 races there and Monaco’s non-contribution to the coffers at F1 has not gone unnoticed.
With the calendar currently limited to 24 races per year, it is not inconceivable to see the Monaco GP struck off, maybe making a return every other year as part of an agreement with other historic tracks, such as Spa or Imola.
The iconic, historic race in Monaco is potentially at risk of being cut from the calendarCredit: Reuters

SPAINFUL
SPEAKING of falling out of favour, it was a bit of a surprise for F1 to rather publicly criticise the Spanish GP organisers for their poor handling of the event.
Parking was a particular issue leading F1 to take the unprecedented move of naming and shaming.
A statement said: “The huge number of fans at this event both inside and outside the circuit created the traffic issues for the fans.
“We have made the promoter aware that this is not acceptable and must be fixed for next season.”
IN FINE NYCK
CURIOUS timing or a brilliant piece of contingency planning by Mercedes to allow Nyck de Vries to take part in a practice session for Williams in Barcelona?
The Dutchman is the current Formula E world champion and Mercedes reserve driver.
He impressed by beating regular Williams driver Nicolas Latifi.
But why did they allow Williams to borrow him just before the Monaco GP?
Could it be that they fear Lewis Hamilton could be DISQUALIFIED from racing in Monte Carlo due to his piercings, which he won’t remove?
If Hamilton cannot race in Monaco, then surely De Vries, who lives in the principality, will get the nod to replace him.
So perhaps it was good to get him some early practice.
LANDO BLOW
LANDO NORRIS has been diagnosed with tonsillitis and now faces a few days of rest ahead of the Monaco GP.
Luckily, the McLaren driver now lives there, so he will get some extra time in bed and should be fine to race at the weekend.
NEXT STEP FOR JAMIE?
I CAUGHT up with Jamie Chadwick in Barcelona where she won her fifth race in a row in the women-only W Series.
Surely, an F3 or F2 team must offer her a chance soon to show what she can do?
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.nk-headline-heading{color:rgba(71,30,121,1);}.css-1uyse24:before{content:”;top:0;right:0;bottom:0;left:0;overflow:hidden;position:absolute;z-index:1;}.css-xpuujo{border-width:0 1px 1px 1px;border-style:solid;border-color:rgba(149,199,208,1);padding:12px;max-height:104px;min-height:98px;}.css-tqcu81{padding:0;border-width:0 1px 1px 1px;border-style:solid;border-color:rgba(149,199,208,1);padding:12px;max-height:104px;min-height:98px;}.css-124tga5{overflow:hidden;-webkit-line-clamp:3;-webkit-box-orient:vertical;display:-webkit-box;word-wrap:break-word;line-height:1;}.css-5jzxpx{overflow:hidden;-webkit-line-clamp:3;-webkit-box-orient:vertical;display:-webkit-box;word-wrap:break-word;line-height:1;}.css-bq4915{margin:0;padding:0;color:rgba(34,97,108,1);text-transform:uppercase;-webkit-text-decoration:none;text-decoration:none;font-family:The Sun;font-size:18px;line-height:1.333;font-weight:700;letter-spacing:0%;font-stretch:normal;display:inline;}.css-bq4915:hover:not(:disabled){-webkit-text-decoration:none;text-decoration:none;}DOCTOR’S ORDERS .css-8h3gc3{margin:0;padding:0;color:rgba(34,37,38,1);-webkit-text-decoration:none;text-decoration:none;font-family:The Sun;font-size:18px;line-height:1.333;font-weight:700;letter-spacing:0%;font-stretch:normal;display:inline;}.css-8h3gc3:hover:not(:disabled){-webkit-text-decoration:none;text-decoration:none;}I’m a doctor – here’s 4 signs of burnout you must never ignore
REA-L ACHIEVEMENT
JONATHAN REA set a new record for the longest winning career in WorldSBK after his victory in Portugal at the weekend.
Victory in the Tissot Superpole Race on Sunday ensured he now holds the record for the longest time between his first and latest win in the series.
The 35-year-old’s first win in WorldSBK came back at Misano in 2009 and his latest at Estoril means his success has spanned 12 years, 11 months.
That beats the previous record held by Noriyuki Haga by a single day. More

DRAKE has proved he Can’t Have Everything after betting £186,000 on Charles Leclerc to win the Spanish Grand Prix.The Ferrari driving was leading Sunday’s Formula One race comfortably, only to retire on lap 27 due to engine failure.
Musician Drake made a huge bet that Charles Leclerc would win the Spanish Grand PrixCredit: Getty
Drake failed with a £186,000 bet as Max Verstappen won in BarcelonaCredit: Instagram: @champagnepapi
Ferrari ace Leclerc retired on lap 27 due to engine trouble where he was leading the raceCredit: Splash
Red Bull’s Max Verstappen eventually came home in first place to leapfrog Leclerc at the top of the F1 standings after six races.
It proved to be a bitter pill for Canadian rapper Drake to swallow, after he took to his Instagram story prior to the GP to share his bet slip.
In a post that has since been removed, the 35-year-old showed he bet $550,000 CAD (£186k) on Leclerc to win in Barcelona after he started in pole position.
Should the Monegasque driver have won, Drake would have pocketed a cool £446k, but unfortunately it was Money In The Grave for the Laugh Now Cry Later star.
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Sun;font-size:18px;line-height:1.333;font-weight:700;letter-spacing:0%;font-stretch:normal;display:inline;}.css-bq4915:hover:not(:disabled){-webkit-text-decoration:none;text-decoration:none;}STAP IT .css-8h3gc3{margin:0;padding:0;color:rgba(34,37,38,1);-webkit-text-decoration:none;text-decoration:none;font-family:The Sun;font-size:18px;line-height:1.333;font-weight:700;letter-spacing:0%;font-stretch:normal;display:inline;}.css-8h3gc3:hover:not(:disabled){-webkit-text-decoration:none;text-decoration:none;}Verstappen makes most of Leclerc engine KO as Hamilton impresses after horror start
His failed gamble is just the latest of huge bets the four-time Grammy winger has lost, proving the ‘Drake Curse’ is living on.
Drake lost with a mammoth £346k bet after he predicted Justin Gaethje would beat Charles Oliveira at UFC 274, which he didn’t.
That came just two months after he failed with a £223k bet on Masvidal to win his grudge match with former pal Colby Covington.
Drake has proven to be an unlucky charm for a number of high-profile sports stars in recent years, who have posed for pictures with him and then lost.
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And now it appears that Drake betting on an individual will prove costly for whoever he is backing.
Social media was sent into meltdown after his bet on Leclerc came to light, as one fan tweeted: “Bro the Drake curse is REAL, we need to ban this man from F1.”
Another then joked: “The Drake curse made its debut in F1 soon as I saw this I knew to bet against it.”
This person then quipped: “The Drake curse is alive and well.”
One then simply stated: “The Drake curse has evolved.”
Meanwhile another remarked: “Drake actually has a curse. This s*** toooo funny.”
Anthony Joshua was confident of beating the ‘Drake Curse’ before losing against Andy Ruiz Jr in 2019Credit: Refer to Caption
Conor McGregor lost against Khabib Nurmagomedov after taking a picture with DrakeCredit: Getty More