F1 News, Reports and Race Results

Horner predicting record costs for Red Bull in 2020

Red Bull team boss Christian Horner says next season's campaign coupled with the costs required to prepare for F1's 2021 regulation changes will lead to the most expensive year in the outfit's history.

F1 teams will enjoy a free rein in terms of investment in 2020, a year before the sport ushers in its regulatory budget cap, and top teams are expected to spend lavishly on the design and development of their new-spec 2021 contenders, even though certain development restrictions - such as wind tunnel time - will apply.

Horner says the additional spending linked to F1's future transformation is inevitable, with the Milton Keynes-based outfit already allocating resources to its 2021 programme.

"For me, I stand by what I said previously," Horner said. "It would have been better to have introduced the cap first and then the regulations a year down the line, because then the budget cap would have constrained the amount of spend.

"Next year looks to be our most expensive ever year in F1.

"Now the 2021 regulations are clear, we have an advanced team starting to investigate those regulations," he said.

"It makes it an incredibly expensive year because we are developing under two types of regs and before the new financial cap comes in as well.

"So, 2020 will be an expensive and busy year, certainly off track and on track."

McLaren F1 boss Zak Brown, whose team is currently leading the midfield battle with two races to go, fears the top teams' financial power in 2020 will provide them with an edge in 2021.

"This is going to be a journey, the cost cap," Brown said. "There will be a lot of spending in ’20 that will have implications for ’21.

"And of course once you get a head start when you see regulations, whether it’s on the power unit front, stability over time tends to bring things together.

"So, I think Ferrari and Mercedes are in a great position and we’re all trying to catch up and it will take some time."

Claire Williams agrees that next year's development plans for 2021 will favour the big teams, but Williams' deputy team principal sees convergence down the road.

"For teams like ours, for Alfa, for Haas, they’re operating on considerably less budget than the rest of the grid," Williasm noted.

"It’s a really difficult piece of work at the moment to try to marry up the programmes we are running for not just this year but for next year and ’21.

"There’s clearly going to need to be some convergence, which I’m sure we will see – we’ve got stability on these regulations for five years from ’21 and beyond.

"It is difficult. It is incredibly difficult. But these regulations, particularly as I said earlier, the financial regulations that we are seeing, are the right things for teams like ours that are truly independent and rely solely on sponsorship."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

Recent Posts

Formula 1 revenue tops $500 million in first quarter 2024

Formula 1's financial health is looking increasingly strong following its Q1 2024 results which registered…

24 mins ago

Miami GP sets record US TV viewership for Formula 1

Formula 1's popularity in the United States continues to surge, with last weekend’s Miami Grand…

1 hour ago

McLaren: Piastri in ‘a very strong place’ after Miami display

Oscar Piastri had little to show for his efforts in last Sunday's Miami Grand Prix,…

2 hours ago

There’s a new top dog in the F1 paddock

Charles Leclerc has added a new member to his traveling squad, one that the Ferrari…

4 hours ago

Memories of Gilles still race on...

It's hard to believe, but it's been 42 years since Formula 1 lost one of…

5 hours ago

Tsunoda: Miami points haul reflects RB ‘crazy progress'

Sister Red Bull outfit RB doubled in Miami its best weekend points tally in 2024,…

6 hours ago