The budget cap was increased due to the amount of inflation happening this year. The financial regulations increased it by 3.1%, allowing teams an extra $1.2 million on top of the existing $140 million.
“Probably this is the hardest year to catch up because you can’t spend money.”
Krack wary of tracks to come
Aston Martin team principal Mike Krack admits that the team are cautious when planning around the budget cap. The 50-year-old says the team cannot “plan to the last penny” as accidents on track could occur, costing the team money for repairs.
Singapore and Japan are the next to places Formula 1 will travel to. Both tracks are very technical and require lots of downforce on the car, with both tracks having plenty of corners where a driver could lose the car easily:
“We are very fortunate that we did not have much, but we have Singapore and Suzuka to come and these are always races where it can be potentially expensive.
“So we are we are okay, but not comfortable.”
Feature Image Credit: Stefano Guidi/Getty Images
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