sport news F1: Red Bull's Christian Horner warns F1 teams may miss races over budget cap trends now
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Red Bull team principal Christian Horner has warned that as many as seven teams could be forced to miss races this season if Formula One does not increase its budget cap.
Horner's doomsday prediction comes amid escalating costs due to inflation and he is urging the governing FIA to show a 'duty of care' by showing flexibility with a cap increase.
The sport's annual budget cap was brought in in 2021, at £115m, and has fallen to £111m for this season.
Christian Horner has been vocal about his issues with the size of Formula One's budget cap
All 10 teams are not permitted to go and spend more than £111million across the 2022 season
But across this 22-race season, Horner has warned the current economic climate means abstaining from certain races may be the only way for some teams to fall inside that cap for the remainder of the 2022 campaign.
'Seven of the teams would probably need to miss the last four races to come within the cap this year,' he said, as per BBC Sport.
'It's not just about the big teams. It's teams in the middle of the