Red Bull team principal Christian Horner has reiterated his opposition to placing a cap on teams’ spending in Formula One.
During the Malaysian Grand Prix weekend Horner said “We have been talking about a budget cap for about five years now. The hardest thing in the world is to police what a company spends”.
The idea of a budget cap in F1 was first raised by former FIA president Max Mosley in 2008. He attempted to introduce on in 2010 but the plan was scrapped amid objections from the teams.
The teams imposed spending limits of their own through a Resource Restriction Agreement agreed by them within the Formula One Teams’ Association (FOTA). But Red Bull and Ferrari left FOTA at the end of 2011 as they failed to reach agreement on how to apply the RRA.
Horner remains convinced the RRA is unworkable, describing it as “fundamentally flawed” at the last race.
He said it was impossible to place a limit on spending at teams and enforce it because “Ferrari operates in a completely different way to McLaren or Mercedes or Red Bull.”
“The best way to control costs is through stable regulations. For example the biggest impact on Sauber’s costs next year will be a change of regulations with the drive train, so really the most sensible way to contain costs are stable, clear and concise regulations – both sporting and technical.”
Juncos Racing continued to bolster its entries in the Pro Mazda Championship Presented by Cooper Tires by signing Carlos Cunha to pilot a third Juncos Pro Mazda entry for 2018. Cunha, who finished third in the 2017 Cooper Tires USF2000 Championship Powered by Mazda season on the back of seven podium finishes, joins Rinus VeeKay and Robert Megennis in Juncos’ Pro Mazda lineup for 2018.
Cunha previously tested with the team at Mid-Ohio Sports Car Course in October and joined Juncos for the Chris Griffis Memorial test at the Indianapolis Motor Speedway in November, testing cars for both the Pro Mazda and Indy Lights Presented by Cooper Tires teams.
“It’s great to become a part of Juncos Racing,” said the 18-year-old Cunha. “I am really excited to start the 2018 season with Juncos Racing. This fall we did some testing together and from there I was able to see how focused everyone on the team is and I even felt like I became a part of their family in no time. I am confident we will get great results together next year and I look forward to learning and growing more with the team. It will be a huge pleasure and also a great responsibility to carry the number one on my car, thanks to (2017 Pro Mazda champion Victor Franzoni) and I hope to deliver it back to the team at the end of the year!”
Team owner Ricardo Juncos added, “We are excited to add Carlos to our Pro Mazda lineup. From the moment we started testing with him in early October, we knew he would be a great fit for our team. Carlos has been very quick in testing and even had an impressive showing in the Indy Lights car at the Chris Griffis test back in October. He had a great run this past season in the Pro Mazda series and we are confident he will carry that momentum into the 2018 season.”