The soaring cost of transporting freight around the world will hit all Formula 1 teams equally, Haas team principal Guenther Steiner has said.
F1 teams send up to 50 tons of freight worldwide per year. However shipping costs rose sharply last year due to the pandemic, while British teams faced added complications due to the country’s withdrawal from the European Union.
Russia’s invasion of Ukraine earlier this year has further contributed to rising costs of transportation. This presents an added challenge for teams, whose spending is restricted by F1’s budget cap.
“It’s going up and every time you speak about it, it’s getting higher,” said Steiner in response to a question from RaceFans. “So at some stage we need to get into real numbers.
“Obviously these things you just have to manage as they come along. Everybody is faced with the same issue so I think it’s a problem for everybody. Nobody’s got a disadvantage as long as everybody gets the increase, which…