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Guenther Steiner counsels Red Bull on budget cap concerns: 'Start saving money, now!'

Haas F1 team principal Guenther Steiner believes Red Bull boss Christian Horner better start saving, lest the team blow their budget cap.

Should any team get too close to the $140 million budget cap, they risk not participating in the final races, which would be disastrous for their title hopes and sponsors. Russia's invasion of Ukraine has led to unforeseen rising costs, leading to many teams arguing for the cap to be increased.

Asked if he had any advice for Horner, Steiner warned that he shouldn't fly too close to the sun.

"You need to start [saving] because there are still six months to go," said the Haas boss. "If you cannot save money for the last four races, then start saving money now. That's business. If they don't do the last four races, there are nine teams very happy about it because they won't get any more [championship revenue] next year, and we can divide it.

"So we are happy people, and for sure, Ferrari will be happy if they're not at the last four races. He [Horner] is saying you cannot make it, but as a businessman, you need to make it at the end of the day. You guys [the media] need to make it. If you guys have a budget but you fly business all year, and then you say, 'Boss, I cannot do the last four races because I've run out of money', what's he going to say?

"'Should you not have flown economy at the beginning of the year?' You need to manage."

Read more on news24.com