Horner: Liberty Media to put "thousands of jobs" at risk with budget cap

Red Bull boss Christian Horner insists “thousands of jobs” will be put at risk if Liberty Media introduce their proposed budget cap in 2021. When the first look 2021 regulations were revealed, a $150 million budget cap was highlighted.

Horner suggested top teams will have to cut jobs and demonstrated how it won’t look good for the sport.

“I think they’re gathering feedback at the moment and the more things that they look at the more questions it raises,” said Horner in an interview with Race fans.

Liberty media may just have to find a way of limiting job losses before they can introduce the budget cap.