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New Formula 1 bosses target budget cap
A budget cap is one of the areas being explored by the new owners of F1 as they try put together a long-term strategy for the sport. Capping expenditure by teams has been tried several times in the past, but while some cost saving areas have been addressed – such as restrictions on testing and the number of personnel at races – the bigger concept of an overall budget cap has always been rejected by the big players. Naturally they want to maintain their competitive advantage, while insisting that it would be impossible to police a cap, particularly with regard to manufacturer-owned teams who have access to wider resources. However, new F1 managing director Ross Brawn has made it clear...
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8y ago from Motorsport.com
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