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Steiner wants decision on F1 cost cap by mid-2018

Haas Formula 1 chief Günther Steiner wants Liberty Media to provide details on plans for a cost cap in the series by the middle of next year in order to allow the team to move forward with its recruitment process or restructure. Haas entered F1 in 2016 as a start-up team prior to Liberty’s takeover of the series and the resumption of talk over a cost cap, known to be high on the agenda in a bid to create a more level playing field. Haas is currently looking to expand and grow as a team now it has two seasons in F1, but Steiner said it was hard to make decisions on recruitment if a cost cap would ultimately limit budget or personnel numbers. Related Articles Debate of the Day: Is the new...
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