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2021 budget cap will not have immediate impact

Listen to the likes of Claire Williams and Zak Brown, and one would begin to believe that all Chase Carey has to do is wave his magic wand in 2020, introduce a budget cap and equally divide the prize pot and Formula One will witness a new golden age with ten or more teams all vying for race wins and the title. Putting aside the facts that the post-2020 plans have yet to be presented in full, far less agreed to, the fact is that it would be several seasons before the budget cap has an effect. 'Even if you introduce a cost cap in '21 it doesn't matter,' admits Sauber's Fred Vasseur, 'I think that they (the bigger teams) invested so much on the technical side that it will be quite impossible...
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