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Steiner: 'The budget cap will hopefully attract new teams'
The Formula 1 teams have agreed to a budget cap that will need to be reduced a little further in the coming years. As a result, the large teams in particular should cut costs where the smaller teams have a better chance of getting closer to the top. The budget cap should also be a motivating factor for new parties to enter Formula 1, says Haas team boss Guenther Steiner at Sky Sports F1. New teams "For teams coming in, when a budget cap is discussed, there are always some people out there which think they can make money with it. It's still a very expensive sport. You still need to invest a lot of money to get somewhere", Steiner wants to indicate that it might not be...
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4y ago from GPBlog.com
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