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F1: Budget cap brain drain?
Adrian Newey reveals that a side effect of the budget cap is that people are leaving the sport for better paid jobs elsewhere, even other motorsport disciplines. First introduced in 2021, after many, many years of trying, the cap is intended to prevent 'spending wars' and level the playing field. While there are a number of exemptions, including the three highest paid staff on the payroll, this means that for the remaining staff pay is effectively frozen, especially if a team seeks to move up the grid. As a result teams are not only finding it hard to recruit staff but also to retain those they already have. 'There needs to be a way of controlling the cost for teams, or certainly the...
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