FIA not oblivious to downside of F1 cost cap

FIA not oblivious to downside of F1 cost cap - Tombazis ...Middle East

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Formula 1’s cost cap has undoubtedly tightened the competition, but the FIA recognizes that it has also hindered struggling teams from quickly regaining competitiveness. The cost cap – which was set this year at $135 million per team – has effectively curbed the financial advantages of the sport's wealthiest teams. Before the financial constraint was introduced in 2021, F1’s big teams could simply spend their way out of a design error or development misstep. Now, teams need to think twice before they invest in a major upgrade or overhaul in a bid to rectify an unforeseen performance issue as financial resources are finite. While these regulations have leveled the playing field and led to clo

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FIA not oblivious to downside of F1 cost cap - Tombazis ...Middle East

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