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Formula 1 ready to revise budget cap rules
Since 2021, Formula 1 has been using a budget cap. This should ensure that the starting field should be closer together, only so far this has not really succeeded. Indeed, the current regulations would disadvantage smaller teams. Article continues under ad The budget cap was introduced in 2021 and was $145 million at the time. This just does not include all the costs of F1 teams; there are some exceptions. For example, drivers' salaries and the cost of building a new factory are not included in the budget cap. However, it does include the cost of improving facilities at an existing factory, causing a stir. As a result, teams with good original factories, the big teams, have a huge...
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