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Renault would ‘be up' for a budget cap
Renault would back a cost cap with Bob Bell saying it 'shouldn't cost as much as it does' to be successful in Formula 1. As Formula 1 continues to debate the 2021 regulations, there is a possibility of a cost cap being included in the new rules with a limit of £150 million per team. But while this is about a third of what the likes of Ferrari and Mercedes spend, it is, according to Bell, the only way to ensure that all the teams can survive. 'Renault is in favour of a reduction in the amount of money it costs to go Formula One racing and be successful,' said the Renault chief technical officer. 'At the minute the disparity in cost between the teams, income and expenditure, is huge....
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6y ago from PlanetF1.com
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