McLaren’s boss Andreas Seidl has warned that Formula 1’s top three teams will still hold an advantage during the early years of the next regulatory cycle. Formula 1 chiefs are finalising an overhaul of the sporting and technical regulations, including the introduction of a phased-in budget cap, in a bid to create a fairer playing field. Only Mercedes, Ferrari and Red Bull have won races in Formula 1’s hybrid era while Toro Rosso’s podium in Germany is the sole top three finish by a midfield team in 2019. A budget cap of $175m is set to be implemented from 2021, ahead of a gradual sliding scale, prompting suggestions that leading teams will be able to spend...
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