McLaren team principal Andreas Seidl sees the incoming budget cap as the only way Formula 1 can provide equal competition between teams in the future. With F1 bosses confirming a budget cap of $175 million per year will be installed in its rules from 2021, with certain topics omitted from the cap including driver salaries, McLaren has been a vocal backer of the regulations shake-up set to hit the sport. Seidl dismisses the notion the top three teams in F1 are leading purely because of its bigger spending power but sees the budget cap as a vital tool to provide “a level playing field” in the sport’s future and also provide sustainability. “The big teams are not just there because...
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