McLaren CEO Zak Brown has lauded the 'crucially important' FIA approved Formula 1 regulation changes. Brown had been among the loudest voices for a cost cap of as low as $100 million. A compromise of $145m, down from $175m has been given the rubber stamp and Brown has nothing but praise for the FIA. “Formula 1 wins today," said Brown. "This is a crucially important moment for our sport. F1 has been financially unsustainable for some time, and inaction would have risked the future of F1 and its participants, who are to be commended for resolving this issue collectively and determinedly. “A uniform budget cap, in concert with more even distribution of revenue among the teams,...
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