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Racing Point: Big spending teams are dinosaurs
Formula 1's newly ratified 2021 regulations will make the top teams 'dinosaurs', that's according to Racing Point technical director Andrew Green. Next season Formula 1 will be working under a budget cap, and a greatly reduced one at that. While the team bosses initially agreed to a limit of $175 million, Formula 1's extended hiatus forced them to re-evaluate. On Tuesday, the World Motor Sport Council ratified a cap of $145m for 2021 which will fall to $130m by 2023. Green believes it will play to the strengths of Formula 1's smaller teams who are used to operating with limited resources. Asked by Formula 1's Beyond the Grid podcast if a team needed to employ around ‘800 people' to...
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3y ago from PlanetF1.com
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