Inflation, wrong concept switch adds to F1 cost cap headaches

He also admits that the tighter cap will make it hard for a team that discovers it has followed the wrong concept with the new rules to switch direction and produce a substantially modified car during the 2022 season.

This year the cost cap drops from $145m to $140m, forcing the bigger teams to further cut back their staff levels, or allocate people to projects outside F1.

At the same time the latest official level of inflation as measured by the Consumer Prices Index in the…