No easy solution to F1 salary cap debate

F1 launched its first team budget cap in 2021 after a big push by the FIA and the commercial rights holder to make the series more financially sustainable.

Teams were limited to spending $145 million under the budget cap last year before the figure was cut to $140m for the current season. It will fall by a further $5m next year, although there is an ongoing debate between teams about the impact of inflation and the current global climate.

This figure has a number of…