31
Jan
2024
Backmarker “threat” shows F1’s cost cap is working
Grand Prix teams have operated under budget cap regulations since the start of the 2021 season, with F1 chiefs having introduced the rules in a bid to stop the kind of spending war that risked the grid’s long-term sustainability.
While it has been a challenge for the top spenders to stay under the limit, with Red Bull famously having broken the cap in 2021, there is a consensus that it has properly levelled the playing field.
McLaren CEO Zak…