16
Jun
2023
F1 cost cap changes on infrastructure investment coming in July
F1’s new financial rules have been hailed as a success at reining in spend by bigger teams since they were introduced in 2021, but problems have since emerged – including that teams are strictly limited on capital expenditure.
This means some teams therefore find it difficult to upgrade equipment not given exemptions in the cost cap – such as building whole new factories or establishing new wind tunnels – and the matter was raised at the F1 Commission meeting…