Mercedes using financial engineers to analyse value of every F1 car part

F1’s financial regulations installed a team cost cap in 2021 which has been lowered and set at $140m for 2022, with $1.2m added for having more than 21 races per season plus extra costs allowed for sprint races.

The team cost cap has primarily pinched the spending of the three biggest squads – Mercedes, Ferrari and Red Bull – while all F1 teams have needed to keep control of spending to avoid potential penalties if they overspend.

In order to keep a tight focus…