Red Bull warns of “race to the bottom” with salaries under F1 cost cap

He cautioned that teams should be wary of trying to replace experienced team members with cheaper personnel in order to stay within the cap.

The cost cap excludes the salaries of each team’s top three employees – typically the team principal and technical director plus one other – and includes everyone else with a direct involvement in the design, manufacturing and operation of the cars.

Several teams have moved senior technical people out of F1 operations and…