Now that Formula 1 has hit the August break, the time is right to take a look at each team's performance.
Sometimes, a break is good to give teams a chance to recharge and think outside the box. It will be interesting to see who is able to make progress for the next race at Spa.
In the meantime, here are my ratings for how each team has performed relative to its estimated budget (which includes provision for engine payments, even for those teams that are full works operations).