The unavoidable consequence of F1's budget cap
Formula 1's push to implement a cost cap is commendable because it attempts to level the playing field, but the timing of its introduction could lock in the current competitive order for years to come
Last week, after a debate that has raged on and off for over a decade, Formula 1 teams received a draft of the 2021 FIA financial regulations which will sit alongside the new technical and sporting rules.
It signals a huge change for the championship, and one that has been resisted for years because the consensus was that spending by teams would be impossible to police. And yet a cost cap, pegged at $175million, is finally becoming a reality.
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