BMW in favour of budget caps

BMW motorsport chief Mario Theissen says he is in favour of introducing budgets caps to reduce costs in Formula One

BMW in favour of budget caps

"Cost reduction certainly is desirable, we support that and have always supported that, and the idea of a budget cap I think it looks at a first glance quite attractive," said Theissen during the launch of BMW's new car in Munich.

"We should at least spend some time on evaluating how it could work - what would be the cap, what would be included and how to police it. I would certainly prefer a budget cap over a limitation in specific areas."

Theissen's comments come after a team principals meeting last week, when teams accepted calls from the sport's governing body, the FIA, to further cut costs in the sport.

In the Paris meeting, most teams showed support for the introduction of budget caps, which would be set at around the $120 million dollar mark.

Theissen said, however, that limiting wind tunnel use would not be the best solution to reduce costs.

"I think for various reasons it would not be the ideal approach," he said. "Firstly it would not be fair because all the different teams come from different baselines. Secondly it's almost impossible to police and thirdly I think the challenge is to spend our resource where you get the most performance.

"If some team decides to spend a lot of money on drivers, it should be possible that another team spends a lot of money on a computer.

"And then on top of that, if you really want to limit the use of expensive tools you should start with tools that are not common in F1, not with a tool that is already there with every team."

shares
comments
Technical analysis of the BMW F1.08
Previous article

Technical analysis of the BMW F1.08

Next article

Theissen says drivers ready to win

Theissen says drivers ready to win
The difference between Mercedes’ stumble and the fall of F1 giants Plus

The difference between Mercedes’ stumble and the fall of F1 giants

OPINION: Mercedes endured its worst season of the hybrid Formula 1 era, but was mercifully spared its first winless campaign in over a decade late on. It has owned up to the mistakes it made which led to its troubled W13. And while its task to return to title-challenging contention is not small, its 2022 season seems more like a blip than the beginning of a downward spiral.

The physical focus bringing out the best of an F1 midfield star Plus

The physical focus bringing out the best of an F1 midfield star

Esteban Ocon likes to point out he’s the first driver since Lewis Hamilton to emerge from a spell as Fernando Alonso’s team-mate with a superior overall points record. While some may disagree, as LUKE SMITH discovered, the 2021 Hungarian GP winner reckons it’s not just luck which has made him France’s pre-eminent Formula 1 driver of the moment…

Formula 1
Nov 28, 2022
How Red Bull's dynamic leader shaped its F1 philosophy Plus

How Red Bull's dynamic leader shaped its F1 philosophy

The death of Dietrich Mateschitz last month has not only deprived Red Bull of its visionary founder, it has shorn Formula 1 of one of its most influential benefactors. Mateschitz himself was famously media-shy, preferring to let the brand do the talking on his behalf. And, while it’s now normal to speak of Red Bull F1 titles and champions made, Mateschitz never assumed it would be easy or even possible – as ANTHONY ROWLINSON discovered during this previously unpublished interview from 2006…

Formula 1
Nov 27, 2022
Can Mercedes break Formula 1's cycle of doom? Plus

Can Mercedes break Formula 1's cycle of doom?

OPINION: Teams that have dominated for long periods throughout Formula 1's history often take years to get back to the top of the tree once they've slipped down. But it remains to be seen whether the same will happen to Mercedes after a challenging 2022 season

Formula 1
Nov 24, 2022
What hurt Perez most in his ill-fated fight for second in Abu Dhabi Plus

What hurt Perez most in his ill-fated fight for second in Abu Dhabi

Arguably the favourite in the battle to finish second best in 2022's Formula 1 standings, Sergio Perez's two-stop strategy at Abu Dhabi couldn't take him ahead of Charles Leclerc when the music stopped - and several key factors ultimately precluded him from the much-coveted runner-up spot

Formula 1
Nov 23, 2022
The Abu Dhabi momentum that can propel Leclerc and Ferrari to F1 2023 success Plus

The Abu Dhabi momentum that can propel Leclerc and Ferrari to F1 2023 success

OPINION: Charles Leclerc achieved his target of sealing runner-up in the 2022 world championship with a masterful drive behind Max Verstappen in Abu Dhabi. And that race contained key elements that may help him, and Ferrari, go one better in Formula 1 2023

Formula 1
Nov 22, 2022
How Verstappen's record-breaking 2022 season compares to the F1 greats Plus

How Verstappen's record-breaking 2022 season compares to the F1 greats

The 2022 Formula 1 season will be remembered as a record book rewriting Max Verstappen masterclass, a completely different challenge to his maiden world championship last year, and a clear sign he is still raising his own level. But where does it stack up against the all-time great F1 campaigns?

Formula 1
Nov 22, 2022
Abu Dhabi Grand Prix Driver Ratings Plus

Abu Dhabi Grand Prix Driver Ratings

The 2022 Formula 1 season came to a close at the Yas Marina Circuit, where the battle for second in the standings was decided, the wins in a season record extended and a retiring four-time world champion bowed out on a high. Here's how we rated the drivers

Formula 1
Nov 21, 2022