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Why the demise of F1's hypocritical spending habit is cause for celebration

For too long, F1's richest teams have justified being able to spend as much as they want because that's the way they've always conducted their business. STUART CODLING says that's no reason not to kick a bad habit

Many years ago – 2007 in fact – I was sent to grill the team principal of one of the big-name manufacturer outfits (long since gone) for an entry in GP Racing’s 'Long Interview' series. The conversation came round to budget caps which were, as now, among the issues being hotly debated within the lofty inner circle of Formula 1’s powermongers.

“It will never happen,” he said dismissively, waving the question away as if he were enjoying a coffee outside a Parisian bistro and I were a street urchin attempting to sell him clothes pegs or somesuch. “Too difficult to police, I think.”

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