'Single most important' F1 cost cap process not in place

Mercedes and Red Bull believe Formula 1's impending cost cap and technical rules will need significant resources to be properly policed and avoid being a futile endeavour

'Single most important' F1 cost cap process not in place

From 2021, all teams will have to adhere to a cost cap of $175m, considerably lower than F1's biggest outfits are currently spending.

The figure will exclude certain high-cost elements like engine spending and driver salaries, and run from 2021 to 2025, with a trial run planned for next season to see how policing the rules would work.

However, Mercedes boss Toto Wolff believes the newly-created 'financial regulations' - which are set to be published alongside the sporting and technical rules at the end of October - "need more input".

Wolff supports a rejected proposal to delay the sporting and technical rules to 2022 with the cost cap still implemented in 2021, before teams have to build cars to new regulations.

He said that would be the only way to split the introduction of the new rules because the details around how the budget cap will be enforced are too immature for it to be brought forward to 2020.

"The single most important factor is the auditing and policing process," he said.

"None of that is in place for 2020. If you can't police it in the right way it makes no sense to implement the rule.

"We need to see a ramp up in resource in the way things are being policed on the financial side and on the technical side.

"This is something we need to address.

"The idea of pushing it one year out looks logical and strategically well thought through, but didn't gain the traction or trigger enough appetite with the ones that decide."

Red Bull team boss Christian Horner, another advocate of the idea to bring the cost cap in before the other rules, said the sporting side of the overhaul was the "easiest" to finalise.

However, he believes the technical and financial rules will require much more work before they are fit for purpose.

"The technical regulations are immature and there are still a large amount of questions being raised so I think what's getting published will be inevitable technical directives and refinements before we actually get to the 2021 season," said Horner.

"Likewise with the financial regulations, there's never been a policed budget cap in F1 previously.

"Having the tools and the infrastructure to police all the different corporate entities that exist, and subsidiaries etc., is no small undertaking.

"It's a very complex business and everybody's structure is different.

"There is a lot of ground to cover and even though regulations will come out on the 31st there will still be financial directives and technical directives.

"We'll see adjustments happen before we get to 2021."

shares
comments
Williams believes it is on a par with Haas at the Mexican GP

Previous article

Williams believes it is on a par with Haas at the Mexican GP

Next article

A new way to experience Silverstone

A new way to experience Silverstone
Load comments
Verstappen exclusive: How Red Bull’s ace has become F1 champion material Plus

Verstappen exclusive: How Red Bull’s ace has become F1 champion material

As Red Bull and Honda go all-out for victory in the Japanese engine manufacturer’s last season of its latest Formula 1 dalliance, Max Verstappen finds himself thrust into a compelling title fight with Lewis Hamilton. He told OLEG KARPOV about his evolution into a world championship contender and why Red Bull's no compromise ethos suits him down to the ground

How Mercedes went from Austin practice domination to "very tight at the front" with Red Bull Plus

How Mercedes went from Austin practice domination to "very tight at the front" with Red Bull

Mercedes has been on a roll of late in the ultra-tight fight to win the 2021 Formula 1 world championship. It started off well in practice at Austin for this weekend’s US Grand Prix, but Red Bull got closer as Friday unfolded and even seemed to find an edge in one critical area of what seems set to be another close contest

The six critical factors that could hand F1 2021 glory to Hamilton or Verstappen Plus

The six critical factors that could hand F1 2021 glory to Hamilton or Verstappen

The 2021 Formula 1 title battle is finely poised with six races remaining, as just six points separate championship leader Max Verstappen from seven-time champion Lewis Hamilton. In such a closely-fought season, the outcome could hinge on several small factors playing the way of Red Bull or Mercedes

Formula 1
Oct 22, 2021
Can Whitmarsh appointment help Aston succeed where its F1 rivals failed? Plus

Can Whitmarsh appointment help Aston succeed where its F1 rivals failed?

Aston Martin owner Lawrence Stroll is determined to make the group a billion-dollar business. MARK GALLAGHER analyses his latest play – bringing former McLaren team principal Martin Whitmarsh into the fold

Formula 1
Oct 22, 2021
Remembering Switzerland’s first F1 winner Plus

Remembering Switzerland’s first F1 winner

Stepping up to F1 in 1962, Jo Siffert shone with Rob Walker Racing Team and BRM before his career was abruptly ended in a fatal crash at Brands Hatch in 1971. On the 50th anniversary of his death, Autosport recalls the career of an F1 and sportscar ace gone before his time

Formula 1
Oct 21, 2021
What Verstappen is risking with his current stance on 2021 F1 world title defeat Plus

What Verstappen is risking with his current stance on 2021 F1 world title defeat

OPINION: Max Verstappen is back in the lead of the 2021 Formula 1 drivers’ championship, with the season’s final flyaway events set to get underway in the USA this weekend. But a defensive stance he’s recently adopted could have a lasting impact for the Red Bull driver when it comes to his chances of defeating Lewis Hamilton and Mercedes

Formula 1
Oct 21, 2021
The hidden Ferrari struggle that Sainz’s recent charge put to rest Plus

The hidden Ferrari struggle that Sainz’s recent charge put to rest

Despite appearing to adjust to life as a Ferrari driver with relative ease, it was far from straightforward under the surface for Carlos Sainz Jr. But, having made breakthroughs in rather different routes at the Russian and Turkish races, he’s now targeting even greater feats for the rest of the Formula 1 season

Formula 1
Oct 20, 2021
The final throes of Brazil's fleetingly successful F1 team Plus

The final throes of Brazil's fleetingly successful F1 team

Emerson Fittipaldi is better remembered for his Formula 1 world championships and Indianapolis 500 successes than for the spell running his eponymous F1 team. Despite a hugely talented roll call of staff, it was a period of internal strife, limited funding and few results - as remembered by Autosport's technical consultant

Formula 1
Oct 18, 2021