F1 bosses are set to discuss cost cap changes aimed at helping smaller squads catch up 🪙 Full story ⬇️
Formula 1 chiefs are lined up for discussions with teams about potential changes to the cost cap rules to help smaller squads catch up, Autosport has learned.While the introduction of a cost cap since the start of 2021 is widely viewed as having been a success in closing up the field, there are some areas where its scope is felt to be too restrictive.
While teams can build new factories, and a specific exemption has been allowed in the cost cap rules for new wind tunnels, any other investment needed to improve equipment has to be included in the generic cost cap limit that teams battle to stay under. Autosport understands that the matter was discussed at the most recent Formula 1 Commission meeting, withteam boss James Vowles particularly keen for there to be changes to the rules in this area.
Vowles said that one of the surprises he found when joining Williams was that it lacked a number of systems that are found at bigger squads – and which cannot be upgraded without it eating in to the yearly cost cap allowance. “As a result of that, what impresses me is that before I joined, they've built the car you see in front of you, 15,000 pieces coming together fitting, working, and seemingly going around the track fairly quickly. That's an incredible accomplishment.
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