The FIA and F1 teams finally agreed on a compromise for the cost cap, but the big players found it was not enough, and they still face the risk of overspending not knowing what the punishment for that would be. Analysis:
It would be understandable if fans were left bemused by the ongoing saga of team bosses arguing about a few million here and there.
However, we mustn't lose sight of the big picture. F1 is in a healthy situation at the moment in large part because there is a cost cap, and thus there is a lid on total spending that reins in the biggest players. "The argument is that F1 is now too cheap," says Alfa Romeo's Fred Vasseur."For me, this one is completely wrong, because I think F1 is in a good shape because we have the cost cap.
"At the end of the day, I think as F1 we were quite close to the deep shit two or three years ago. We were really on the edge to lose three teams."Photo by: Mark Sutton /It thus has to be accepted that F1's financial regulations now carry as much weight as their sporting and technical equivalents, and that breaking them has to result in some form of punishment.
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