The risk the big F1 teams face with the updated cost cap

It would be understandable if fans were left bemused by the ongoing saga of team bosses arguing about a few million here and there.

After all, this sport is supposed to be about the battle between drivers on track, and between the clever people who design and run their cars. It was never meant to be a contest between accountants.

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.

Had it not been introduced, more than one team could have been lost in the last couple of years. Instead, investors have been scrambling to become involved in the sport.

“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.

Source: https://www.motorsport.com/f1/news/the-risk-the-big-f1-teams-face-with-the-updated-cost-cap/10339743/