How much truth is there in saying money equates to performance in F1, and if any, what does it mean for the sport?
Look, we all know that when you’re playing a game that involves prototypical technologies, and said technologies are whirring around a racetrack at several hundred kilometers per hour, there’s going to a hefty price tag to participate.
Run 2. Bring it on. pic.twitter.com/pJafN8MvSM
— Manor Racing (@ManorRacing) November 26, 2016
And yet, can we deny that the state of things in F1 has slowly begun to revolve ever more centrally on how much a team can afford to spend?
We know that we’ve got a slew of changes to look forward to with the 2017 regulation changes. In theory, these should open a more dynamic and diverse field of competition. But is the issue that F1 faces a problem more entrenched than mere regulations.
Part 1 of our 3 month investigation into F1s takeover. Heres Liberty boasting about how F1 avoided $500m of tax https://t.co/SS5SaxUvyS
— Formula Money (@FormulaMoney) November 25, 2016
Manor Racing’s CEO, Thomas Mayer, recently stated that the team will be taken over by a new majority shareholder. While he wouldn’t comment as to who this mysterious shareholder is, he did offer an interest insight into the way a team CEO views the sport:
“I can’t talk too much about the specifics but we have been in discussions with several investors, well, for the last six months let’s say. One of the things I was quite clear on, right from the start, was that I accepted that in the current F1, money equals performance.”
– Thomas Mayer
So, if money equals performance in the current F1, where does that leave us?
In a fairly shit spot if you ask me.
No one in their right mind is going to doubt the necessity of funds in Motorsports – particularly F1. This is a pay-to-pay sport and you get what you pay for. That’s all fine and dandy, to a degree. What happens when a sport – any for that matter – goes a bit too long in the tooth and needs a shakeup?
You get instances like this, where the most well-funded and most entrenched teams can reap the benefits season after season, with the rest fighting over sloppy seconds.
Only time will tell if the upcoming regulation reforms will bring about positive changes, but a more level playing field would certainly be a welcome change of pace.