Is a Budget Cap what F1 Needs to Move Forward?

In recent statements regarding the status of the sport, new managing director Ross Brawn has opened up about future changes to the role money plays in F1 – and it’s safe to say that big-budget teams aren’t going to be happy.

With new ownership, changes to the nature of F1 were inevitable; though it goes without saying that some teams are wishing that things would just stay the same. Commenting on the future direction of the sport, new F1 managing director Ross Brawn has highlighted budget capping as a potential avenue of implementation to ensure fair play across the board.

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“Undoubtedly we are going to have a whole list of objectives, and one of them is to enable small teams to stand on their own two feet, “I think that at one end involves the money paid to the teams, and at the other end the cost of going racing and putting on a decent show. The monies paid to the teams, we can’t do very much about for a number of years, until the commercial agreements get reviewed again.” – Ross Brawn

Budget capping isn’t new, and it’s certainly been tried in the past before – with varying degrees of success. But it’s always the teams that have the most to lose that are the most vocal. Yet there is one outlier in the discussion: McLaren.

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McLaren’s CEO Zak Brown has issued a statement saying that

“As we look towards 2021, and the direction of F1, there’s talk about budget caps, something that I’m a supporter of. There’s a lot of discussion around what is the cap and what’s included and how you get there. I think that is going to need to be discussed and debated. But McLaren is a supporter of the concept of a budget cap. “ – Zak Brown

One can hope that other large teams mirror McLaren’s stance. It’s high time that the sport levels the playing field and offers smaller teams the chance to get out in front of the pack. We all harbor that rabid curiosity to see just what money can buy when it comes to these cars, but that sort of wholesale attitude towards team funding is nothing but a blight on the sport.