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Brawn: Reduced budget cap helped retain big teams in F1
Formula 1 chief Ross Brawn believes the sport would not have retained all its manufacturers had it not reduced its budget cap for 2021. Teams were initially set to deal with a spending limit fixed at $175 million, but the onslaught of the coronavirus pandemic and its economic impact on F1 forced an additional cut-back to $145 million. Brawn reckons that change was crucial in convincing all manufacturers to remain in the sport. "This crisis gave us the opportunity that we knew the budget cap always would," Brawn said, speaking at this week's FIA eConference. "Once you set a budget cap, you can always adjust it. Before this ever happened, we said that if we ever have a crisis...
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