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Formula 1's budget cap explained
New liveries, new cars, new rules. 2022 is the year of change in Formula One, and these changes are drastic. With an all-new design for the cars, which is intended to make overtaking easier, the season was already due to be more compelling than its predecessors, but there is also a budget cap. It was first introduced last year, which signalled F1’s first ever financial regulations, but the effects of the cost cap will be felt more severely this season. These regulations have to be adhered to by every team, and it places more control on spending. Essentially, it won’t simply be a case of the richest team winning due to their large range of resources, and they will stop a situation like...
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2y ago from GPBlog.com
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