F1: Encouraging news for small F1 teams

In 2021, the 'budget cap' was introduced. Unfortunately, this system does not work in favour of the smaller teams. Because of the restriction on major investments (e.g. building a wind tunnel), they remain at a disadvantage compared to teams that, unlike them, already have modern equipment and infrastructure.

© Mark Sutton/Panoramic/Photo News

In 2021, the 'budget cap' was introduced. Unfortunately, this system does not work in favour of the smaller teams. Because of the restriction on major investments (e.g. building a wind tunnel), they remain at a disadvantage compared to teams that, unlike them, already have modern equipment and infrastructure.

In other words, the already well-equipped teams remain at the top and the less 'powerful' teams are forced to choose between optimising their cars on the one hand and their equipment/infrastructure on the other. In short, the current cap is not having the desired effect.

The new talks - currently in a preliminary phase - are aimed at giving the smaller teams more development opportunities. Motorsport.com mentions that the issue has already been discussed at the last F1 commission and that both the FIA and FOM are in favour of the idea. It’s expected that more players will get involved in the coming weeks.

"Unfair"

Williams managing director James Vowles believes it is important to restore balance in F1. "When I came to Williams I was surprised by the fact that we were missing several systems that the big teams have. Think for example of specific software for parts. And as we are simply not allowed to cover these expenses, the battle remains uneven."

Alpine team principal Otmar Szafnauer agrees: "The spending cap we have today consolidates some intrinsic inequalities. Smaller teams that don't have a big wind tunnel and aren't allowed to build one will remain at a disadvantage forever. This is anything but fair."

This year?

If six of the ten existing F1 teams agree to the rule change, it could be introduced in 2024. If eight teams agree, the changes could come into force as early as this year.

RELATED: F1: Hamilton (already) no longer believes in the title

➤ BET ON FORMULA 1