FORMULA ONE’s ‘rich teams’ could struggle to adjust to the sport’s new budget cap. New rules this season will limit teams’ spending to £103million to develop their F1 cars in the hope of making the sport more competitive. If I look at and compare the employee list of all teams, then we have always had very few employees on the racetrack. “The rich teams have always had an advantage when the regulations were changed. “With this processes, however, it can be that the large teams will find it more difficult in the adjustment phase than the teams that do not have to change anything.”. The sport’s governing body, the FIA, will have the power to scrutinise teams’ spending based on their accounts.

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