[M5Rick]

With the introduction of a $175 million cap for teams in '21 excluding driver salaries (of course) engines and some other things.
Haas team boss Steiner has stated there is little chance of the smaller teams spending anything near that amount keeping in mind not getting a decent return on investment at some point, while it would be no problem for the big three.
He is calling for a further reduction of the $175m in '22 at least to give a fighting chance to bring things more level with the 'bigies'. He also hinted there is a risk of owner Haas deciding to quit F1 if things continue as they are.
It will be interesting how Carey responds,if he does that is with the pressure of the manufacturers being a dominant factor.

[apexit4]

Originally Posted by M5theonlyone

With the introduction of a $175 million cap for teams in '21 excluding driver salaries (of course) engines and some other things.
Haas team boss Steiner has stated there is little chance of the smaller teams spending anything near that amount keeping in mind not getting a decent return on investment at some point, while it would be no problem for the big three.
He is calling for a further reduction of the $175m in '22 at least to give a fighting chance to bring things more level with the 'bigies'. He also hinted there is a risk of owner Haas deciding to quit F1 if things continue as they are.
It will be interesting how Carey responds,if he does that is with the pressure of the manufacturers being a dominant factor.

Not sure if anything has changed, but the original plan was to decrease the budget cap the subsequent two years after 2021 to an ever lower cap below $175 mil. The issue with announcing the cost cap so early is that the big teams can invest a large amount this year in preparation for the cost cap next year. IIRC, Ferrari and McLaren have already started doing so.