Christian Horner has defended the decision to scrap a proposed cost cap, saying it would "never" effectively cut costs.
Earlier this month, FIA President Jean Todt announced that the cost cap he had wanted to implement in 2015 would not happen.
"Most of the teams were in favour of the cost cap, but I understand that all the teams that are part of the Strategy Group are against it now," he said.
"So clearly, if the commercial rights holder, and if six teams, which means 12 of 18 are against, I cannot impose it. It's mathematics. So in this case, no more cost cap."
The decision has not gone down well with Formula 1's smaller teams, some of whom have budgets that are just a tenth of what the likes of Red Bull Racing spend.
But despite their complaints, Red Bull boss Horner says axing the cap is the right move.
He told Autosport: "I think the situation is that a cap is never going to effectively control the costs.
"All of the teams are effectively agreed that we want to reduce the costs, and the most effective way to do that is really through the sporting regulations more than anything.
"So we need to look at the sporting regulations and look at what are our cost drivers."