Budget cap ‘a massive headache’ for top teams

Date published: June 15 2020

Racing Point

Racing Point technical boss Andy Green thinks the big teams will have a “massive headache” coming to terms with the incoming budget cap.

From the 2021 season, Formula 1 will be enforcing an initial budget cap of $145m before it drops to $140m in 2022 and then to $135m for 2023, 2024 and 2025.

While Formula 1’s midfield have really welcomed the changes that will hopefully help level the playing field, Green thinks the big teams have a real task on their hands implementing the changes.

“I would have a headache, a massive headache,” Green told Auto Motor und Sport when asked how he would feel about the budget cap if he was at one of F1’s big spenders.

“But these people are not stupid. I think they already know exactly where to cut back and where the focus and core business will be in the future.

$145m is still above Racing Point’s budget, so they do have room to manoeuvre in the coming years – but Green says it will take a while for the effects of the budget cap to truly take hold.

He added: “For us, the cost cap is still above our budget and our first analysis suggests that we are keeping our philosophy.

“But we have only known these rules for four weeks and so we have to understand them in better detail.

“These things always take time to break through. On the track, we will probably only see the first real impact in 2023.”

The 2020 season is almost here! Remind yourself of how the 2019 campaign played out with our friends at Racing Statistics:

Follow us on Twitter @Planet_F1 and like our Facebook page.