P1racenews AI automatic summary:
Alpine Executive Advisor Flavio Briatore has weighed in on F1’s cost cap regulations, urging a revamp to include driver salaries within its ambit amid rising costs.
Alpine Executive Advisor Flavio Briatore has advocated for including driver salaries in Formula 1’s cost cap regulations to address rising costs within the sport.
Since 2021, F1 has operated under a budget ceiling set by the FIA, aimed at leveling the playing field and controlling team expenses.
The cost cap covers various expenditures like car performance elements, logistics, equipment, and team personnel salaries, except for the top three highest-paid staff members’ salaries.
Briatore, with his extensive history in the sport, believes modern motorsport demands a revision of financial regulations to align with current realities.
His proposal highlights concerns about escalating costs, especially regarding top driver salaries like Max Verstappen’s, which are outside the current cost cap framework.
