P1racenews AI automatic summary:
The FIA has sought to ease Formula 1 staff concerns by confirming maternity leave and employee entertainment will remain outside of a revised cost-cap system in 2026. Introduced in 2021, the cost-cap sought to level the playing field in F1 by keeping all 10 teams to a spending limit. The cap, now in its fourth […]
In 2021, a cost-cap was introduced in F1 to level the playing field among all 10 teams by imposing a spending limit, currently set at approximately $135 million, with plans to increase it to $220 million by 2026 and expand the items covered. After resistance from teams, the decision to exclude costs like maternity leave and staff activities from the cap was made during a recent F1 Commission meeting. The goal of increasing the cost-cap is to simplify regulations and incorporate more parameters, considering factors like inflation and the expanding F1 calendar. Red Bull’s Team Principal emphasized the importance of ensuring employees do not bear the brunt of these changes and finding a balance between necessary expenses and performance. While concerns regarding staff have been addressed, Sauber’s Team Representative highlighted the need for the cost-cap to account for differences in the cost of living, aiming to create an equal starting point for all teams based on ability and quality of work.
