1 - For the millionth time, it's not about a cap, it's about limiting spending. These are not the same thing. You can threaten a cap as a gambit to have the teams suggest equitable ways (for them) of limiting spending, or you can ask the teams to do exactly that and watch them tell you to get stuffed.flynfrog wrote: 1. The cap is not enforceable please explain how you plan to find the money is some of the most secretive companies in the world.
2. the racing will not deiced the championship it will be a court.
3. Teams will either reduce cost on there own or leave F1 just like any other business let the market set the price.
2 - Sure, if you focus on a cap. If you focus on cost reduction, no, as the rules are clear. Max/the FIA has asked the teams to develop clear rules among themselves... how much more flexibility do the teams seriously want?
3 - Teams will not reduce costs on their own individual merits if doing so limits their competitiveness, they will leave, just as BMW has done and as Renault is probably very close to doing. Limiting competitiveness in turn limits direct revenues and in compromising brand equity, limits sponsorship dollar.
'As much as it takes'. The true word of someone that doesn't earn a dollar.flynfrog wrote: How much should it cost to race in F1. As much as it takes.
F1 doesn't need armchair fanboy economists saying 'as much as it takes'. The point is that F1 needs to put a line in the sand and say 'this is how much it takes', and that figure needs to be more affordable than it is for the nine teams (currently, out of a possible 12) that would have signed up for next year. The other three came in under a totally different understanding - that that line in the sand was a 40m operating budget.
Well, you're half right here. The bit about spending millions on hundredths is completely true. Global indy car, get reasonable.flynfrog wrote: If you really want to reduce costs open up the tech regs. Right now teams are spending way to much money to gains 100s with open regs they could spend less for more time.
Bring back variables like different engines different tires ect. Have engineers come up with the rules not lawyers.
How do you think a budget cap will save F1? Unless you want to see global indy car
If you limit what engineers can spend, it becomes a battle of innovation. Good ideas are free, whether it's Formula Ford or Formula 1.
If you limit what engineers can do, eventually you have a spec series. Though some things F1 spends on are a bit useless... thankfully we have some standardisation in areas fans don't really give a damn about. No problem with more of that.