Ferrari racing director Laurent Mekies believes the budget cap has brought an end to piling on upgrades throughout a season. All-new challengers will hit the track in 2022 when Formula 1 returns to action, with the fresh set of regulations, albeit restrictive, still providing teams with the opportunity to innovate and develop their challengers in-season. Ferrari though, at least for themselves, expect the budget cap to play a big part in that respect. In 2021, teams were for the first time limited on how much they could spend on their chassis with the original limit of $145m now reduced to $140m for the 2022 season. Both figures represented a significant spending cut compared to the...
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