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Protect us from ourselves on spending, F1 teams tell Carey

F1 chief Chase Carey says that top teams have told the sport's new owners that they want to be "protected them from themselves" and prevented from spending excessive amounts of money. The F1 CEO says that the big players are spending so much purely because they have to match their rivals, and that the only way to slow it down is to tune the rules to reduce costs and stop unnecessary expenditure. Carey and F1 sporting chief Ross Brawn see the post-2020 power unit regulations as the key to cutting expense. In a recent meeting with the FIA and the four manufacturers – with Alfa Romeo and VW/Audi also represented – the basic format was agreed. "We came out of a meeting a few...
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