Liberty Media would like to see the gap between the front and rear of the field reduced, but they will not go as far as standardising parts within Formula 1. Liberty’s managing director of commercial operations, Sean Bratches, says the plans for a budget cap are still being looked into, but something needs to be done to close up the field and make races less predictable. Only three teams have won races since the hybrid era of Formula 1 began in 2014, with the Mercedes AMG Petronas Formula One Team having claimed all four Drivers’ and Constructors’ championships, with Bratches and Liberty Media hoping that restricting the budgets of the teams at the front will help give other teams...
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