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Williams: F1 needs financial controls to safeguard future
Williams deputy team principal Claire Williams has called on Formula 1's new owners to take control of the sport's spiralling costs in order to protect F1's long-term future. Liberty Media has already prioritised lower costs as part of its technical blueprint of the future. But Williams called for the introduction of financial restraints such as budget caps and spending controls. She said it was time for everyone involved "to look at the future of this sport and protect it for future generations. "I think the fans of our sport want to see a much more competitive grid. And that can only be the outcome of a more financially balanced sport. “That’s everybody’s responsibility...
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