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F1 teams have ‘pretty much accepted' cost cap

F1 teams have ‘pretty much accepted' a cost cap Formula 1 teams have all but accepted the introduction of a cost cap in an effort to level out the playing field. First raised when Max Mosley was the FIA President, discussions surrounding a cost cap have circulated for a number of years but never got off the ground. For 2010, a proposed cap was initially introduced, which attracted three new teams for that season, before being scrapped. Now, Liberty Media CEO Greg Maffei believes the teams have accepted that a cost cap will be introduced as they work through some of the finer details. “I think that huge progress has been made,” Maffei said. “Sure there are issues to be debated....
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