In their reveal of the new 2021 Formula 1 regulations, a new cost cap or budget cap of $175 million has been announced for the first time in the sport's history in an effort to bring the grid closer together, but the cap will not affect all area's of the sport; so what part of the sport will have a financial cap and which parts won't? What will not be affected by the budget cap Most crucially, drivers' salaries will not be included in the budget cap, nor will the 'top three personnel' at any team (meaning: highest paid). As you can imagine, there is a massive gulf in salaries between a rookie like Lando Norris and an accomplished driver like Lewis Hamilton, so for this not to be included...
Full Story »