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Chandhok: Haas have shown a new team can enter and be competitive
Former Formula One driver turned pundit Karun Chandhok hopes that the $175million budget cap for 2021 onwards will help to entice new teams into the sport. Having raced with Lotus and HRT in 2010 and 2011, Chandhok has first-hand knowledge of what it is like for a Formula One team to enter the sport from scratch. Along with Virgin Racing, both teams began their journey in the 2010 season after signing up with the promise of a budget cap being introduced. Article continues under video However, the cap was never introduced and all three teams dropped out of the sport by the end of 2015, Virgin – then Marussia – the last to exit. From 2021, a strict $175m budget cap will be in force and...
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4y ago from GPFans.com
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