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Opinion | Criticisms of the current cost cap are incorrect

The FIA announced a cost cap for the 2021 season in late 2019, with the intention of promoting a more level and equitable playing field and securing long term financial stability for some of the lower teams. Initially set to $145 million, the budget cap will be reduced to $140 million for 2022, and then reduced again to $135 million after 2022. However, some figures in the paddock have criticized the budget cap for not considering the cost of crashes. Red Bull’s Fight in 2021 Thus far in 2021, Mercedes and Red Bull have been locked in a titanic battle for the constructor’s championship, with the former taking the lead after a disappointing Hungarian Grand Prix for the Milton Keynes...
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