Grand Prix teams have operated under budget cap regulations since the start of the 2021 season, with F1 chiefs having introduced the rules in a bid to stop the kind of spending war that risked the grid’s long-term sustainability.
While it has been a challenge for the top spenders to stay under the limit, with Red Bull famously having broken the cap in 2021, there is a consensus that it has properly levelled the playing field.
McLaren CEO Zak Brown said there is no better proof of the cost cap's impact than the fact that the entire grid has closed up so much – which can make life more difficult for his outfit.
“I think the cap has been outstanding for the sport,” explained Brown. “It’s not yet perfect but I don’t think that something that is so young wasn’t going to have some loopholes which the FIA are closing – such as TD45 [which prevents IP from side projects being used by F1 teams].
“Max [Verstappen] made it the most dominant season by one driver and team ever, but if you took Max out of the equation, you had for the first time five teams with seven or more podiums.
“I can’t recall a team that has been 10th in the constructors’ [championship], always being a threat to be in Q3. I think we’re all used to the team being in P10 being three seconds off pole.
“I think the budget cap has had the intended consequences of making the field much more competitive.
“I can tell you from sitting on the pitwall, there’s no team that we don’t think – when we’re looking at times – is a threat to get into Q3. That’s the benefit of the budget cap.”
Source: Autosport