FORUMula1.com - F1 Forum

[ryofurue]

Budget cap is the best thing for Formula One. I hate those teams that do not accept it.

Formula One is different from other car-racing categories in that it's also a technological competition. On the other hand, it's clear that they need to reduce the cost. How? There are two possible approaches. 1) Reduce the latitude of technical competition (by tightening the regulations); 2) Budget cap.

They have taken strategy (1) so far. But, as a result, the technological competition has become less and less interesting! It's not Formula One without fierce technological competition.

Therefore, it's amply clear that (2) is the only way to have technological competition and cost reduction at the same time. It's also a fairer competition, because engineering ingenuity rather than sheer amount of money would win.

I also think budget cap is enforcible. Set up an extremely heavy penalty on cheaters and station FIA accountants in each team. Then, for fear of the penalty, nobody will dare to cheat.

Ryo

[Gilles 27]

they could reduce costs and allow technical innovation without a cap by outlawing all the stupid expensive extra stuff like massive hospitality centers, yachts, private planes and stuff. By having fewer flyaway races and also not forcing the teams to spend lots of unnecessary money on stuff like KERS, which benefits no-one. Most of these measure would also reduce F1's carbon footprint

[madbrad]

[Gilles 27]

brilliant

[7UpJordan]

[myownalias]

The budget cap is a good idea in my opinion although €45m isn't anywhere near enough when even the poorer teams were spending twice as much over the course of the 2008 season; €100m as Mercedes' Norbert Haug was proposing with additional technical support and cheap parts provided to new teams to help them be more competitive. I believed that was what was put forward as a suggestion to the FIA by FOTA but Ferrari's latest statement seems to indicate that isn't the case and they only signed up to buy more time.

The budget cap is good if it can be enforced; it'll allow new team to enter into the sport and be relatively competitive; which is what F1 has been crying out for in recent years; Super Aguri found how hard it was to survive in F1; they spent almost €50m just trying to hold onto the back of the field in just three races. Without the budget cap; there will be no new blood and manufacturers will slowly fall by the wayside unless the market improves. Toyota are already rumoured to be leaving the sport at the end of the year despite all their protests about the cap. What's the minimum amount of teams on the grid to have decent racing?

[headless]

Get flogging those caps, you are onto something.

[Jamie]

I thin the cap is an awesome idea, we need more teams so that F1 is a sport full of opportunities! Indy has so many teams and i think we should look at the equal version American version of F1! they are successful and have made some awesome drivers! I think USF1 Will have Marco Andretti as one of there top drivers! he will be one to watch out for!

Budget cap means -
· More teams
· More drivers
· More competition
· More underdogs
· Force India won’t be at the back all the time
· More middle pack action
· More British drivers!
· More cool characters
· More cars
· More ideas
· For the Men – More Grid Girls -

[bud]

the cap of 47mil pounds is too low.

[Gaz]

I fail to see how the hell the FIA are going to be able to police it effectivly.

anything thats not in the cap for example marketing and promotion, drivers..

all that will happen is they will put R&D, Parts, and Other budget costs down as stuff thats not in the cap.

In otherwords there's gonna be alot of Carbon Fibre needed for "Marketing Purposes"

[Gilles 27]

agreed with Longbow and bud

[billindenver]

I fail to see how the hell the FIA are going to be able to police it effectivly.

anything thats not in the cap for example marketing and promotion, drivers..

all that will happen is they will put R&D, Parts, and Other budget costs down as stuff thats not in the cap.

In otherwords there's gonna be alot of Carbon Fibre needed for "Marketing Purposes"

Amen. And how do you police man hours spent from employees who work not only for the F1 team but also for the factory? So they put down 5 hours a week on F1 and 70 on sweeping the shop floor...how can the FIA ever prove otherwise? It will turn into a three ring circus of cheating, investigations, and denials. If we get a salary cap, F1 as we know it is gone. Several new teams competing on GoKart money while the manufacturers leave is not what I consider F1 to be.

[headless]

I thin the cap is an awesome idea, we need more teams so that F1 is a sport full of opportunities! Indy has so many teams and i think we should look at the equal version American version of F1! they are successful and have made some awesome drivers! I think USF1 Will have Marco Andretti as one of there top drivers! he will be one to watch out for!

Budget cap means -
· More teams
· More drivers
· More competition
· More underdogs
· Force India won’t be at the back all the time
· More middle pack action
· More British drivers!
· More cool characters
· More cars
· More ideas
· For the Men – More Grid Girls -

No Ferrari
More grid boys

:yes: agreed with Longbow and bud

[hipcheck5]

I fail to see how the hell the FIA are going to be able to police it effectivly.

anything thats not in the cap for example marketing and promotion, drivers..

all that will happen is they will put R&D, Parts, and Other budget costs down as stuff thats not in the cap.

In otherwords there's gonna be alot of Carbon Fibre needed for "Marketing Purposes"

How do they do it in other sports?

[billindenver]

I fail to see how the hell the FIA are going to be able to police it effectivly.

anything thats not in the cap for example marketing and promotion, drivers..

all that will happen is they will put R&D, Parts, and Other budget costs down as stuff thats not in the cap.

In otherwords there's gonna be alot of Carbon Fibre needed for "Marketing Purposes"

How do they do it in other sports?

Simple. Other sports are Salary Caps. That means you have X number of athletes, they make Y number of dollars each...done deal, simple math. There are no sponsors giving parts to the teams that have to have values applied to them. Since those parts are one offs, requiring untold millions of dollars in testing etc to produce...how do you value them? In short, there are so many differences between a salary capped NHL hockey for instance and formula one's proposed spending cap that I could spend all day pointing them out. The proof is in the puddin as they say....lets see Max make it work. I'll bet he can't do it.