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Re: Further changes to F1 Regulations approved
Posted by: IanSmithISA
Date: 29/05/2020 08:20
Good morning,

This is terrible news, it is probably the end of F1. :-(

Renault have just announced 15,000 job loses so how can they justify an F1 program, marketing, hardly.

What about technology relevant to both F1 and road cars, well if the cost cap is really at the correct level to allow smaller teams to compete then surely there must be limited scope for speculative projects. The point of the budget cap is to restrict the cost of racing to the point that you can't throw 50 people at developing xyz as it might be a good idea.

So do Renault go before having to sign up for another 5 years?

What about Merc, they face a real prospect of going backwards, after winning for so long where else can they go? Any estimates of how many jobs are going to go, estimates seem to be around 1,000-1,500 across all the teams, so this could easily be 300 at Mercedes.

Job losses on this scale could easily remove any advantages offered by having such a large number of people working on F1, of course they will also have the same problem as Renault with road relevant development.

They also have the problem of explaining to the Merc board a cost cap of $145m but needing to pay Lewis $50m and how this will look publicly.

At the moment Merc and Ferrari can supply standard parts with very few consequences because they are throwing so many resources into other areas there is little risk that Haas or Racing point will build a faster car.

With the customers of standard parts finishing lower down the championship and being allowed more development resources than the suppliers of these parts will Merc and Ferrari simply say no more sales?

Suddenly Haas and Racing Point need to employ a few hundred people more, nope can't afford that so we will close.

.. and once you start to say that F1 can't spend what it wants it simply becomes a racing series, not the pinnacle of motoring technology, so why not get involved in Formula E. Of course since they banned active suspension etc it is not that anyway but F1 likes to pretend. :-)

Bye

Ian

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