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Ecclestone's budget cap plan 'unrealistic'

McLaren's Martin Whitmarsh has cast doubt on how realistic Bernie Ecclestone's budget cap plan would be to put into place in practice.
McLaren's team principal Martin Whitmarsh has said that he doubts Bernie Eccleston's suggestion of a total budget cap for F1 teams will prove to be workable in practice.

Ecclestone has revived his proposal of a cap as a replacement for the current Resource Restriction Agreement. The current RRA is opposed by Red Bull Racing, which has vetoed the agreement becoming part of the F1 sporting regulations and statutes and even led to Red Bull and Ferrari quitting the Formula One Teams Association (FOTA).

Red Bull is believed to be the biggest spending operation in the F1 paddock in 2012.

"Red Bull spends about $250m per season," Williams investor Christian Toto Wolff is quoted as saying by El Confidencial. He added that the team's owner Dietrich Mateschitz could save over a third of that amount by adhering to the RRA. "Though without their unlimited spending model they would not have the same advantage," Wolff pointed out.

However, Red Bull team principal Christian Horner has insisted that he's happy with his team's current level of spending. "We have been very consistent regarding resource constraints, and if that disturbs others, then that's their problem, not ours," he said.

At this week's meeting in Paris between Ecclestone and the F1 team principals, Ecclestone is said to have proposed setting a maximum total expenditure for all F1 teams in future. This would replace the RRA, which works by focusing on limiting specific items such as external expenditure, windtunnel time, and the number of staff on the payroll, but excludes other items such as driver salaries.

Ecclestone is said to have proposed the $250m (£155m) figure as the initial level of the cap, but that immediately provoked disagreement among the team principals.

"It sounds like quite a lot of money, so I don't know how much it's going to help too many teams," was the opinion of Martin Whitmarsh, Horner's counterpart at Williams.

Whitmarsh pointed out that only the top four teams in F1 came anywhere close to the $250m budget, which is far in excess of the budget of the small teams at the back of the grid like Caterham, Marussia and HRT. At that level, a cap would do little to achieve the much sought-after level playing field in the sport.

But even if a suitable budget cap could be agreed by all the parties, it was just the first of a number of significant details that would have to be addressed before the system stood a chance of achieving consensus.

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22.07.2012 - Redbull-Renault Engine
27.10.2012- Qualifying, Mark Webber (AUS) Red Bull Racing RB8
02.09.2012- Bernie Ecclestone (GBR), President and CEO of Formula One Management
09.09.2012- Race,  Bernie Ecclestone (GBR), President and CEO of Formula One Management  Christian Horner (GBR), Red Bull Racing, Sporting Director
26.10.2012- Press conference, Martin Whitmarsh (GBR), Chief Executive Officer Mclaren and Christian Horner (GBR), Red Bull Racing, Sporting Director
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October 28, 2012 12:44 AM

If the red bull win 3 constructors in a row the money they spend is worth it. They have flat out beat the pants off of McLaren and Ferrari for years now. Ferrari has fallen to third best team on the grid. Although if you look at history the most important team in F1. But that pays nothing and means less and less as Red Bull puts a foot up their backside. I am sure Horner has had a good laugh at the unbeatable structure Ferrari touted to start the year. Add Alonso thinks Ferrari talks to much and you can see why Red Bull wants no caps.


October 27, 2012 10:01 PM
Last Edited 824 days ago

-"It sounds like quite a lot of money, so I don't know -how much it's going to help too many teams," was the -opinion of Martin Whitmarsh, Horner's counterpart at -Williams. JOURNALISM!!! -Ferrari and Mercedes both design, develop and build -their own engines for F1 and then sell them to other -teams, while Red Bull, Williams, Caterham and Toro -Rosso purchase their engines from Renault. This gets worse... Red Bull are the Renault works team - they get their engines for free as a result. Also, Toro Rosso run Ferrari engines.

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