Soccer tips Toto Wolff: The key change in F1 was the introduction of a budget ceiling. Teams suddenly became profitable

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Mercedes chief executive Toto Wolff called the introduction of a ceiling on team budgets the most important change in many years.


Wolff believes that the introduction of the limit helped teams avoid excessive spending and somewhat leveled out the situation in the peloton.


The key change was the introduction of a cap on team budgets to protect us from ourselves. Before this, there was a regular situation in which Red Bull, Mercedes and Ferrari fought each other in their league, causing a cost war, and the smaller teams could not be competitive.


We can say that the basis was taken on a system that has long existed in American sports - in the NFL or NBA, where teams can spend a limited amount of resources on their roster. In F1, budget restrictions relate to the issue of technical development, which has changed everything in Formula 1. The teams suddenly became profitable, " Wolff said.



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