Haas F1 boss Steiner believes the budget cap has been key to producing closer racing during the 2022 season. 'We have created a successful rule and we shouldn't go away from the principle.'
teams as the result of the fact that spending has been equalised thanks to the budget limits.
Steiner in particular feels that one of the successes of the cost cap is the fact that the racing order is no longer dictated by which team has the most money to spend. "There's a lot of racing going on. And I think that's down also to the cost cap. We have created a successful rule and we shouldn't go away from the principle."
"You always have to think why did we have this? I think the cost cap is part of it. And therefore, I think we should try to protect the cost cap as much as we can by not hurting teams this year."One of the impacts of the cost cap has been limited scope for teams to make developments, which means an outfit like Haas, which is still racing its original spec car, can remain competitive.
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