Ecclestone backs Wolff's opinion on the budget cap

Bernie Ecclestone has agreed with Toto Wolff's opinion on the proposed budget cap. After a meeting to discuss Formula 1's future the F1 official website declared that they are “a step closer” to agreeing to rules, governance, income distribution and “cost controls” for future seasons. One of these rules is to introduce a budget cap for each team, something that Wolff and Ecclestone agree on. 

“The challenge is how to control spending because the teams are structured very differently. For example, we will need to agree penalties in the event that a team deliberately breaks the rules.

“We see the biggest challenges with the implementation,” Wolff said. 

Bernie Ecclestone agrees with Wolff and said to Auto Bild: “In my time, Jean Todt worked on the budget cap, but how can you control for example whether Mercedes does research for formula one at the main headquarters in Stuttgart?”

It is thought that some of the bigger teams are likely to break the rules of a budget cap leading many to question the effectiveness of this proposed new rule. However, it is positive that the powers that be are trying to improve Formula 1 for the better.