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Originally Posted by Richard Casto
IMHO, no and I dont think it ever has been about reducing costs. Its been about teams agreeing to not spend money on X but rather Y. The amount of money spent is based upon how much money you are able to spend. I know that sounds like circular logic, but I am trying to say... you spend what you have, you have whatever your sponsors (or financial benefactor) gives you. This is why cost caps are imperative. That is how you limit how much is spent. Another way is to continue to spend until it collapses.
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As if disallowing teams to finance a remedy for their uncompetitive car and hence leaving them in hopeless situation, would makes things better.
It probably explains why a 'double kill' was originally planned for 2021, as a budget cap was planned alongside new 'GP1' technical regulations.
Quote:
Originally Posted by Richard Casto
Regarding empty grandstands and the general public not caring, isn't that where we nearly are now? Spec components is not to blame for the decline in motorsports as most fans dont care where the parts come from!
Richard
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I cannot think of any spec series being as popular as Formula One.