Sir Frank Williams has always been in favor of a budget cap in F1 but he is not endorsing the current FIA proposal that would have two sets of regulations. The budget cap proposal accommodated the teams joining the system with unlimited engineering concepts and more open license with their cars. The teams choosing not to participate would be regulated more strictly and not allowed the open or creative license afforded the Cost Regulated teams. Guess what? I agree with him.
“Williams has supported the introduction of a budget cap since the idea was first put forward early in 2008,” said Williams. “Since then FOTA has made tremendous steps forward on costs but the rationale for a budget cap has also grown even stronger.
“We would like to see all the teams operating to one set of regulations and under a budget cap in 2010 and that is the position we will be advocating within FOTA when we meet next week.
“We understand that this will represent a serious challenge for some of the teams but we expect that FOTA will work together to find a unified and constructive way to take the FIA’s initiative forward.”