Seems to me that should be ok to have a class where teams can throw money at it without real limits. Sure, that shouldn’t be everything, but if they want F1 to be the fastest, fanciest stuff possible, restricting investment to improve competitiveness doesn’t seem like a great move.
That’s kind of the running joke in the world of F1 fans, you have Mercedes, Red Bull, and I guess now Renault (because Ferrari is doing really bad this season) in F1, everyone else is F1.5.
The problem is there’s only so many manufacturers that have the desire to spend that much money. Especially on what is obviously dead-end technology wise, so it’s nothing more than a marketing spend that requires them to actually have a chance at winning to be worth it.
Honestly I’d buy the rumors that Mercedes was debating pulling out of F1 if the new cost caps didn’t mean the team will run at a profit instead of a ~$30m expense after sponsorships and prize money are taken into account. Hell, they just won the Formula E championship the first year they were a manufacturer branded team, and they know electric vehicles are the way forward.
