Earlier quoted context omitted.
This is all in the name of reducing expenses of course, but it has the opposite effect. I always thought it was more like, Ferrari will always spend gobs of money and a small player can only spend a tenth as much- the amount of money spent will not change- but how can we narrow the gap between the high budget & low budget teams, such that a really awesome low budget team has a chance of catching a high budget team na…
Budget cap kicks in next year heading into new regs for 2022. Ferrari and Merc spend $500m approx. Budget cap is $175m with exceptions like driver salary, top leaders salary, PU.
New wind tunnels, new factories, expensive software projects. All ploughed ahead this year so they don't have to go on the books after 2022.