Williams boss James Vowles reckons changes to Formula 1’s cost cap to allow teams with weaker core infrastructure to invest and match levels established at leading squads are coming in July.F1’s new financial rules have been hailed as a success at reining in spend by bigger teams since they were introduced in 2021, but problems have since emerged – including that teams are strictly limited on capital expenditure.
“I think Formula 1 and FIA completely understand it,” he added. “Other teams actually understand it as well. Perhaps some less than others, as you can imagine. He continued: “If you think about it, I was known as a strategist at the track, but actually truthfully for many of the last years of my time there [at“I was more acting as ‘how do we do motorsport strategy generally across GP3, Formula E, where do we go forward with things?’
In recent weeks, Vowles has been open in outlining the full challenge he faces in turning around Williams’ fortunes, even admitting some of his team’s systems areand behind what he found when joining Mercedes when it was then called BAR back in 2001. “So, if I give you examples of it – we’re in a situation here where Williams hasn’t had the funding for the last 15 years.