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Budget cap 'will bring us closer' - Fernley

Force India deputy team principal Bob Fernley believes a budget cap in Formula 1 will make the midfield teams more viable even without changing their own financial status. New owners Liberty Media are keen to introduce cost restrictions to limit spending, with RACER learning teams are expecting to receive a proposal by the end of the year. While a general figure of $150 million per season has been circulated, such a limit would still sit above the budgets of many teams on the grid, but Fernley says...

Read 1 week ago, RACER

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