Franz Tost has called bullshit on suggestions that a cost cap would be impossible to enforce in Formula One.
Liberty Media are toying with the idea of bringing in a cost cap and of course, the top three big spenders who are also the top three performing teams are against it because they have the most to lose. (*sound of the essence of competition dying*)
Toro Rosso’s team principal Franz Tost had alot to say about this issue, and makes it quite clear that the budget cap could work.
“Despite all these interventions by the FIA to try and limit spending, they [the teams] have found other ways to spend. Give each team, for example, 150 million Euros with the FIA watching over it. The big teams will cry foul that there is no way to control costs but this is nonsense. Over at Toro Rosso, I know how much each screw costs.
Many claim you cannot control development – nonsense as well. If somebody shouldn’t want to present their expenditures, it could be pretty easy: then the FIA could charge this team twice the average price of the part in question.
And then you’ll see how fast all invoices would be filed with the FIA. We need to reduce the costs. It shouldn’t be that a team spends 450 million Euros a year. On the other hand, we bargain for a few cents when it comes to road cars. Even the manufacturers cannot accept sums like this forever. It’s not feasible. We spent way too much money on F1.”
– Franz Tost
Tost’s view is the polar opposite to Horner at Red Bull. If the sister teams can’t even agree on it, then what hope is there for the entire grid to agree on a cost cap?