Is The Formula 1 Cost Cap ACTUALLY Working?

Since the Formula 1 Cost Cap was introduced in 2021, it has been a major talking point in the F1 world of money. And there are still questions concerning if the Formula 1 cost cap is actually working... The main aim of the F1 cost cap is to level the F1 teams out a bit in terms of money, but is that actually working? Or is it just a useless exercise? Well, in this video I'll be diving into the details of the F1 cost cap and work out if it could actually work and if we are seeing an impact after just under two seasons. And trust me, I was pretty shocked at what I found...

Make sure to follow my personal Instagram account for channel updates and much more! ⬇️
  / theracingluke  

0:00 Introduction
0:56 What is the cost cap?
2:29 Financials of the cost cap
3:27 What's included and excluded in the cost cap?
4:53 How is it regulated?
6:35 Is the cost cap actually working?
9:29 The future of the F1 cost cap
10:16 Conclusion

_________________________________________
FOLLOW OUR SOCIAL CHANNELS:
Instagram:   / theracingpilot  
Twitter:   / theracingpilot  
Pinterest: https://www.pinterest.co.uk/the_racin...
DRIVETRIBE: https://drivetribe.com/u/K0N1iR8OEtTL...
Facebook:   / theracingpilot  
_________________________________________
MUSIC INFO
Good Morning by Amine Maxwell   / aminemaxwell   Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: http://bit.ly/2vpruoY Music promoted by Audio Library    • Good morning – Amine Maxwell (No Copy...  

Fluffy by Smith The Mister https://smiththemister.bandcamp.com
Smith The Mister https://bit.ly/Smith-The-Mister-YT
Free Download / Stream: https://bit.ly/stm-fluffy
Music promoted by Audio Library    • Fluffy – Smith The Mister (No Copyrig...  

Free Range by Mona Wonderlick   / monawonderlick   Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: http://bit.ly/-free-range Music promoted by Audio Library    • Free Range – Mona Wonderlick (No Copy...  

Anything by Soyb & Amine Maxwell   / soybmusic     / aminemaxwell   Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/-anything Music promoted by Audio Library    • Anything – Soyb & Amine Maxwell (No C...  

Finally by Loxbeats   / loxbeats  
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download: http://bit.ly/FinallyLoxbeats
Music promoted by Audio Library    • Finally – Loxbeats (No Copyright Music)  
_________________________________________
Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. There are certain scenes from the Formula 1 calendar where race footage is used. All rights are property of FOM. Other photos and news elements are used solely for the purpose of assisting the original content in becoming more engaging or informative. This video is not intended to cause offence and is solely for entertainment purposes. Using this video without giving credit to the original source is an offence.
#F1Money #CostCap #Formula1