“F1 Not the Best Paying Industry Anymore”: Adrian Newey Flags Loss of Talent Owing to Budget Cap
“Formula 1 is actually not the best-paying industry anymore,” he told AMuS’ Michael Schmidt. Newey highlighted this being one of the “hidden penalties” of the cost cap and has decreased the willingness of people to ply their trade in the sport. Every single Formula 1 team is now worth more than $1 billion, according to @kbadenhausen.