“The Budget Cap is Working”: Haas Boss Disregards Grumbling Big Teams As F1 Debate Continues

The Monaco GP did not go as planned for the Haas F1 team. Mick Schumacher had a terrible crash while Kevin Magnussen retired due to a reliability issue. However, the American F1 team has put on some great performances this season.

The F1 governing body came up with a limited budget to reduce the power gap between the powerhouse and small teams. It was done to help small teams like Haas fight for points and compete in the mid-field. However, some big teams like Red Bull and Mercedes are not fond of the limited budget.

Haas F1 boss against increasing the limited budget

The big teams spent fortunes on their car’s development to dominate the grid in the past seasons. But the budget cap eliminates the big teams’ advantages. So, the big F1 teams have sought the FIA’s help to increase the budget cap this season. Unsurprisingly, Haas boss Guenther Steiner is against raising the budget cap as it will again give the bigger teams an edge.

Steiner shared, “The budget cap is working, and if the spirit that led to the introduction of this regulation is maintained, the team pool will become more and more compact. But we must avoid opening the purse strings; otherwise, everything loses its meaning.” ((Translated by Google)

Steiner said, “This was not the idea behind the budget cap when it was proposed and voted on. We, too, as a company, are obliged to save. We have a budget that we cannot exceed, and if, on the one hand, costs increase, we must save on others.” (Translated by Google)

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The American F1 team’s boss said, “I believe it works this way in all companies. If a CEO is unable to deal with and resolve a situation of this type, he is fired.“

Did the budget cap work in favor of Haas?

Last season, Haas was sitting at the bottom with zero points. This year, the American constructors are P8 on the constructors’ table this season with 15 points. So, scoring points isn’t as tough as it was for small teams last season.

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Undoubtedly, we might witness more competitive races as the season continues. Let’s see how Haas performs as the season continues.