Nicholas Tombasis on the shortcomings of financial regulation

On the one hand, limiting spending should ultimately level the teams’ odds; on the other hand, it limits the ability of weak teams to catch up. FIA single-seater racing director Nicholas Tombasis believes a compromise must be found…

Nicholas Tombasis: “On the one hand, the financial rules do not allow some teams to spend three times more than others, and that is good. On the other hand, if you fall behind, you no longer have the ability to turn the tide.

In the past, some teams started the season poorly and fell behind. I was in such a situation myself. As a result, a comprehensive update was prepared for Barcelona or Canada, in a few months you almost completely redesigned the car and at the end of the season it was able to win races.

Current financial regulations limit the number of upgrades you can make. So if someone has fallen behind, it can be long and painful to get back into shape.

It is important to avoid both too severe restrictions, because we have a technical sport, and too much freedom, otherwise the difference between the teams will widen again.

If you ask any engineer from any team, they will say the limitations are too great. I am an engineer myself, I would like to see all machines join the technological battle. But we have to take into account other factors that are important for the sport.

Compared to the past, financial regulations make it possible to restrict certain types of activities. Otherwise, thanks to some research projects, teams can gain an advantage and keep it for a long time, since other teams do not have such opportunities.

There is a fine line between freedom and a tight fight, but financial regulations reduce the room for maneuver. And so far there is no optimal solution in this area.”

Source: F1 News

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