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Adrian Newey claims that Formula 1 is losing talents to technology companies due to the ‘cost cap’.

Carl Smith by Carl Smith
April 14, 2024
in Motorsports
Reading Time: 1 min read
0
Adrian Newey alega que a Fórmula 1 está perdendo talentos para empresas de tecnologia devido ao ‘teto de custos’.
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The introduction of a budget cap in F1 has significantly impacted the operations of different teams. Adrian Newey and Christian Horner believe that this cap poses a threat to the future of the sport. Initially, the cost limit was welcomed as a positive change, but over time, with inflation taking hold, it began to cause problems for the teams. In the past, teams could attract top talent directly from university with lucrative salaries, but due to the cost cap, they can no longer do so. According to Newey, teams now need to rely on attracting engineers based on their passion rather than offering high salaries. Although there are currently no plans to modify the structure of the cost cap, teams and the FIA are in communication.

Adrian Newey’s role has been crucial to the success of Red Bull, but rumors of his possible departure due to a tempting offer from Aston Martin have been circulating. However, the team’s senior consultant is not surprised by these rumors. Marko acknowledges Newey’s exceptional skills as an F1 car designer. Red Bull has been going through a period of turmoil, which has had a negative impact on the team. Newey himself has addressed the speculations about his future. With everything that has happened at Red Bull since the start of the 2024 season, it will be interesting to see how the situation with Adrian Newey unfolds in the coming months.

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