How Formula 1 has made itself unattractive to new teams

OPINION: The Formula 1 cost cap has been billed as a saviour to several teams and helped to guarantee their viability for investors. But there already exists another mechanism that effectively had the same purpose, and serves as a strong deterrent for those with the means to go it alone in setting up a new team

Jake Boxall-Legge Sep 10, 2021, 2:57 PM

There's always a flutter of excitement every time a brand-new team decides to throw its lot in to go and play in Formula 1.

Silly season is a glorious time of year as it is, as the anticipation over which drivers will fill the seats on the grid hits fever pitch. Throw a new team into the mix, and the level of suspense reaches a different stratum as there's a legion of additional elements to be decided.

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Author Jake Boxall-Legge

Jake Boxall-Legge Autosport’s Technical Editor. Having studied Automotive Engineering with Motorsport at the University of Hertfordshire, West Country-born Jake's original ambition was to design racing cars. During a year between studies in which he accidentally rekindled a love of writing, he took up a Master's in Motorsport Engineering at Oxford Brookes. Halfway through his master's year, he was offered a place on the Autosport Academy, conducting occasional freelance duties before becoming the press officer for Formula 2 and GP3 in 2018. Autosport offered him a return to the fold later that year to serve as its Technical Editor. His voice appears on a number of videos and podcasts, and can often be found writing about terrible Formula 1 cars in excruciating detail. In his spare time, Jake enjoys baking and blames his failure to make it past the Great British Bake-Off interviews on his tenuous grasp on choux pastry. His dream is to open a brunch cafe - and his willingness to make outrageous puns in inappropriate situations has earned him the contempt of his colleagues.