2004-09-30 #3

Formula 1 Costs

Maniac Mosley is at it again. They really never seem to understand the real problem is not one of expenditure, it is one of revenue generation. The problem is not that Williams spends US$250 million a year while Minardy only spends US$20 million. The problem is that Williams has US$250 million to spend, and all the messing around with rules on what they can spend it on is never going to change the fact that if they can spend it somehow and gain a competitive advantage, they will.

I don't know how you'd fix this problem, but I've never even seen the problem stated accurately.