We all know that racing costs a lot of money. And to an outsider it sometimes seems that the large professional teams are almost swimming in it. f course that brings the inevitable chorus of “I hate them, they only win because they have the best drivers, the best equipment, blah, blah, blah”.

That complaint ranges from the club racer in SCCA road racing, or your Saturday night short track right up the ranks. Well, today there was an interesting article on the PlanetF1.com website which I have shamelessly copied. Here are the thoughts of the chief executive of the Sauber F1 team. An interesting comment of a form of racing that we think is immune to financial woes. Check it out:

Sauber throw weight behind budget cap

Tuesday 3rd April 2012

Sauber throw weight behind budget capSauber throw weight behind budget cap

Sauber chief executive Monisha Kaltenborn has backed Bernie Ecclestone’s calls for a budget cap in F1, saying it would make the sport “more interesting”.

Formula One commercial rights holder Ecclestone recently re-opened the debate about a budget cap as he felt there are still too many people “running around with rose-tinted glasses” when it comes to the spiralling costs.

“The teams have to learn to be competitive without tonnes of money,” he said.

“They have to refocus again on the basics – on racing, spending on the sport – and not on baronial motorhomes and all kinds of entertainment.”

Kaltenborn says the Hinwil-based Sauber is in favour of limiting the spending by teams.

“We started it with the Resource Restriction Agreement (RRA), and that in itself was already an important step, but of course it is far from the only one you need,” she told the official Formula One website.

“We now have to evolve it to the next step, and in my view the future should indeed lie in some kind of budget cap under which each and every team could do what they want to, because we all have different strengths. Looking at our team, for example, we have a good infrastructure and a good wind tunnel, so it would allow us to benefit from that.

“Others have other assets. Overall I think it would make Formula One more interesting as it would also mean that we would all use different strategies and take different approaches to the business and the sport.”

Ecclestone suggested cap could come into force from 2013, and Kaltenborn also feels it should be introduced “very soon”.

“I think we should have the next step already in place for next season and take it from there,” she said.

“Next season for me should already see a major step forward in the financial feasibility of a team.

“When the current Concorde Agreement comes to an end at the end of this season, I think it would be a good time to set some kind of rules.”

When the budget cap idea was first mooted by former FIA president Max Mosley a few years ago, some of the big teams refused to back it with Ferrari even threatening to pull out of the sport.

Kaltenborn, though, believes all teams know that something has got to give.

“By now even the big teams should appreciate that Formula One with four teams would not be overwhelmingly attractive to fans,” she said.

“That would be a very wrong message.

Perhaps there are other forms of racing (Nascar?) that would do well to heed her comments. Preparing a Plan B before you need it isn’t a bad idea.

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