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The budget cap was revised down after Covid hit (down to $145 million from $175 million), to stop the midfield from going broke, and Ross Brawn says they’re going to lower it further in the coming years [0].

You can’t figure out exactly what teams that’s going to hit, because publicly available finances don’t have enough detail. But it’s either going to bring spending more or less in line with Haas or Racing Point, who are both pretty close in terms of spending anyway. The reason McLaren (a relatively big spending team) are so publicly in favour of it is that they’ve had some pretty serious financial trouble going on recently.

[0]: https://www.formula1.com/en/latest/article.breaking-news-f1-...



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