The high cost of F1

[SVXphile]

Seems like we were just discussing this a few weeks ago.
From the new Autoweek:

"Trying to slow rising costs in F1, Ford vice-president Richard Parry-Jones is proposing a cap on F1 teams' operating budgets. "We have to find a way to offer the spectators a good show without wasting immense sums," Parry-Jones said. "If we don't succeed in doing so, the future of F1 is looking dark." Meanwhile, Renault F1 boss Flavio Briatore has called for a cost-cutting summit. "This escalation is crazy," Briatore said. "The team principals need to sit down and cut the costs by 50 percent."

---------------------------

One might say this is just sour grapes; an attempt to help end Ferrari domination.....but there is no doubt that the cost of this kind of racing has reached the point of insanity. Maybe, if the costs were lowered dramatically, perhaps more cars could be entered, perhaps three per team, and more seats made available for talented, drivers. Maybe even for an American?
Don