Zak Brown says that McLaren Racing has the cost cap to thank for its performance turnaround in Formula 1.
The sport’s leveling of the playing field after the COVID-19 pandemic enabled a team on the edge of bankruptcy to find its footing in a notoriously expensive sport.
Zak Brown: How the COVID-19 pandemic transformed McLaren
As the 2020s got underway, Formula 1 was at a choice point. Aware that many teams were unable to sustain the rabid spending that had characterized the introduction of the hybrid regulations, it was clear that a cost cap would be necessary to curb spending.
That spending cap would be critical for a team like McLaren, which was bordering on the edge of bankruptcy as the COVID-19 pandemic threatened to put both the team and its associated automotive brand out of busi