Williams team principal James Vowles has clarified his suggestions that Formula 1's cost cap should be revisited, stating that rules on capital expenditure continue to lock in a competitive advantage for the top teams.
On joining Williams ahead of 2023, Vowles was one of those who lobbied for extended capital expenditure breaks for the lower-ranked teams in the championship under the old cost-cap rules. Initially, this was a separate $36m capital expenditure cap over a five-year period, but was later changed to a sliding-scale format based on the teams' position in the championship. This meant that Williams, along with AlphaTauri (RB), Alfa Romeo (Sauber), and Haas, got around $20m extra allowance to spend in that period.
