New McLaren executive director Zak Brown is a “big supporter” of putting a budget cap in place to stop Formula 1 teams overspending.
A budget cap has been on and off the agenda since then-FIA president Max Mosley made the suggestion back in 2010.
Brown is a fan of the notion and doesn’t want to see anymore cases like Manor where the team had to enter administration at the beginning of this month.
“I’m a big supporter of getting a budget cap in place and rebalancing the economic spread between first and last place,” he told Autosport.
— Zak Brown (@ZBrownCEO) January 24, 2017
“Teams like McLaren and Williams and Ferrari bring more to the table than some of the others and I think we need to be rewarded as such but it will be unhealthy for all of us if we have a Manor [team entering administration] every year.
“Lotus was sold for a dollar [to Renault] – I’ve never heard of a football or a basketball team being sold for a dollar, because they’re good businesses.
“We need to reduce spending and then balance that money out and then everyone should be making money.”