The thing is salaries of staff will always increase, so this will bite sooner or later. Teams will be creative left or right to loophole this. Either by letting "sponsors" pay their salaries or go the Steve Jobs 1 dollar salary (and rest in stock).
Idk, I get FOM (Liberty) want to have an American style of competition (with salary capa so not every year the same team wins) but does it work in such technologically driven sports ?
IMO the crux to getting more exciting competition is to reduce reliability. Reliability leads to predictability which means once a firm platform is established, one team can keep winning. The budget cap reduces reliability because you have to prioritize your resources more and you can't afford the same amount of people so you can't have one person dedicated to one part. I think capping how many people you can have on a team would help too. I like how in f2 there's fewer people per wheel on each pit stop. One person needs to take the wheel off and put the next wheel on. It's slower, but it's more exciting because it's less predictable how the pit stop will go.
And reducing reliability does the same thing to sustainability.
The engineers and staff have gotten a massive shafting by F1 with the budget cap. It’s be decent for most of the on track action, but we all know when savings are needed, the people are the first to go. F1 salaries were already abysmally low in comparison to similarly skilled engineers, and this will make sure to depress them even more
Wait, F1 engineer salaries are low?
In engineering, you take a pay hit for the cool factor. If the talent WANTS to work for you, the company can afford to pay you less.
This is consistant across all sectors, F1, Tesla, SpaceX, other companies in the space sector
If you do something not cool in the middle of nowhere, guess what, you get paid much more. E.g. mining or gas engineer
Damn, that sucks
As far as I know, at least relative to their peers in the private sector. It was discussed on Reddit all the time, but it’s basically the same concept as game dev. There’s always somebody with a ton of passion ready to replace you for less money, so salaries never go up.
Add on the insane hours they work, it’s not a great deal
So typical corporates always winning at the end of the day.
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