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Decreasing costs so more teams can fight at the front is a cornerstone of Formula 1's 2021 masterplan, and a budget cap is likely to be its key weapon. But with the clock ticking and clarity still awaited, concerns about loopholes and impracticalities are growing.
The clock is ticking and yet we still don't have any firm information on exactly what direction Formula 1 will take in 2021. There have been some general promises from Liberty and the FIA - the quest for a fairer financial playing field is at the heart of it - but so far we've seen little in the way of decisive action.
Of course, there is much going on behind the scenes that we haven't yet heard about in detail, with Pat Symonds and his F1 engineering team working with FIA counterpart Nikolas Tombazis on the future technical regulations, and Ross Brawn open to new ideas in terms of sporting rules and ways of improving the show.
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