Marussia cry foul over F1 cost cap, but Mercedes call it unviable

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It’s no secret that Formula 1 is something of a rich man’s playground, but efforts have been made over the years to try and bring the cost of competing down in order to ensure a fairer playing field.

However, the likes of Marussia and Caterham do not have the kind of backing that Mercedes, Ferrari and Red Bull enjoy, meaning that it is no surprise that they languish at the back of the grid.

The idea of a cost cap to alleviate this problem has been spoken about for years. FIA president Jean Todt was keen on introducing one in the next couple of years, only for the F1 Strategy Group to reject it.

Said group is made up of Ferrari, Williams, Lotus, McLaren, Mercedes and Red Bull, who of course have the money to spend.

Marussia sporting director Graeme Lowdon feels that this isn’t good enough, though. “We want to see Formula One grow, and there is an important lesson to be learned from sports that have demonstrated huge growth over the last five to 10 years,” he explained to the Press Association.

“There are two elements that are a feature of those sports. One is an equitable distribution of finances within the sport, and the second is cost control of some description.

“It doesn’t necessarily have to be a cap. There are other techniques used – ceilings, luxury taxes, financial fair play mechanisms. Some people have said it’s too difficult to implement financial rules. Frankly, that’s absolute rubbish.”

‘Some people’ can certainly include Mercedes executive business director Toto Wolff, who – despite being in favor of the cost cap – believes that such limits are simply too hard to regulate and implement.

“Engineers are always going to find loopholes,” he said. “If you reduce something on the left, you are going to find possibilities on the right. This is why the concept of the cost cap would be a difficult one to police. If you are going through sporting and technical regulations it makes sense.

“I was for a cost cap actually, but we realised some of the other big teams could not follow that path. Ferrari are a good example as they have everything in one entity, the road car business and F1, and it’s difficult for them to have everything screened.”

Perhaps it’s a matter of perspective. It once again underlines the importance of organisations such as FOTA, which recently disbanded, that allow all of the teams in Formula 1 to have a say in the future of the sport.

Max Verstappen is PointsBet favorite to score sixth staight in 2022 Singapore Grand Prix

PointsBet 2022 Singapore odds
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Max Verstappen is the PointsBet Sportsbook odds favorite to win the 2022 Singapore Grand Prix on the Marina Bay Street course to stretch his current win streak to six consecutive. He shows odds of -200 this week.

Formula 1 did not compete in Singapore in 2020 or 2021 due to the COVID-19 pandemic, but Verstappen has podium finishes in his last two attempts on this track. he was second in 2018 and third in 2019. In the first 15 races of this season, he has failed to stand on the podium only twice and has an average finish of 2.73.

With minus odds, the way to determine a payout is by subtraction. In order for a bettor to earn $100, he must wager $200 this week; with that wager, he will get back his initial stake and winnings of $100.

For bettors more comfortable with fractional odds, a bet of +300 is the same as 3/1.

Charles Leclerc is ranked second this week with +400 odds. He has two previous Singapore GP starts to his credit with a best of second in 2019. He is coming off back-to-back podium finishes with a third in the Dutch GP and a second at Monza.

Ranked third is Carlos Sainz, Jr. with a line of +1100. He has top-five finishes in four of his last five starts, but only one of these, a third in the Belgian GP, was on the podium. Sainz is one of four winners other than Verstappen this season. His victory came in the British GP.

Lewis Hamilton shows a line of +1200. His last win came last fall in the Saudi Arabian GP and the Mercedes team has struggled to contend for victory in 2022. They are improving, however, with eight top-fives in the last nine races. Hamilton has two wins in his last three Singapore starts, which came in 2017 and 2018.

Rounding out the top five is Hamilton’s teammate George Russell at +1800. He has not won, but has shown remarkable consistency with top-fives in all but one race. Notably, his only bad finish came in his home GP in England. Russell has one previous start at Marina Bay; he finished last in the 2019 race. He finished fourth in 2019 as part of a four-race streak of top-fives.

The most recent Singapore GP winner from 2019, Sebastian Vettel is a longshot at +50000.

PointsBet is our Official Sports Betting Partner, and we may receive compensation if you place a bet on PointsBet for the first time after clicking our links.

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