What does the F1 cost cap apply to?
As you can imagine in a sport that is so technical such as Formula One, the cost cap covers a wide array of different expenditures.
The main ones include, in essence, anything that is related to car performance so any car parts, any equipment needed to run the cars, most of the team personnel, any garage equipment plus spares and any transport costs.
The engine, which is a complex matter given the fact that some teams buy theirs whilst others make their own, is excluded from this list, though it does have its own cost regulations.
Perhaps surprisingly, drivers wages do not fall under the cost cap whilst neither do the wages of the team's three highest paid members of staff.
Other areas that are not covered by the cost cap include; travel budgets, marketing spend, legal and property costs, employee bonuses, sick leave and staff medical benefits and other staff related costings.