Force India COO Otmar Szafnauer believes a $150 million cost cap is entirely possible in Formula One and could be successfully policed by the FIA.
Both the FIA and Formula One's new owners Liberty Media are keen to reduce the cost of competing in the sport and a cap on spending is being considered as a possible solution. The idea is nothing new in Formula One, but a previous attempt to introduce a £40 million cap failed after it was rejected by the teams in favour for a self-imposed resource restriction agreement -- which also ultimately failed.
Team budgets vary massively in F1, with top teams spending over $300 million a year and midfield teams such as Force India spending in the region of $120 million.