Boullier Says Proposed Budget Cap Needs Further Discussion

F1 CEO Bernie Ecclestone's "attempts to cut costs by imposing a potential £155M ($250M) budget cap on each team" has been called "unrealistic" by McLaren F1 Team Principal Martin Whitmarsh. Ecclestone revealed during last weekend’s Indian Grand Prix that "he had proposed such a figure, which would include driver salaries and all other costs, to the 12 teams."

Red Bull and its sister team, Toro Rosso, "have previously opposed the resource restriction agreement, prompting Ecclestone’s bid to force through a resolution under which every team could comfortably operate."

Lotus F1 Team Principal Eric Boullier "can see the benefits of Ecclestone’s idea but believes further discussion is required." He said, "Bernie is very serious. The budget cap is one of the best ways to have control over useless expenditure and to end the competitive war." When asked whether he though the budget cap or the RRA was a better idea, Boullier replied: "I don't know yet. The idea of a budget cap from Bernie is quite new, and we just need to look at it a bit more" London Times