{"id":29517,"date":"2023-08-06T11:06:43","date_gmt":"2023-08-06T10:06:43","guid":{"rendered":"https:\/\/formula1news.co.uk\/?p=29517"},"modified":"2023-08-06T11:06:45","modified_gmt":"2023-08-06T10:06:45","slug":"david-croft-fiercely-disagrees-with-karun-chandhok","status":"publish","type":"post","link":"https:\/\/formula1news.co.uk\/david-croft-fiercely-disagrees-with-karun-chandhok\/","title":{"rendered":"David Croft fiercely disagrees with Karun Chandhok"},"content":{"rendered":"\n

Sky Sports F1 commentator David Croft and ex-Formula 1 driver Karun Chandhok have disagreed over the budget cap, with Croft believing that it’s “ruining a lot of things in F1”.<\/p>\n\n\n\n

The commentator believes that the budget cap has affected staff’s earnings and is “managed badly”, based on the fact it takes nearly a year to discover who’s breached the cap. <\/p>\n\n\n\n

It wasn’t announced until October last year that Red Bull had exceeded the 2021 budget cap, whilst the 2022 results aren’t expected to be announced until September. <\/p>\n\n\n\n

With inflation continuing to increase across the globe and with the budget cap itself being reduced, Croft is convinced that there’s an ongoing “brain drain” where staff are departing F1 to work elsewhere.<\/p>\n\n\n\n

\"Karun<\/figure>\n\n\n\n

Want to work in Formula 1? Browse the latest F1 job vacancies<\/a><\/strong><\/p>\n\n\n\n

“The cost cap is ruining a lot of things in F1,” said Croft on the Sky Sports F1 podcast.<\/p>\n\n\n\n

“Staff recruitment is being affected because teams can’t pay the money that business outside of the sport can. <\/p>\n\n\n\n

“Inflation is going up and the cost cap isn’t. There’s a brain drain with people leaving to work elsewhere. CFO are scratching their heads wondering if they’ve got everything right.<\/p>\n\n\n\n

“It is a hugely complex piece of mechanism that, does anyone actually understand. <\/p>\n\n\n\n

“I also think it is managed badly – why are we waiting a whole year to have auditors bring out the results, do it quarterly so teams know what’s going on and can make changes.”<\/p>\n\n\n\n

Chandhok, though, believes the budget cap has been “positive” for the pinnacle of motorsport. <\/p>\n\n\n\n

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\u2018#Verstappen<\/a> clause\u2019 revealed in Sergio #Perez<\/a>\u2019s contract https:\/\/t.co\/TxRSpBt6XC<\/a><\/p>— Formula1News.co.uk (@Formula1newsUK) August 5, 2023<\/a><\/blockquote>