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How Formula 1 teams are using tech to find an advantage in a lower budget cap season

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简介Charles Leclerc of Ferrari, Max Verstappen of Oracle Red Bull Racing, Sergio Perez of Oracle Red Bul...

Charles Leclerc of Ferrari, Max Verstappen of Oracle Red Bull Racing, Sergio Perez of Oracle Red Bull Racing, and Lando Norris of McLaren wait on the grid prior to the F1 Grand Prix of Australia at Melbourne Grand Prix Circuit.  

Image: Getty Images

In the latest Formula One (F1) season, racing teams have been slapped with a drop in the budget cap, from $145 million to $140 million per team. The dip in approved expenditure has meant individual teams must place more emphasis on cost efficiency and resource management than ever before. By that same token, the technology used by F1 racing teams also carries more importance than in previous seasons.

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