Brown calls for F1 to be reset 'as quickly as possible'

McLaren Racing CEO Zak Brown has called on Formula 1 bosses to get the sport reset "as quickly as possible" by introducing a budget cap for 2021 instead of using a glide path that would reduce costs gradually over a number of years.

F1 team chiefs are currently engaged in talks with F1's commercial rights holder to discuss new arrangements and rules for 2021, with a budget cap being key to proposals.

While privateer teams such as McLaren have been enthusiastic in their support for a budget cap, manufacturers such as Mercedes and Ferrari would need to make more deep-rooted changes to come down to the budget cap level, which is expected to be set at $150 million per year.

The idea of a glide path that brings costs down gradually has been raised, but Brown said he felt it would be better to bring in the cost cap as soon as possible to improve on-track competition and give more teams a chance to fight at the front of the pack.

"There’s FOM’s cost cap, of their revised revenue distribution. I think that’s going to be very healthy for the entire sport and ultimately put on a much better show for the fans which is what the sport is all about," Brown said.

"I wish they would start the full budget cap immediately in 2021 as opposed to a glide path, ’21, ’22, ’23, as I think let’s get the sport reset as quickly as possible. I’m looking forward to that.

"I think that will get not only McLaren but other teams more competitive, and I think that we’d all agree if we came to Abu Dhabi and there were eight or 10 drivers that could win as opposed to the two that we would all guess, it would be a better show for the fans and healthier for the sport, our partners, and television.

"I think we’d all win in that situation."