Abstract: Science Set Journal of Economics Research

Abstract:
This essay examines the impact of money and budget caps on F1 teams, uses linear regression analysis to study the operating exp) and performance of the participating teams (the rate of progress in the results), and discusses the positive and negative effects of the budget cap on the teams. The results showed that a modest increase in investment could help teams achieve better results, but the introduction of the budget cap reduced this effect. This study highlights the importance of the budget cap in promoting fairness in F1 races, and the need for teams to allocate resources appropriately under the budget cap to maximize eficiency.