Valtteri, it's James. I need you to sign this expensive spring for Williams.

So using Comic Sans on your report would be a lesser infraction than going over the budget 5% Already unbalanced.

8:34 Using Comic Sans should clearly be an inmediate disqualification from the championship.

Maybe a really good spring signed by Valteri Bottas is all Williams needs to win though?

Ferrari could not win with half a billion dollar budget. I don't know what they're going to do with 145m.

3:17. Hit driver with mallet before race😂😂😂😂😂

"We're just developing this F1 style engine for our road program, then for other reasons we're not using it on the road, so we've stuck it in the back of our F1 car". This year Red Bull have given Adrian Newey his own personal supercomputer for his home, and if he happens to spend every waking moment running CFD, who are we to stop it?

Can't teams just hide salaries as end of year bonuses? Like Mercedes saying "If we finished higher than ninth in the Constructors Championship in 2021 (which they will) your Bonus will make your minimum wage Job with pay you deserve.

"even if it's a good spring signed by Valtteri Bottas" Deaddd 😂😂😂

It would be nice to see the cost cap be followed up with some relaxation of the technical regulations to allow for more innovation. Mercedes had the money to develop DAS or their blown wheel hubs, above and beyond what most teams budgets could have ever allowed. Same with Red Bull developing their blown diffuser. Small teams never had the spare capital to try and figure out how to copy those designs and make them as good. Meanwhile, a small team would find some great idea copied swiftly and then be out developed. Tighter budgets and restricting development hours means that teams will be able to pull themselves up the grid by developing an idea with skill and knowledge, and it'll take time for last year's champions to develop their version of your great idea.

“Driver hit with mallet before race” lol

I want a spring signed by valteri bottas

This should be interesting

12:15 They might've gone over 100% for when/if more teams join the grid, because in this case the top team will still have 75%, no matter the amount of teams. If they would benchmark the lowest classified team as 100% and 2 more teams join in, the top team would lose another 2/15th of their otherwise allocated aero development time.

5:51 Skill Strategy and Ingenuity = Schumacher, Todt and Brawn? AMAZING!

Three years ago I saw a video on your channel for the first time, it is incredible how much you have improved the animation. Congratulations, you always produce very high quality content.

Your videos are so informative, thoughtful, and easy to understand. You're a legend, thanks man!

Was just thinking when will you are going to publish something on this topic and you uploaded this video. Thanks a bunch mate.

this was a really good video dude. Love your stuff. Always makes me happy to see one. Also, I love watching your editing improve little by little every video, like the wind tunnel stuff in this one. Great job as always mate.

Phenomenal explanations and research into these videos. absolutely love it!!

I follow several F1 youtubers, but you are by far the most knowledgeable and do the best job of explaining all the F1 intricacies. Well done Sir.

I just love your videos and educational expertise. Thanks for all your efforts. I continue to learn and enjoy F1.

Thank you chain bear. I would be lost without your videos. They are so helpful. I love your work.

Rlly needed this vid Thx

Just started getting into F1, these videos are great and very helpful. Keep up the great work.

Seriously though, why would anyone down vote a chainbear video? 🤦‍♀️

Great video, thank you for simple explanations of such complicated things!

I loved this video a lot by the way, very informative *and* very fun!

Awww man that wind tunnel animation oh wow so pretty

All in favour of a cost cap but I'm a bit 50/50 on development caps, just feels a bit off capping development in the "pinnacle of motorsport". I guess it depends if you want truly the best cars that teams can make or competitive racing, maybe they'll balance both but it'll be interesting to see🤔

Finally. I was anticipating this yesterday after reading the news. Great breakdowns! Thank you

Chair Bear's absolutely amazing videos!! ❤️

10:21 3.6 Roentgen

I think this is the adjustment F1 really needed for years! I am stoked to learn how it turns out!

Really good explanation. Thank you!

I like the idea of spending caps to make F1 more competitive, but if it reduces the developments that we see coming out of F1 (which it will) then I think it invalidates a major reason why F1 is important to several of the large manufacturers.

A very informative video except that you have to first watch an ad from youtube at the start and then watch another ad for a minute from the sponsors and watch one more ad in between the video

Excellent articulation!

It’s be interesting if the cost cap works because you might see the slow return of teams such as Manor although it’s unlikely meaning there are more teams on the grid year after year and thus more competition than just 20 cars.

Wow thank you for this!!

3:16 "hit driver with mallet before race" is waaay better than thr cost cap

Video length on point

Cost caps are such a good idea imo. It levels the playing field and makes it an even fight (at least money wise) i think from this alone we will see much closer racing and different winners throughout the season

Chain bear. great vid as always. What do you use to animate your videos btw. would love to see a behind the scenes look into the making of a video.

Wow, impressive, you can make such detailed information extremely tangible

SO HYPED, THANKS F1 for taking action!

Thanks! This will be great to watch play out in the real world

I really like the wind tunnel idea. Off track meddling that we don’t see until the cars are racing

12:15 Why they didn't put 100% at slowest team? Maybe it's for adding new teams. That way if the number of teams changes, it's easier to adjust and make clear what is and isn't allowed.

Great graphics. Thanks

Aero development time caps will be very interesting to see how they affect things! 1 question where these new caps voted in/on by teams? Just thinking if the 'big 2' have agreed do they know it wont really affect their conpetitive order? Good vid!

As soon as you put up the spending amounts I saw the corellation immediately. The amount a team spends almost exactly reflects where they end up in the constructors championship.

Interesting changes. I really hope they work out.

Really excited for these changes coming in the next few years.

I am pretty excited for this

8:37 or you used comic sans or something. Lmao 😂

The nice thing about the aero rule as a system to hamper winning teams is that: 1 - it does make it harder for a team like Merc to get the aero on the car perfect, hopefully opening up the comp to smaller teams. 2 - They can theoretically still pull off a radical, ingenious idea, like F-ducts, or reduce time required in the wind tunnel with exceptional engineering. And that type of development is really about having the right people and winning through skill/brilliance, rather than just a stack of $$$.

I like the cost cap as it addresses some of F1's issues without turning it into a spec series, but the development cap sucks. They should be narrowing the gap by putting everyone on an even playing field instead of prescribing handicaps. With less R&D time the top teams will be more likely to stick with what already works, as they won't have the time to risk on testing something new, and it will end up stifling innovation

It is a money game for the constructors however, skill is needed for the drivers to get into the big teams - the big teams encourage/ensure a good future for young, talented drivers e.g. george russel and mercedes. With the price cap, for the drivers it is more of a lucky dip to which team they drive with. I am unsure whether this is a good or bad thing

My main issue with this is the limiting of R&D time as it really isn’t any different to something like ballast. Ballast is more immediate and effects teams race to race whereas limiting R&D is more long term as it will be season to season. Whichever way you cut it though it’s still a succsss penalty - an artificial way to slow down the fastest team/driver until they’re not the fastest at which point the success penalty is reduced/lifted.

2021 is gonna be amazing to watch. Equal field, anyone could win.

With the aero testing budget, I wonder if Red Bull could ask Alpha Tauri to test a certain thing for them or if Mercedes ask Racing dot to test something in exchange for a nice spring signed by Valtteri

If you use comic sans in your financial reports: Drive though penalty.

GREAT!!! Hope it will work for the Good of the Sport. Cheers

9:55 “The FIA are very reticent to undo results once they’ve been ratified” Um watching this in Feb 2022 and how relevant this statement still is

Actually success ballast works very well in SuperGT, keeps the racing exciting

Great Video. Trank you Very much.

That aero development what a seems flawed to me🤔

the cost cap the main issue i see is how difficult it will be to police im not sure i like the wind tunnel time reduction though, maybe with a period of stable rules it might produce the desired effect, but whenever there is a rule change that is going to give teams who did worse last year a big advantage rather than levelling the playing field something that the recent talk of customer cars made me think of which i feel like could be a better solution would be if at some point during the season (towards the end), all teams made the designs/details of that years car public, that could include wind tunnel data etc etc. there is already some copying of ideas but teams try to hide stuff. this to me seems a better way of having every team start each new season on a level footing.

Imagine this: a team massively overspends, gains enough advantage to be competitive and wins the championship. After that, they pull out of F1 completely after the last race in November. Then in March they're found guilty of overspending but there's no way of punishing it since said team isn't a member of F1 anymore.

I'd also love them giving lesser performing teams a bigger stock of components they can change during a season before receiving penalties. like for every 2 or 3 places down on championship rankings, you can change one more engine and not be put at the back of the grid. It'd give those teams the ability to tinker with their design, and not suffer both on the current race, but also on the next one because of being placed at the back

This is all just so great.

Honestly like the part of leveling out the field by for intance the cost cap. But do not like hindering rules like reduced wind tunnel hours for the winners.. it should be a even playong field, not being punished for winning..

I think a way to make the grid fairer is to make the engine setup and rear and front wing between every team be the same during qualifying, so basically spec racing for qualifying, I understand richer teams will afford better drivers but I feel that’s fair, and the aero dynamics on the main body will be focused on and the teams with better aero should perform better but I don’t know a way around that. Opinions?

This could have a very interesting side efect: Since drivers are not included, that means the larger teams can spend a LOT of money on drivers outside F1 itself to try to promote the best ones into F1, and since this does not guarantee these drivers will drive for the largest teams this could spill over other teams and drive up their competitiveness.

I completely agree with the budget caps but I dont agree with the Aero R&D limiting because to me that isnt much different than adding a success ballast and like you said can you really consider yourself a champion if youre fighting a crocked opponent. One thing I would like to see is the budget cap include things like drivers wages, pit crew wages, team principal wages etc with only administrative staff excluded from that umbrella.

I really like this initiative. I've felt since 2010 that F1 had fallen into a sort of rut of a 3 tier race, where the top 3 teams were in the first tier and held the podium 95% of the time, and then the next 3 teams were always between 6th and 12th, and then the last 4 to 6 teams rounded out the field. It almost felt like a multi class race. It took the drama out of it and made it really boring to watch. It'll be nice to hopefully see more competition and mixed fields.

This needs updating as Driver compensation is to be included into Team Salary Caps, Mercedes will now factor a driver as a performance aspect of team performance. New rules seem to be agreed for next year. High cost drivers mean reduced technical budget and vice versa.

i dont know all the details but it sounds like there are too many loopholes. like underpaying ferraris staff for 10k/year but giving them 100k bonus if they finish higher than 9th in the constructors. a bit exaggerated but you get the idea

3:17 "Hit driver with mallet before race" Chainbear getting REAL creative

I was thinking what if I designed a car and did rigorous testing with cfd at home, I approach a team and say look I’ve got this I think it will be 1 second clear of 2nd place they hire me and now have a car which has had a huge amount of hours of testing but can still have testing done as it is a new design to the team so can have up to the limit added on for testing. Surely that would be a way around it. Unlikely yes but possible.

It would have been better to make a total cost cap period and get ride of the Constructors Champion Bonuses (CCB) then maybe there would be some hope. As long as there are sweet heart deals in the back rooms, there will never be more than 2-3 competitive teams.

I really look forward to this new generation of F1. It makes races more interesting and unpredictable.

3:10 Lol, I genuinely love that Mr. Wolff editing. 🤣😂 5:55 Ah yes, Schumi, Todt and Brawn. Basically the much more intelligent... ummm... name for me a rock band with just three members.

Looks like the March deadline on the previous year’s finances means that the FIA is capping spending per year, not per season. Having a fiscal year end on 31 December wouldn’t make sense whatsoever if it were done by season, as December’s budget is directed toward the following season, as opposed to the previous January/February, which would be the previous season. Having the report date in March is right after the teams spend the most money on development. At that point, teams will know how much they can spend, as opposed to having the ability to manipulate the books throughout the season to hide development spending.

If this works I can see a change back to fewer car restrictions, with a limited budget teams might be able to do more exciting things, IDK just a thought.

"2020 is a bit of a shitshow" Understatement of the week so far

3:16 "Hit driver with mallet before race" 😂

The staggered development times seems like a cool and good idea, I just hope that it won't result in teams tanking at the end of a season to try and get more research time during the off season.

I'm not entirely sure how the development cap (the windtunnel max) is going to achieve "skill=performance". If all the teams have the same amount of access to this, then it would be a matter of which teams are using their time best, that means a skill. Of course it would make it easier for the teams doing poorly to catch up, but I don't see that as "skill=performance". In fact, I see it mores as "doing poorly=performance".

I stopped watching F1 a long time ago due to how dominant some teams have become. I've recently stumbled upon your videos, and this one suggests that F1 could get very competitive very soon. I might give a 2021 season a shot.

I think they doing an awesome job here. The "Formular" in F1 basicly discribes, that everyone has to use the same formular to compete. But over the past, due to the diffrences in budged, they didn't. These rules now, taking everything that works well in others sports and putting the formular back on the development. Still, it gonna be years, before teams equal out, cause they have such a high diffrence in experience today.

The budget cap was a great step in the right direction to level the playing field. Now they need to address the prize money distribution for constructors. I think the made some changes last year in the 8th Concorde Agreement but looks like it's still heavily weighted towards the top teams. The bonusses for the top 3 especially are ridiculous (more than the fixed amount of Col 1 and the points-based amount of Col 2!) and are going to teams who are going to make money hand over fist from their success anyway, from sponsorship deals, advertising, investors, etc. The share that Ferrari get regardless of their results for being a "historic team" needs to end. That just reeks of collusion and favoritism at this point. Last year they got more money than any other team including the teams ahead of them! Doubt anything will change with Stefano Domenicali at the wheel of FOG though... If they want to reward longevity---which is laudable---they should distribute that share among the teams proportionally to the number of consecutive years they've been competing. Ferrari would still get the biggest share but it would also reward teams like McLaren, Williams, Sauber... who have stuck to it through thick and thin. It would also incentivize others to stay in the race rather than leave and come back based on their own R&D or marketing needs, or the whims of their management (e.g. Renault and Honda).

I'm all for the FIA and FOM announcing Williams can run cars with jet engines, as long as it is at one of the night races... Sparks and high reflective paint are good... BUT TAIL FLAMES would be awesome!

This will make F1 more fun and fair again! Can't wait for 2021!

Best comprehensive video review on the internet

MotoGP had a similar set of “concessions” rules a few years ago where smaller teams could use more engines and softer tyres throughout a season

1:33 Renault's invisible budget

What I dont understand is why the next technical regs are even tighter than the current ones. That doesn't mesh with the restriction in budget as far as I see it.

interesting that bonuses are excluded - feels like banking where salaries will be low, and top teams will be able to afford huge bonuses for employees.