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Formula 1 teams are set to discuss a potential overhaul of financial regulations for 2027 aimed at ending what has been labelled a “cost cap trap” for smaller squads.
The Race has learned that a push by Williams team boss James Vowles to revamp F1’s cost cap with a catch-up mechanism is set to be raised at the next meeting of the F1 Commission.
We can reveal more about the plans being put forward, who Williams has on-side and who it needs to win over, and how this whole situation came about.
00:00 The big-four lockout
03:00 Locked-in legacy advantages
06:41 Williams's plan
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Published: 2026-10-07 Chanel: THE RACE