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F1 budget cap must be 'priority number one'

Renault team principal says the proposed Formula 1 budget cap should be "priority number one" for Liberty Media. F1's American owners want to introduce a reported $150million cap on spending per year s part of a raft of regulation changes planned for the 2021 season. F1's major manufacturers, Renault included, comfortably outspend the proposed limit and Mercedes team boss Toto Wolff has said the  suggested figure is "not achievable". The suitability of the cost limit has been put into doubt by Force India going into administration this season, despite their budget coming in well below $150m. With new engine regulations also likely to take up plenty of thoughts ahead...
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