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Steiner hopes budget cap attracts new manufacturers to F1

Haas boss Guenther Steiner has expressed optimism that Formula 1’s impending budget cap will make the sport a more attractive proposition for manufacturers. Formula 1 has not attracted a manufacturer since 2015, when Honda returned after a six-year absence, while Renault stepped up its involvement from an engine supplier to backing a fully-fledged factory team in 2016. Aston Martin will return to the grid in 2021 but its involvement is largely a branding exercise of the team that currently operates as Racing Point. ADVERTISEMENT A couple of prospective new teams – Panthera and a Campos-linked operation – expressed an interest in joining the grid for 2021 but the FIA did not open a...
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