Williams CEO and team principal Jost Capito has explained the benefit the team's new-found financial security has provided.
The Grove-based team slipped from an encouraging spell in the mid-2010s to an outfit struggling for results and money.
The Williams family stepped back from the operation as Dorilton Capital took over halfway through 2020, with George Russell and Nicholas Latifi securing the team's first points in two years at last season's Hungarian Grand Prix.
Speaking to GPFans at the end of 2021 ahead of the introduction of F1's new regulations for the upcoming season, Capito explained: "Of course, having the financial security is a big benefit for the team.
"Now, you know the development is more limited by the cost cap in the future than it is by resources.
"In the past, for Williams, it was definitely limited by the resources that were available.
"As this is not an issue anymore, and the cost cap is the same for everybody, we are getting to a much more balanced battlefield.
"Of course, it is also easier also to develop a car with a mindset that we have the financials to improve the car, and not just we have one shot then that's it.
"That's the mentality in the team and for the motivation in the team, this is a huge benefit."