Brown: FIA, not Liberty, should impose budget cap

McLaren CEO Zak Brown says the FIA should take greater control over the proposed budget caps that Liberty Media are looking to implement in Formula 1. Ferrari and Mercedes have issued concern about the plans, which would see their current levels of spending on car development slashed dramatically.

The Scuderia have even threatened to quit F1 after 2020 if the budget cap and changes to engine regulations are introduced by F1's American owners.

Brown believes that world motorsport's governing body ought to be the ones who enforce such a regulation, rather than the commercial stakeholders.

"I think some of the budgets here in pit lane are some of the largest that there's ever been in Formula 1," Brown said.

"I think between the FIA and Liberty, it feels to me like cost cap and cost containment should be a commercial issue in which the FIA regulate it and governs it. I think that it potentially needs better alignment between Liberty and the FIA.

"I've heard that their support of cost cap and cost containment but we don't really have anything definitive on the table, which I think we are all asking for.

"Every other business in this day and age has figured out to make their business more efficient, more cost effective and deliver more value both to the racing teams to create franchise value and also deliver a better product for the racing fans.

"It needs to be addressed, it needs to be on a bit of a glide path as potentially the numbers they're talking about will impact the top four or five teams."