DOAJ Open Access 2023

Predictions on the impact of the budget cap on Formula 1 teams’ performance

Vasileios Kallimogiannis Christos Massouros

Abstrak

This study aims at quantifying the impact of the budget on the performance of Formula 1 teams. Until recently, the budgets of Formula 1 teams varied, thus, a competitive advantage was provided to those that consistently had greater funds than others. Understanding how dominant the effect of the budget is in the performance of a team will provide significant findings since a cost cap that aims at balancing the financial field, has been recently introduced. Prediction models regarding the team that performed better on a relatively lower budget will provide insights regarding which of them may thrive in the future.

Topik & Kata Kunci

Mathematics Probabilities. Mathematical statistics

Penulis (2)

Vasileios Kallimogiannis

Christos Massouros

Format Sitasi

APA MLA BibTeX

Kallimogiannis, V., Massouros, C. (2023). Predictions on the impact of the budget cap on Formula 1 teams’ performance. https://doi.org/10.23755/rm.v47i0.1179

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Informasi Jurnal

Tahun Terbit: 2023
Sumber Database: DOAJ
DOI: 10.23755/rm.v47i0.1179
Akses: Open Access ✓