Formula 1 News: Perez backs Vowles over F1 cost-cap reform

(GMM) Sergio Perez (pictured) has backed James Vowles’ push to rethink Formula 1’s cost-cap, arguing that the current system can actually make life harder for smaller teams. The Cadillac driver said newer operations must spend more simply to build the systems and efficiency already established at the front. “We’re a new and small team,” said the Mexican. “I think budget constraints hit smaller teams like ours much harder.” Related Article: Formula 1 News: Vowles pushes cost-cap change for ‘two-tier’ F1 grid Perez compared that with his time at Red Bull. “When I was driving for Red Bull, we were able...