You actually think a spending cap would work. In a sport that is mostly parts and pieces with team owners owning several businesses it will never work. For example say RCR purchases engines from ECR and nascar says you cant spend more than 3 million a year on engines. Well ok ECR could spend 8 million a year developing, testing and producing engines but only charge RCR 2.5 million for the engines and wow look we didn't exceed our budget. Same thing with every other person on the team you could be limited to a salary that the race team pays them, but they could be paid to be a consultant for another business for the race team owner. IMO it will just never work for racing.
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