Hello everyone,
I have an idea for a new racing series. The rules would be very open, compared to most current series. The main regulating factor in the series would be the team budget, as opposed to the technical rules and regulations. The technical rules would only give safety regulations, and some performance regulations. The team budget would be raised through sponsor donations, merchandise, and any other means. There would be a cap on the total budget for each team (say, $250 million as a guess), and that would be used to buy all the parts for the car and pay for team member salaries. These are the two areas of focus for team spending.
1. The car- The rules would allow almost any chassis/engine package available on the market, or if the team desires, to design their own car. This gives two choices for a vehicle.
-Buy a current design- Most old F1 cars, GP2, F3, Champ Car etc. or DTM, ALMS, FIA GT3 etc. would be allowed by the rules. This would allow for older chassis to be used, and prevent them from becoming obsolete. There would be no limit on modifications or redesigns to the car. Yes, open wheel type cars tend to be faster than saloons, but provisions could be made to help equalize performance (similar to FIA GT3).
-Ground-up design- If the team elected, they could design their own car, with whatever parts they wished. This could lead to very detailed customization of the car (as opposed to purchasing, then modifying a chassis). Spending could be more easily monitored since the team purchases and designs each part individually, rather than what comes with a purchased car.
2. Team Personnel- If the team kept car spending under control, more money could be spent on personnel. More experienced engineers, mechanics, and team management personnel could be had on the team, leading to better chemistry and, hopefully, results. The experience of the designers and engineers would lead to new ideas and tricks, based on their observations. This would lead to exciting racing.
Notes:
--Budget would not include team capital expenses (workshop, travel, tool, and clerical expenses).
--The personnel budget would NOT include driver(s) salary. This would be an area for open spending, leading to higher competition for more experienced drivers.
I think it would be cool to see all the different types of cars on the track at once. The different types would lead to different race strategies (very fast, larger engines vs. smaller, better handling and fuel economy). As long as the cars were kept somewhat equalized, the racing would be very exciting. Please let me know what you think! Any suggestions/criticisms would be welcome! I just think this is a cool brainstorming exercise that uses a different means for regulating a racing series. Thanks!!