Ross Brawn believes that the cost cap and rule changes introduced into Formula 1 ahead of the 2021 season have contributed to this season being particularly competitive.
The title battle between Lewis Hamilton and Max Verstappen has proved to be intense throughout the year, and this looks set to continue during the final six races.
Brawn thinks that the sport is in a very good place due to the extra work required when resources are more limited.
"Both championships are poised to take us through to the end of the season and provide one of the most exciting ends to the year that we've had in a long time," Brawn wrote in his column for Formula1.com. "F1 is blessed.
"Why are we having such a great season? When I ran teams, there was no silver bullet. It was a case of chipping away at everything to make incremental improvements. I believe it's the same with the sport.
"There is no doubt in my mind that the cost cap and the rules changes that were implemented are having a positive impact on the closeness and intensity of the championship.
"There is no capacity for a team to pour massive resource into a championship and try and run away with it. The resources are now limited and the teams are also focused on next year's car, which is requiring a lot of time and resource. And this is all contributing to a close championship.
"We still want a meritocracy. We still want the best team to win. But we don't want them to win by a country mile simply because they've got a bigger budget than anyone else.
"It's pleasing to see the way things are developing."
In light of this, some may question whether the sport needs the extensive regulation changes being introduced for the 2022 season.
Brawn argues that there is still work needed to increase the cars' ability to follow each other and overtake.
"This weekend I heard some comments around whether the 2022 regulation changes are needed given we're currently enjoying such a golden season this year," Brawn said.
"I think that fails to understand the fact that, while the championship is thrilling this year, the cars still struggle to follow each other closely and create overtaking opportunities.
"While the 2022 rules won't change the situation overnight I think they are a much better platform to improve the racing on the track and I'm sure that once the new rules have settled down, we will see some incredible races and championships in the future, with even more wheel-to-wheel action."
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