McLaren CEO Zak Brown believes Formula 1's move to introduce a cost cap will result in a more competitive field, opening the door for more teams to win races like in IndyCar.
The 2021 season will see all teams operate under a $145 million cost cap, making it the first time spending has been regulated. Brown believes the changes will benefit the sport as there will now be more opportunities for surprises.
"Effectively, you've got six or seven teams that are all going to run at the budget cap," Brown told Autosport. "AlphaTauri is very well funded. They kind of keep their head down, but I don't think that team is short of resources. Clearly Lawrence Stroll is investing a lot of money in his team. You then have Renault, who I think is at our level.
"You've got seven teams that I think are all playing with the same size bat, if you like, and I think that's great. Not only do I think we have a better chance of getting first or second in the future, I think it's a seven-car team race.
"I really don't think you can write anybody off. But again, that's good for the sport. I hope what we get to is more of an IndyCar-type championship, where your big teams are still the ones that win the championships at the end of the day, but other teams win races.
"It would be great if we went back to three or four race wins gets you the championship, not 14."
McLaren are one of the teams that could reap immediate rewards from the new rules as they finished third in last year's constructors' championship with two podiums.