Having been a fan of sports based in the USA I have to admit it has lost some of the luster due to salary caps. You get a player, watch him develop, and then you lose them to free agency. Granted you may pick up a player or two along the way, but its just not the same as watching them grow with your team.
I know this isn't exactly what Bernie and Max have in mind, but essentially the end result will be all too familiar. Parity. And for me parity stinks.
Sports is supposed to be about competition. Put together a plan and execute it. Formula 1 is the only sport that comes to mind that actually does this by making rules and allowing teams to plan to be the most competitive they can be.
I am not judging other racing leagues that have done similar programs, however IndyCar, CART, and NASCAR have seen or are seeing a diminishing return on these decisions. I applaud and support Ferrari, Williams, and Renault in their early responses in rebutting any such action by Mr. Eccelstone and the FIA.
Although teams such as Menardi, Jordan, and Super Aguri in recent years and Shadow, Terrell, and Stewart in years past have had limited or little success, they all contributed to a sport to make it as great as it is.
Now, I know that rules and regulations in this sport have changed, and recently quite a bit. I will leave that to another day. But, for now, I hope that because of the current economy they don't overreact and put this sport on a one-way road that will put all the greatness in the rear-view mirror.