In 2019 Williams received $60 million from Liberty while Ferrari got $205, MB got $177 and Red Bull $152, not suprisingly Williams isn't competitive and can't afford to stay in business. An extra $100 million would help a mid pack team compete with the top teams (or in the case of Ferrari to Williams $145 million).
https://www.racefans.net/2019/03/03/...2019-revealed/
Then look at the estimated revenue and operating income per team and I doubt this will be the last team up for sale -
https://www.forbes.com/sites/chrissm.../#4c48b43a1ddb
With the current system top teams will remain at the top and the rest will be fighting for mid pack places and trying to survive financially. Spending caps sound like a step forward but I think impossible to enforce. If MB has an aero project at their Alabama plant that is 90% F1 and 10% production cars but flips the numbers it will be impossible to figure out.