"It is something that I have mixed views about. In some respects as a new team you like big rule changes because it is a great leveller. In other ways, as a new team, maybe you don't have the number of people and the facilities to cope with it – but bring it on. Whatever it will be, we will get on and deal with it."
Gascoyne believes that as well as forcing teams to make big suspension changes, the change of tyre size will have other implications on car design.
"The aero implications are very big as well, it is huge. That is why I think we need to think carefully.
"Obviously there will also be less air in the tyres, so pressure management and all things like that become easier. There are less variables though.
"Obviously with the sidewall stiffness, a variable is taken away out of the suspension system, so there is a lot more space within the uprights – but do you then start damping the wheels and all sorts? We need to think quite carefully about it - that we don't end up allowing huge expense back into the sport."
He added: "Some of the big teams may not want it themselves because they will want to maintain the status quo, but there is a big aero change with the ban on double diffusers anyway – so teams will have to design new cars.
"But from my perspective, every time there is a rule change we are not having to catch up with the two or three year's development we are behind, so we look forward to a big rule change. We will get on and deal with whatever it is."
Gascoyne is also wary about the prospect of a new tyre war in F1 – with the FIA having favoured a standard tyre for the last few years in a bid to bring down costs.
"I think tyre wars, with limited testing, will be hard," said Gascoyne. "Tyre wars are great if you are on the right tyre, but pretty bad if you are on the wrong one. And again, tyre wars have never brought down costs, they only make them spiral upwards. So again I think we have to be careful about that."