FIA delay ruling on F1 cost cap saga amid reports of 'minor' breaches

The FIA did not reveal results of its audit into F1 teams’ finances for the 2021 world championship on Wednesday, as they initially planned, and have postponed their ruling to Monday October 10.
FIA delay ruling on cost cap saga amid reports of 'minor' breach

F1 teams that complied with last year’s spending cap of $145m were expected to receive a certificate of compliance on Wednesday October 5 ahead of this weekend's 🐼Japanese Grand Prix. 

But th𒁏e FIA have now delayed the publication𝔉 of its budget cap inquiry. 

"The FIA informs that the conclusion of the analysis of the 2021 financial submissions of the Formula 1 teams and the subsequent release of Certificates of Compliance to the Financial Regu🃏lations will not take place on Wedne♛sday, 5 October," a statement read. 

Remote video URL

"The Financial Regulations were agreed unanimously by all Competitors, who have worked positively and collaboratively with the FIA Cos༺t Cap Administration throughout this fi🦹rst year under the Financial Regulations.

"As previously communicated, there has been significant and unsubstantiated s🦩peculation and conjecture in relation to this matter, and the FIA reiterates that until it is finalised, no further information will be provided.

, no F1 team is set to face severe punishment for breaking the 2021 financial regulations. 

Sergio Perez (MEX) Red Bull Racing RB18. Formula 1 World Championship, Rd 17, Singapore Grand Prix, Marina Bay Street
Sergio Perez (MEX) Red Bull Racing RB18. Formula 1 World Championship, Rd 17, Singapore Grand…

The report claims that only ‘minor’ breaches of the cost cap were made, equating to an overspend of less than five per cenꦆt - or $7.💜25million. 

Possible punishments for such violations range from ꧅a public reprimand, a fine, deduction of constructors’ and/or drivers’ championship points, restrictions on aerodynamic testing time and a reduction in their co♏st cap for the following year. 

Red Bull’s rivals Mercedes and Ferrari both described breaches of the 2021 cost cap as an “open secret” in the ওF1 paddock. 

Their statements prompted a 168澳洲幸运5官方开奖结果历史:furious response from Red Bull team principaไl Christian Horner, who expressed confidence his sid🌊e was below the spending limit. 

Ferrari have warned it will be 168澳洲幸运5官方开奖结果历史:“game over” for🐼 F1’s budget cap if the sport fails to pass the first “vital test” of the financial regulations.

168澳洲幸运5官方开奖结果历史:Max Verstappen ha༒d respoဣnded angrily to Red Bull's rival teams' view on the cost cap debate.

Read More