Sky Sports News understands that the builders only committed “minor” offences, which would carry less severe penalties; The certificates of compliance were expected to be released on Wednesday, although the FIA has now pushed it back to Monday.
Last update: 05/10/22 5:10 pm
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Craig Slater and Ted Kravitz anticipate no major breaches as Formula 1 prepares for the long-awaited decision on cost caps.
Craig Slater and Ted Kravitz anticipate no major breaches as Formula 1 prepares for the long-awaited decision on cost caps.
The FIA has delayed its decision to reveal whether any teams have breached budget cap rules until Monday.
The FIA was anticipated to reveal those who missed last season’s $145m limit on Wednesday, though that has now been pushed back to October 10 and after this weekend’s Japanese GP.
In a statement, the federation said: “The FIA informs that the conclusion of the analysis of the 2021 financial presentations of the Formula 1 teams and the subsequent publication of the certificates of compliance with the financial regulations will not take place on Wednesday 5 October.
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Accusations that Red Bull broke F1’s cost cap continue, but is there any truth to them? Could they really cost Max Verstappen his 2021 title?
“The analysis of the financial presentations is a long and complex process that is ongoing and will conclude to allow the release of the certificates on Monday, October 10.
“The financial regulations were unanimously agreed by all competitors, who have worked positively and collaboratively with the FIA cost cap administration during this first year under the financial regulations.
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Ahead of this weekend’s Japanese Grand Prix, we look back at some of the most memorable moments from previous races at the Suzuka Circuit.
“As previously communicated, there has been significant and unsubstantiated speculation and conjecture in relation to this matter, and the FIA reiterates that until this is finalized, no further information will be provided. The FIA also reiterates that any suggestion that the FIA has revealed confidential data the information is equally unfounded”.
Did Red Bull break the budget cap?
Red Bull faced unproven allegations at last weekend’s Singapore Grand Prix that it exceeded F1’s cost cap last year, underscoring the legitimacy of Max Verstappen’s already controversial victory over Lewis Hamilton.
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October 6, 2022, 5:00 a.m.
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News is now not expected until after this weekend’s Japanese Grand Prix, a race in which the 25-year-old Verstappen could secure his second title in as many seasons if he wins and sets the fastest lap. Red Bull have been accused of spending more than they were allowed, possibly more than five per cent, which would equate to more than $7.25m (£5.6m).
The sanctions available to the FIA for an infringement range from a reprimand to financial penalties, deduction of drivers’ and/or manufacturers’ points, and even exclusion from the championship.
However, Sky Sports News understands that only ‘minor’ breaches of the limit have been made, which is an overspend of less than five per cent and would carry less severe penalties.
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Red Bull boss Christian Horner says he is “not aware” of any F1 budget cap breaches during the 2021 season. Mercedes boss Toto Wolff described it as a “heavyweight” issue.
Hamilton was denied a record eighth crown when Verstappen defeated him in a deeply contentious final in Abu Dhabi on December 12, finishing eight points behind his season-long rival.
Mercedes boss Toto Wolff has demanded that the FIA crack down on any team found to have broken the rules. Christian Horner said he was confident Red Bull was not in breach and accused Wolff of “grossly defamatory and fictitious statements”.
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October 9, 2022, 5:55 a.m.
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The Red Bull team principal has also threatened legal action against Mercedes over a toxic weekend in Singapore.
Asked after last Sunday’s race in Singapore, which Red Bull driver Sergio Perez won, if he was nervous about the FIA’s verdict, Horner said: “No. We are absolutely confident in our submission. Our audit was approved”. by our auditors. We think we’re comfortably within the limit.”
Watch the Japanese GP live on Sky Sports F1 this weekend, with qualifying on Saturday at 7am and the race at 6am on Sunday.