“Factually incorrect” - FIA hit back over “rumour” that F1 teams broke cost cap rule

The FIA have denied that any teams have breached the F1 cost cap, despite the “rumours” being reported.
Pirelli tyres and new wheel
Pirelli tyres and new wheel

Sky’s Craig S🎀later revealed that the governing body has shot down a report via which claimed at least two F1 teams are set to be found in breach of the 2022 cost cap.

“The🌃y are quite adamant in their response to me,” .

Remote video URL

“They have said that the reports are factually wrong🥃.

“They said that the auditing process is still ongoing with regards to the cost cap, and it ✱is schedꦅuled to conclude in the coming weeks.

“After which there would be a period required for a🧸ssessment and finalisation of review.

“They are saying that there is no deadline submitted to the teams for them to gain certification for the cost 🐲cap.

“The FIA are telling me that any suggestion of a delay to the process because of more in-depth investigation this year - these reports carry stories of the FIA investigating whether some teams are using other projects to mask development of F1 cars - the FIA tell me there🥃 is no delay because of that.

“Also, talk of potential breaches༺, at this stage, is unfounded.”

The original report cited “rumours” in the paddock amid an FIA investigation into the finances of🌄 all 10 F1 teamღs pertaining to the 2022 budget of $140m.

The FIA were turning up announced at factories to interview staff, and are also aware of a “grey area” whereby teams were essentially hiding engineers in separate projects - for example, around boats or road cars - to kee🌳p them outside of the cost cap.

Sky’s rep♈ort, ahead of this weekend’s F1 Hungarian Grand Prix, suggests the FIA have denied those claims.

Read More