Budget cap, light hand of the FIA: “Red Bull has overrun, but only slightly”
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Red Bull guilty but not too much: it is accused of procedural defects in the presentation of the documentation on the budget cap 2021 and a simple “slight overspending violation of financial regulations”. Two other teams were also slightly flawed: Aston Martin again for procedural issues and Williams, although compliant with the spending ceiling, also had a problem with the cards which they promptly remedied. The other 7 are in order.
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It took almost a year and the three-time postponement of the federal report to reach a conclusion on the violations of the 2021 budget cap by the teams that looks a lot like what many expected. In recent days from Maranello, team principal Mattia Binotto had said he was pessimistic about the outcome of the investigations into the overrun of the spending ceiling in the past season (it was 145 million dollars) by some teams including, the most suspect, was precisely Red Bull: “I’m afraid the story will melt like snow in the sun”.
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Effectively. Not only is it not said how “slight” the infringement by Red Bull is, that is, how much it spent more than allowed (in 2021 the ceiling was set at 145 million dollars “). To be considered minor, the overshoot must be below 5% of the ceiling. There are not a few, 7.5 million. They allow developments and tenths of advantage on the track that reverberates in the seasons following those in which you invest. In addition to the extent of the infringement, the penalty is also missing. The FIA explains that “the Cost Cap Administration is currently determining the appropriate course of action to be taken under the Financial Regulation in relation to Aston Martin and Red Bull and further information will be disclosed in accordance with the regulation.”
But as minor offenses have been detected, simple fines will likely be given to offenders. In an exercise that lasted too long (a year) and postponed for incomprehensible reasons, if not because there were evidently controversial points. The federation itself somehow admits at least the complexity of the calculations: “The review of the Reporting Documentation submitted was an intense and comprehensive process and all competitors gave their full support in providing the information necessary to assess their situation. financial regulation during this first year of the Financial Regulation. The FIA Cost Cap administration notes that all competitors acted at all times in a spirit of good faith and cooperation throughout the process. The FIA also notes that with respect to this first year of application of the Financial Regulations, the intervention of the FIA Cost Cap Administration was limited to the revision of the arguments presented by the Competitors and that complete formal investigations have not been launched “.
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