The budget case cap. As is known, the Formula 1 teams for the 2021 season had a spending ceiling of 145 million dollars at their disposal, a limit that – according to rumors from the Italian and German press – would have been exceeded by two teams, Red Bull and Aston Martin. At the Singapore race weekend, the Federation had branded as “Speculations” the rumors emerged, postponing the official communications on the analysis of financial data relating to last season to this Wednesday. At the same time, Ferrari and Mercedes and some smaller teams lined up compactly asking for exemplary sanctions against any guilty parties, a circumstance that greatly irritated the Red Bull men, who in any case expressed tranquility for the control procedure in place at the bodies in charge. We remind you that the Cost Cap Administration deals with the matter, which can avail itself of the advice of independent companies. The total calculation does not include expenses relating to the salaries of the pilots, the three top managers, the costs of marketing, logistics, travel and legal affairs. Finally, there was a lot of talk about possible actions in case of violation of the ceiling: the regulation provides for a range of sanctions based on the seriousness of the infringement committed.
The press release from the FIA. Today, at 11 am, the International Federation had communicated to journalists the imminent release of a note within the following two hours, concerning the timing of the issuance of the certification of eligibility within the spending ceiling of the 2021 budgets. was longer and at 16.50 it was announced that “the analysis of financial documents is a long and complex process which is still ongoing and will end with the issue of the certificates on Monday 10 October. No further communications will be issued until that date “.
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