On Friday morning of the Singapore Grand Prix, the Formula 1 paddock found itself at the center of the case related to the budget overrun. According to authoritative German and Italian sources, the FIA would have found a violation in the analysis of the accounts of two teams – Red Bull and Aston Martin -, which would have used a higher figure than that required by the financial regulation.
In the evening, the Federation intervened on the issue with an official statement, which we report in full: “The FIA is finalizing the evaluation of the financial data for 2021 presented by all the Formula 1 teams. Alleged violations of the Financial Regulations, if any, will be dealt with according to the formal process foreseen by the regulations. The FIA has taken note of the unsubstantiated speculation and conjecture emerged in relation to the issue and reaffirms that the evaluation is underway and that the due process will be followed without taking into account any external discussion “.
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