The FIA will not confirm whether all 10 Formula 1 teams will adhere to the 2021 budget cap until next week.
Motorsport’s governing body said it would announce on Wednesday which teams would be certified under the $145 million spending cap introduced last year.
However, he confirmed in a statement that no news will be released after this weekend’s Japanese Grand Prix.
“The FIA announces that the conclusion of the 2021 financial analysis of the Formula 1 teams and the issuance of the certificates of compliance with the financial regulations will not take place on Wednesday, October 5,” it announced.
“The analysis of financial submissions is an ongoing long and complex process and will be completed on Monday, October 10 to allow the release of certificates.”
F1 introduced its financial regulations last year. It required teams to keep their expenses within the prescribed limits, excluding certain items such as the salaries of drivers and senior team staff. It took more than six months for the FIA to analyze the data submitted by the teams on their 2021 spending.
Ahead of the Singapore Grand Prix, teams such as Red Bull and Aston Martin have been widely reported to have breached the rules. The FIA reiterated today that “there have been significant and unconfirmed speculations and speculations in relation to this matter, and the FIA will not provide any further information until it is finalised”.
He also vehemently denied claims that the groups had leaked information. The FIA added: “Any suggestion that FIA staff disclosed sensitive information is equally unfounded.”
Advertisement | Become a RaceFans fan and
2022 F1 season
Browse all 2022 F1 current articles
