Cap Administration News Today

Today the FIA announced that their audit of the 2022 budget was completed and that all 10 teams were confirmed to be under the cost cap

This week’s announcement from the FIA regarding the 2022 financial regulations was about as far removed from the way the 2021 findings came out as you can imagine.

The FIA has confirmed that all ten teams complied with the financial regulations in 2022 and have been handed their relevant certificates. In the first year of the cost cap, Red Bull and Aston Martin were penalized for breaches, with Williams also cited for the late reporting of its accounts.

The FIA has announced that all 10 teams have been found to be in compliance with the 2022 F1 cost cap regulations. 

The FIA confirmed today that all ten F1 teams have not breached the sport's cost cap for 2022, and that relevant certificates were issued.

Formula 1 teams stayed under the complicated $142.2 million budget cap, with many typical team expenses not even included.

LONDON (Reuters) - All Formula One teams were in compliance with cost cap restrictions last year, the sport's governing body said on Tuesday. Media re...

The numbers are in from the FIA over the F1 2022 cost cap, with all 10 teams' numbers having been reported on for last season.

F1’s governing body completed its financial review of each team and found no violations

All 10 Formula 1 teams have successfully stayed within the Cost Cap, which for 2022 was set at $140m, the FIA has announced.