Page 4 - Cap Administration News Today

The FIA announced that Red Bull exceeded the $145 million budget for last year by less than 5 percent. No punishment has yet been announced.

The FIA have confirmed Red Bull have committed a minor overspend breach on the 2021 budget cap, while Aston Martin had a procedural breach.

There is a cloud over Max Verstappen's maiden F1 championship after his team was found to be the only one to breach the sport's new cost cap.

The FIA are expected to sign off on all of the F1 team's expenditure for 2021, as rumours circulate about budget cap overspending.

Red Bull faced unproven allegations at last weekend’s Singapore Grand Prix that they exceeded F1’s cost cap last term.

The FIA, have delayed the release of the 2022 F1 cost cap Certificates of Compliance to the Financial Regulations to Monday

The FIA has delayed its 2021 cost cap report, now saying its public release will now take place on Monday 10 October.

The FIA informs that the conclusion of the analysis of the 2021 financial submissions of the Formula 1 teams and the subsequent release of Certificates of Compliance to the Financial Regulations will not take place on Wednesday, 5 October. The analysis of financial submissions is a long and complex process that is ongoing and will be concluded to enable the release of the Certificates on Monday, 10 October.

A report has claimed that, if Red Bull are found to be in breach of Formula 1's cost cap at all, their overspend will only be a minor one.

Rumours surrounding overspending have put the FIA in a tough spot, simply because this has never had to be policed before.