F1 News - FIA reveal all teams were below 2022 budget cap
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
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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.