P1racenews AI automatic summary:
An unusual delay in the FIA issuing Formula 1 teams with their cost cap compliance certificates has fuelled mounting speculation over potential rule breaches being probed
Due to an unexpected delay in the FIA issuing Formula 1 teams with their cost cap compliance certificates, there is a growing speculation about potential rule breaches being investigated. The confirmation of FIA’s reviews of teams’ submissions typically occurs shortly after the summer break following the March 31 deadline.
The FIA has traditionally issued compliance certificates when all 10 teams have been found to comply with the regulations around early September, with exceptions like in 2022 when Red Bull and Aston Martin broke the cost cap rules. This year, the delay in issuing certificates has fueled talks of extended investigations and potential breaches by multiple teams.
While the FIA has not provided specific details about the ongoing review process for the 2024 submissions, the delay suggests a complex situation that may require additional scrutiny. The cost cap, set at around $165 million last year, includes a separate power unit cost cap of $95 million.
In case of a breach, teams must submit spending documentation by March 31 for review, with potential investigations conducted by the FIA’s Cost Cap Administration. It is essential to await the FIA’s official findings and announcements regarding the 2024 submissions and compliance status of the teams.
