F1 cost cap controversy avoided…for now
This week, the FIA announced the 2022 financial regulations, and it was a stark contrast to last year’s findings. Last year, there were rumors of a cost cap breach by Red Bull that were confirmed later in October. The details of the breach were only made public after two weeks, and it took 26 days for the breach agreement to be announced. This year, there were discussions about when the latest findings regarding the cost cap would be published, and rumors started circulating during the Italian Grand Prix weekend that no teams had breached the cost cap in 2022. The FIA confirmed this to be true on Tuesday. However, there are still concerns among teams about the FIA’s ability to police the cost cap and ensure compliance. Some teams feel that the FIA may be under-equipped in this area, as teams with larger budgets compete against each other.