P1racenews AI automatic summary:
The FIA’s Nikolas Tombazis has explained the thinking behind the decision.
“The FIA has announced that there will be no exemption in the F1 cost cap for Ferrari, despite the one granted to Audi. The cost cap for F1 teams will increase to $215 million USD from 2026, considering new technical regulations and inflation. Audi, based in Switzerland, will receive a further rise in the cost cap, causing discontent among other teams. The FIA has stated that Ferrari will not be granted an exemption due to salary differences between teams and the focus on high-labor cost countries like Switzerland. FIA director Nikolas Tombazis emphasized the importance of fairness and transparency in the decision-making process regarding cost caps and team salaries in F1.”
