Horner’s Candid Assessment: FIA’s Cost Cap Process Unveiled as a Thorough and Revealing ‘Full Colonoscopy’

Horner’s Candid Assessment: FIA’s Cost Cap Process Unveiled as a Thorough and Revealing ‘Full Colonoscopy’

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The Red Bull boss has explained how the financial regulations are continuing to mature and how the FIA continues to evolves its processes.

Red Bull CEO Christian Horner likened the scrutiny of the latest cost cap to a thorough examination. All 10 teams were found to be compliant with the 2022 cost cap, unlike the previous year when Red Bull overspent and exceeded the limit for the 2021 season. The overspend was largely due to an incorrectly applied tax rebate, resulting in a $432,000 fine for Red Bull. This penalty affected their development time for the 2023 car. Horner acknowledged the evolving nature of the cost cap regulations and praised the FIA for their thoroughness and learning from their experiences. Overall, he believed the FIA has done a decent job in implementing the cost cap.

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Forrás: RacingNews 365

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