Ferrari demand "transparent and severe" FIA response to budget cap breach
Ferrari demand "transparent and severe" FIA response to budget cap breach
Ferrari racing director Laurent Mekies has demanded the FIA takes a "transparent and severe approach" to the potential breach of financial regulations.
It is claimed Red Bull and Aston Martin breached the budget cap last season, with one team believed to have committed a minor infraction and the other a major breach, defined by being five per cent over the imposed limit.
That limit was $145million in 2021 and with Red Bull reported to have been the team to have committed the major infringement, serious measures could be imposed given the potential lasting effect through subsequent seasons.
Red Bull team principal Christian Horner insisted the team's submission was below the required line, though both Ferrari and Mercedes were vocal against the current championship leaders, with Toto Wolff particularly heavy with his comments.
Addressing the situation, Mekies said: "First it is down to the FIA to establish the breach and to then establish what sanctions there should be if there is a breach.
"What we were saying is we are very much looking forward to having a clear and transparent evaluation of what has happened and that severe measures are being taken if there is a breach.
"What we don't want is the rules change in the middle of a season and we find a compromise and the rules of engagements are different, not only for 2021 and as a result, for 2022 and 2023, that is key."
Ferrari reveals power of $7million
Five per cent of last season's budget cap would result in a $7.25million overspend.
On how much power such a breach could give a competitor, Mekies explained: "It is a simple calculation.
"We take it very seriously because it is a serious amount of lap time.
"Seven million would be like 70 engineers. Seventy engineers would be a serious amount of lap time. That is one example.
"If you think about the power these financial regulations have, it overpowers the technical and sporting regulations at the same time if you think about the amount of lap time lying in those sort of numbers.
"This is why we are very much looking forward to a transparent and severe approach."
Related
Change your timezone:
Latest News
Vettel announces F1 return as FIA single Mercedes out for Miami checks - GPFans F1 Recap
- 1 hour ago
F1 team announce SHOCK signing weeks after rival departure
- 2 hours ago
Former team boss quizzed on role in Newey's Red Bull exit
- 3 hours ago
RB reveal STRIKING new livery ahead of Miami GP
- Yesterday 20:57
EXCLUSIVE: Insider claims F1 Academy and W Series couldn't co-exist
- Yesterday 19:57
Wolff delivers big verdict on Hamilton behaviour
- Yesterday 18:57
Related news
Red Bull already sending parts to F1 race MONTHS away
Former Ferrari driver insists Sainz win doesn't 'taste special'
Palmer identifies the culprit behind Red Bull's Singapore letdown
AlphaTauri CEO reveals how Tsunoda struggles HELPED Lawson
F1 Standings
Drivers
- Oliver Bearman
- Charles Leclerc
- Carlos Sainz
- Lando Norris
- Oscar Piastri
- Pierre Gasly
- Esteban Ocon
- Sergio Pérez
- Max Verstappen
- Alexander Albon
- Logan Sargeant
- Lewis Hamilton
- George Russell
- Nico Hülkenberg
- Kevin Magnussen
- Fernando Alonso
- Lance Stroll
- Valtteri Bottas
- Zhou Guanyu
- Daniel Ricciardo
- Yuki Tsunoda
Races
- Gulf Air Grand Prix of Bahrain 2024
- Saudi Arabian Grand Prix 2024
- Grand Prix of Australia 2024
- MSC Cruises Grand Prix of Japan 2024
- Grand Prix of China 2024
- Miami Grand Prix 2024
- Gran Premio dell'Emilia Romagna 2024
- Grand Prix of Monaco 2024
- Grand Prix du Canada 2024
- Gran Premio de España 2024
- Grand Prix of Austria 2024
- Grand Prix of Great Britain 2024
- Grand Prix of Hungary 2024
- Grand Prix of Belgium 2024
- Heineken Dutch Grand Prix 2024
- Grand Prix of Italy 2024
- Grand Prix of Azerbaijan 2024
- Grand Prix of Singapore 2024
- Grand Prix of the United States 2024
- Gran Premio de la Ciudad de Mexico 2024
- Grande Prêmio de São Paulo 2024
- Heineken Silver Las Vegas Grand Prix 2024
- Qatar Grand Prix 2024
- Grand Prix of Abu Dhabi 2024
About GPFans
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.
Follow us on your favorite social media channel
Corporate & Media
Innovatieweg 20C7007 CD, Doetinchem, Netherlands
+31645516860