
Wolff - "Reputational damage" beyond Red Bull budget cap sanction
F1 News
Wolff - "Reputational damage" beyond Red Bull budget cap sanction

Mercedes team principal Toto Wolff has dismissed breaching F1's budget cap in the future as he fears the "reputational damage" would outweigh any sporting or financial penalty.
Red Bull opted for an accepted breach agreement [ABA] with the FIA after being found to have breached the $145million budget cap last season.
Although the governing body found Red Bull to have acted in good faith throughout the process, it handed out a fine of $7million and a 10 percent reduction in its aerodynamic testing allocation, a penalty described by Red Bull team principal Christian Horner as "draconian".
On whether the punishment fitted the crime, Wolff told Sky Sports F1: "What is most important for me is there is robust governance.
"They didn't bat an eyelid, they just followed the process.
"Federico [Lodi, FIA head of financial regulations] and his team, Sheila Ann [Rao] and Nicholas [Tombazis] were absolutely good in assessing.
"I know how rigorous they were with us all throughout the year, that was a difficult process.
"When I am seeing 13 positions that were wrong, with us that wasn't the case.
"Overall, it is good to see that there is a penalty, whether we deem it too low or too high."
Asked whether the penalty and lack of retrospective action made it worth breaking the budget cap in the future, Wolff replied: "I think what you see beyond the sporting penalty and financial fine, it is also the reputational damage.
"In a world of transparency and good governance, that is just not on anymore.
"Compliance-wise, whatever team you are, you are responsible for representing your brand, your employees, your sponsors.
"That is why, for us, it wouldn't be a business case."
Related news

Russell declares himself 'ready to fight' for title

Wolff astonished by Hamilton's powers of recovery - 'How is that possible?'

Russell hailed as F1 'revelation' by former champion

Ferrari boss Vasseur - I'll "fight like hell" with Mercedes' Wolff
Most read

Alonso: Only Hamilton has Vettel's phone number

Hamilton fired 'Oscars' warning as Red Bull Ford rumours intensify - GPFans F1 Recap

F1 LIVE - Former Red Bull F1 driver makes WEC switch

Bottas slates 'controlling' FIA over latest crackdown

Hamilton urged to curb ‘Oscar speech’ antics
F1 Standings

Races
-
Gulf Air Grand Prix of Bahrain 2023
-
Saudi Arabian Grand Prix 2023
-
Grand Prix of Australia 2023
-
Grand Prix of China 2023
-
Grand Prix of Azerbaijan 2023
-
Miami Grand Prix 2023
-
Pirelli Gran Premio Del Made In Italy E Dell'emilia Romagna 2023
-
Grand Prix of Monaco 2023
-
Grand Prix of Spain 2023
-
Grand Prix of Canada 2023
-
Grand Prix of Austria 2023
-
Grand Prix of Great Britain 2023
-
Grand Prix of Hungary 2023
-
Grand Prix of Belgium 2023
-
Heineken Dutch Grand Prix 2023
-
Grand Prix of Italy 2023
-
Grand Prix of Singapore 2023
-
Grand Prix of Japan 2023
-
Qatar Grand Prix 2023
-
Grand Prix of the United States 2023
-
Gran Premio de la Ciudad de Mexico 2023
-
Grand Prix of Brazil 2023
-
Las Vegas Grand Prix 2023
-
Grand Prix of Abu Dhabi 2023
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

7007 CD, Doetinchem, Netherlands
+31645516860