Red Bull confident in F1 cost cap submission despite FIA postponement

2022 Japanese Grand Prix

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Red Bull remains confident the FIA will find its 2021 cost cap submission is within the rules after the governing body postponed certification of the Formula 1 teams’ finances.

The FIA was due to issue certificates of compliance to teams on Wednesday but pushed it back to Monday next week. It did not give a reason for the delay other than that “the analysis of financial submissions is a long and complex process.”

Following reports two teams will be found in breach of the cap, the FIA again said there has been “significant and unsubstantiated speculation and conjecture in relation to this matter.”

Red Bull team principal Christian Horner remains satisfied the data they have supplied to the FIA shows they kept within the $145 million spending cap which was in place last year.

“We were expecting the certificates as well on Wednesday, hoping for them on Wednesday,” he told Sky. “But that’s obviously been delayed for all of the teams. The FIA have obviously taken that choice.

“So we wait with interest to see what happens on Monday. But again, we feel that we’ve absolutely complied with the cost cap, with the regulations, happy with our submission and are waiting to hear what the feedback is.”

Lando Norris, McLaren, Suzuka, 2022
Gallery: 2022 Japanese Grand Prix practice in pictures
The FIA’s decision on the teams’ finances is now due to come on the day after the Japanese Grand Prix, where Max Verstappen could claim his second world championship title. He is guaranteed to do so if he wins and sets the fastest laps, but can still clinch the title if he finishes lower down the order depending where Charles Leclerc and Sergio Perez finish.

“It’s a big weekend for Max,” said Horner. “It’s a possibility rather than a probability, but it’s another match point effectively for him. So that’s what we’re focussed on.

“To be honest with you, all the rest, the amount of noise that there’s been around other topics one could only think it’s designed to be a bit of a distraction. But we’re very happy with where we are, where our submission for the cap is and all focus on this weekend.”

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2022 Japanese Grand Prix

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Keith Collantine
Lifelong motor sport fan Keith set up RaceFans in 2005 - when it was originally called F1 Fanatic. Having previously worked as a motoring...

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13 comments on “Red Bull confident in F1 cost cap submission despite FIA postponement”

  1. Can we give this topic a rest for the moment and just focus on Tsunoda’s helmet design for the weekend? It’s looks absolutely amazing…

    helmet design

    1. Well it was so full of comments it is easier to write some new comments here as it is not so full yet. But everything Koi-related is 10/10

    2. @Search @qeki
      I couldn’t agree more with both of you concerning his design for this event.

    3. Indeed. Getting boring with everybody carping on about the cost cap.

      (I’ll get my coat).

      1. Mighty fine pun.

        And to be fair, I saw that TeamLH twitter tried to get #CostcappenScandal trending on Wednesday and I have to say, that was a mighty amusing hashtag if you look beyond the ridiculousness of pre-assuming there’s a scandal to begin with.

  2. Jeffrey Powell
    7th October 2022, 13:31

    We feel we have complied, not we have complied, sounds a bit like. ‘ wasn’t me Guv , move along there , nothing to see here’!. ‘ Give us our trophies and we’ll get our coats’.

  3. I’m confident that I’m the world’s No.1 ladies man.

    Your move, Red Bull.

    1. reports on racefans suggested two women had some complaints about you.

  4. Horner in May 2022 rgd. cost cap (according to another article here):

    “I think everybody, certainly all the major teams are going to breach that 140 count this year.”

    “What we don’t want to end up doing is, there’s a 5% threshold for a minor breach. What is the penalty for a minor breach? What we don’t want to do is end up playing a game of chicken as to say, does he go to 4.9 over, do we go 4.7 over? And that one upgrade could be the differentiating factor of this world championship.”

      1. Thank you for being honest about Horner pleading for an increase in the cost cap under heavy inflation force majeure. And not trying to spin it to fit your narrative.

        Oh, wait.

        1. inflation is no force majeure. any company needs to deal with it.

Comments are closed.