Following speculation over the Singapore Grand Prix weekend that two teams – Red Bull and Aston Martin – may have exceeded the $145m cost cap for 2021, the F1 paddock has been eagerly awaiting news of the governing body of the series.
The FIA was due to issue compliance certificates on Wednesday to teams that remained within the $145 million limit after a full audit.
But in a statement released late Wednesday afternoon, the FIA said the certificates would now only be released next week.
“The FIA informs that the conclusion of the analysis of the 2021 financial submissions of Formula 1 teams and the subsequent publication of the certificates of compliance with the financial regulations will not take place on Wednesday October 5th,” the statement read.
“The analysis of the financial submissions is a long and complex process which is in progress and which will be concluded to allow the publication of the certificates on Monday October 10th.”
It means the discussion over the budget cap is set to continue over the Japanese Grand Prix weekend, with Red Bull and Aston Martin denying they exceeded the $145m limit last year.
Red Bull team principal Christian Horner said on Sunday he was “absolutely confident” the team had complied with the financial regulations, amid calls from rivals Ferrari and Mercedes for tough penalties if it does. was not the case.
Sebastian Vettel, Aston Martin AMR22, Max Verstappen, Red Bull Racing RB18
Photo by: Zak Mauger / Motorsport Images
Horner previously called out his rivals for making “defamatory” statements about it, which Mercedes counterpart Toto Wolff called “noise”.
Any team that exceeded the budget cap by less than 5% — about $7 million in 2021 — would be deemed to have committed a minor infraction, with penalties ranging from a reprimand to point deductions.
A violation beyond the 5% mark is considered a material violation, which can be sanctioned by exclusion from the championship, point deductions, cost cap reductions or testing limitations.
In Wednesday’s statement, the FIA repeated its comment noting “significant and unsubstantiated speculation and conjecture” regarding the budget cap.
“The FIA reiterates that until it is finalized, no further information will be provided,” the statement added.
“The FIA also reiterates that any suggestion that FIA staff leaked sensitive information is also without merit.”